Business Account Conversion Charts

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Spencer Hopkins
6 years ago
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1 Business Account Conversion Charts 39

2 Simple Business Checking, Community Business Checking or Basic Business Checking Small Business Checking $9 monthly maintenance fee 7 Relationship Rewards 2 If your balance does not fall below $400 and you choose three additional relationship services (listed to the right), we will waive the monthly maintenance fee Transaction Charges 3 First 100 transactions are free each month. $0.25 per transaction after the first 100 Cash Deposited First $2,500 per month is free. $0.75 per $1,000 after the first $2,500 Statement options include Check Imaging, Safekeeping Temporary Waiver of Fees The maintenance fees, transaction fees and cash deposited fees associated with this account type will be waived through December This waiver period will allow us the opportunity to review your business activity to determine a business checking product that best meets your needs. During this analysis, your banker may contact you to recommend a move to a different product or recommend additional services to qualify for Relationship Rewards. Columbia Bank, Member FDIC 40

3 Relationship Services Add any three of these services to complete your relationship.* Deposit Services Business Checking Account Business Savings Account Business Money Market or CD Health Savings Account Treasury Management Services Business Online Banking Business Bill Pay Remote Deposit Capture 5 Small Business Investment Sweep Loan Services 5 Business Reserve Line of Credit Fast Track Business Equity Loan Line of Credit Business Equity Line of Credit or Loan Commercial Real Estate Loan SBA Loan Additional Services Merchant Card Services ** Business VISA Debit Card Business VISA Credit Card 5 CB Financial Services+ *Some Relationship Services may require additional fees (setup, monthly maintenance, etc.) Please review the Services and Fees Schedule and additional product brochures for fees related to any service. **Merchant Card Services is a service provided by Columbia Bank and is not provided by First Data. + Securities, insurance products and advisory services offered through Cetera Investment Services LLC (doing insurance business in CA as CFGIS Insurance Agency), member FINRA/SIPC. CB Financial Services, located at Columbia State Bank, is a marketing name for Cetera Investment Services. Cetera is not affiliated with Columbia State Bank. Advisory services may only be offered by Investment Advisor Representatives in connection with an appropriate Advisory Service Agreement and disclosure brochure as provided. Investment products are: Not FDIC insured May lose value Not bank guaranteed Not a deposit Not insured by any federal government agency. 41

4 Business Interest Checking, Business Assurance Checking or Business Checking with Interest Business Interest Checking $10 monthly maintenance fee $1,000 minimum daily balance required to waive monthly maintenance fee 2 $1,000 minimum daily balance to earn interest (See enclosed rate sheet) Interest earnings are calculated daily and paid / compounded monthly Transaction Charges: - Deposits/Credits: $ Checks/Withdrawals: $ Checks Deposited: $0.065 Statement options include Check Imaging or Safekeeping $3 monthly maintenance fee $500 minimum daily balance required to waive monthly maintenance fee 2 First three transactions are free. $1 per transaction over three per month if balance is less than $500 No minimum daily balance required to earn interest (See enclosed rate sheet) 42 If your current account is: Business Savings, High Yield Fixed Savings or High Yield Variable Savings Business Savings 6 Interest earnings are calculated daily and paid / compounded monthly

5 Business Money Market Business Money Trend 6 $10 monthly maintenance fee $1,000 minimum daily balance required to waive monthly maintenance fee 2 Interest earnings are calculated daily and paid / compounded monthly 3 free debits per month. $1 charge for each debit after the first three if balance is less than $1,000 No minimum daily balance required to earn interest (See enclosed rate sheet) - Columbia Bank ATMs: No charge Check Safekeeping required If your current account is: Preferred Business Money Market Premium Business Money Market 6 $20 monthly maintenance fee $25,000 minimum daily balance to waive monthly maintenance fee 2 Interest earnings are calculated daily and paid / compounded monthly No minimum daily balance required to earn interest (See enclosed rate sheet) Check Safekeeping required 43

6 Public Funds Savings, Public Funds Money Market or Public Funds Interest Checking Public Funds Interest Checking No monthly maintenance fee Interest earnings are calculated daily and paid monthly No minimum daily balance required to earn interest (See enclosed rate sheet) Limited to government entities Statement options include Check Imaging or Safekeeping If your current account is: Public Funds Checking Public Checking No monthly maintenance fee Limited to government entities - Columbia Bank ATMs: No charge Statement options include Check Imaging or Safekeeping 44

7 Business Analysis, Federated Prime Obligation, Federated USCTR or Federated Government Obligation Commercial Checking $12.50 Monthly Maintenance Fee Earnings credit based on investable balances Credits posted $0.30 each Debits posted $0.17 each Deposited items $0.08 each ACH items posted $0.12 each Cash deposited/sold $0.08 per $100 Rolled coin purchased $0.10 per roll Loose coin deposited $10.00 per bag Uncollected funds usage is Prime % Deposit assessment $0.13 per $1,000 ATM Transaction Charges - Columbia Bank ATMs: No charge - Point of Sale (POS): No charge Check Imaging or Safekeeping statement options available 45

8 Business Account Disclosures 1. VISA Business Debit Cards are offered to all businesses. 2. The balance requirement to avoid the monthly maintenance fee is based on a minimum. You must maintain the minimum balance each day to avoid the disclosed maintenance fee. 3. Transactions include deposits, deposited items, checks, withdrawals, ACH credits and ACH debits. 4. ATM cards are available to Sole Proprietors only. 5. Subject to credit approval. 6. During any statement cycle you may not make more than 6 withdrawals or transfers to another account of yours or to a third party by means of a pre authorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. A $5 charge per withdrawal will be assessed after the sixth withdrawal per statement cycle. If you continue to exceed the number of transfers or withdrawals, your account may be closed or the account type may be changed. 7. Your monthly maintenance fee will be waived for the first 5 statement cycles after August 26, This will provide you with the opportunity to explore and enroll in the three minimum relationship services that can help toward waiving the monthly maintenance fee. Please refer to the Services and Fees Schedule enclosed within this mailing for additional fees that may be assessed against your account. 46

Watch for Blue Envelopes with Important Online Banking Information!

Watch for Blue Envelopes with Important Online Banking Information! Name 1 Name 2 Address 1 City State Zip Your accounts and services will change on March 12, 2018! We are excited to announce the date of the transition of your accounts and services to Columbia Bank