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Business Checking
click here to learn moreFor businesses with simple checking needs and limited activity.
Earn interest on this account and link to your business savings for overdraft protection.

- Earns dividends
- Monthly fee waived with daily balance of $500 or average balance of $1,500
- *No-cost drafts and deposits

Fees & Requirements
Opening Balance: $100
Monthly Charge: $4 (only if daily balance falls below requirement - otherwise no-cost)
*Drafts, Withdrawals & Checks: 100 no-cost per month; thereafter $0.15 per draft)
*Deposits & Deposited Items: 100 no-cost per month; thereafter $0.15 per item)
Loose Coin Deposits: no charge up to $200; thereafter 3% per day)
Cash Deposits: no charge up to $5,000; thereafter $0.65/$1,000
Currency Purchases: no charge up to $5,000; thereafter $0.65/ $1,000
Rolled Coin Purchases: no charge up to 50 rolls; thereafter $0.10 per roll


Business Checking Plus
For businesses with moderate transaction volumes and a need for coin and currency. Earn interest on this account and link to your business savings for overdraft protection.

- Earns dividends
- Monthly fee waived with daily balance of $2,500 or average balance of $3,500
- *No-cost drafts and deposits

Fees & Requirements
Opening Balance: $100
Monthly Charge: $8 (only if daily balance falls below requirement - otherwise no-cost)
*Drafts, Withdrawals & Checks: 500 no-cost/month; thereafter $0.15 per draft)
*Deposits & Deposited Items: 500 no-cost/month; thereafter $0.15 per item)
Loose Coin Deposits: no charge up to $200; thereafter 3% per day)
Cash Deposits: no charge up to $10,000; thereafter $0.65/$1,000
Currency Purchases: no charge up to $10,000; thereafter $0.65/ $1,000
Rolled Coin Purchases: no charge up to 100 rolls; thereafter $0.10 per roll


Account Analysis Checking
For business with high transaction volume and more complex banking needs. Earnings Credit is calculated based on average daily balance and will be applied toward accumulated monthly transaction charges.

- Benefit from the funds you have on deposit with SELCO
- Detailed summary of monthly activity

Fees & Requirements
Account Analysis offers earning credits to offset fees based on activity: Account Analysis Fees

To Open a Business Checking Account ...
Visit your local SELCO Branch or call 800-445-4483.


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