Kent Commerce Bank offers business checking accounts that are tailored to meet the needs of your company. No matter how big or small your company is we offer a variety of accounts to meet your needs.
Business Economy Checking
This full service account will not cost your business anything to use if the account's daily collected balance exceeds $20,000.00 for the month. When the balance is less than that, an earnings credit is used to offset the activity costs and can result in reduced or zero fees.
Corporate Value Checking
This account is designed for the company or small business that writes few checks and makes a limited number of deposits each month. By maintaining a $1,000 daily collected balance, you can avoid any monthly fees. This account permits a maximum of 50 debits and 100 deposited items per month. If the balance falls below the $1,000 daily collected balance and /or your activity is greater than allowed, service fees would apply.
IOLTA Checking
IOLTA Checking allows lawyers to place certain nominal and short-term client funds into pooled interest-bearing demand accounts. Financial institutions remit the interest directly to the Michigan State Bar Foundation for legal services for the poor and improvements in the administration of justice.
Sweep Accounts
Your checking account is the most active component of your financial management. You can earn interest with a sweep account.
Community Business Account
An interest bearing account for non-profit organizations. This account has unlimited check writing with a small minimum balance to avoid maintenance charges.
Savings Account
Let Kent Commerce Bank help your company maximize returns by providing an account to place your unused dollars, earning you valuable interest income.
Statement Savings
A $100 minimum balance is all you need to open this savings account, earn interest and avoid a monthly maintenance charge. Monthly withdrawal restrictions apply to this account.
Money Market Deposit Accounts
Our money market checking accounts offer competitive interest rates and flexibility to allow you to maximize your interest income while keeping your money liquid. These accounts have limited check writing privileges.
Investor's Choice
Earn interest calculated on your daily collected balance based on tiered interest rates. This account is service charge free as long as you maintain the minimum collected balance.
Index Money Market
Our Index Money Market account is a great option when you have a large amount of money that you want to keep flexible and still earn a high yield. The rate is based on the 13 week Treasury Bill rate published weekly in the Wall Street Journal.
Kent Money Market
Open this interest bearing account and watch your money grow. Maintain a minimum balance to avoid maintenance charges.