Most financial institutions offer Business Checking Accounts. Unfortunately, many of them come with complicated explanations (and calculations) of how you’ll be charged each month and can be loaded with hidden fees. Well, we think Business Checking should be straightforward and convenient, so you can concentrate on more important things—like running your business.
That’s why a Bronco Business Checking Account provides you with the flexibility to either write checks or use your Bronco Business VISA® Debit Card for daily purchases. In addition, your first 25 transactions each month are free. And, to keep things as simple as possible for you, we charge a flat monthly fee based on the number of transactions you make each month that exceed the first 25. In fact, our fee schedule is just as simple and straightforward as the account itself:
- 0-25 transactions per month = FREE.
- 26-250 transactions per month = $10.
- 251-500 transactions per month = $20.
- 501-1000 transactions per month = $40.
As an example, if you make 20 transactions one month and 95 transactions the next, you won’t be charged a fee at all for the first month. And you’ll only be assessed a $10 fee for that following month.
Note: A transaction is defined as any deposit or withdrawal (by check or debit card purchase). If you are making a deposit comprised of 10 individual checks, that deposit actually counts as 10 transactions.
No matter which tier you fall into, there is no monthly minimum balance requirement and you can open a Business Checking Account with as little as $100.
Review all Business Checking fees.
Not a member yet? Give us a call today at 757.569.6000.
