Business Checking

Feature:

Landmark Business Checking Accounts

Small Business

Business
Plus

 Admiral Business

Non-Profit
Government 

Designed For:

Businesses with a low volume of activity

Businesses with a higher volume of activity

Small to medium sized businesses with moderate volume of activity

Non-Profit 501(c)(3)businesses and

Government / Public Fund Entities

Opening Deposit Required

$100

$100

$5,000

$500

Minimum Balance

$100

$100

$5,000
Minimum daily balance requirements

$500

Monthly Service Fee

$5.00

$15.00

$15.00
if balance falls below minimum

$10.00
if balance falls below minimum

Debit Fees

No fee for the first 30 debits - $0.25 thereafter

$0.15 per debit  See Earnings Credit

$.40 per debit, credit or deposited item over the first 250 items

$.40 per debit, credit or deposited item over the first 500 items

Credit Fees

None

$0.15 per credit
See Earnings Credit

Deposited Items

 

None

$0.12 
per ACH transaction or deposited item See Earnings Credit

Intrest Rate

Non-interest bearing account

Variable rate on
tiered balances
See Deposit Rate Sheet
Statements

Generated at month end with images of all checks and deposits tickets
Overdraft/NSF Fees

$35.00 per item created by check, in person withdrawal,
or electronic withdrawal such as ACH or AFT
 

Other Features

MasterCard Debit or ATM Card

Yes, upon approval​

Sweep Transfer

$2.00 per transfer

Telephone Transfers

$2.00 - FREE when using NetTeller or Phone Banking

Phone Banking

FREE Landmark Line at 763-444-2265
NetTeller OnlineBanking

FREE - See a Personal Banker to get started.

NetTeller Cash Management

$50.00 set up fee, $9.95 per month

Click here for more information

NetTeller
Bill Pay

$6.95 per month for up to 10 bills.
$0.40 for each additional bill.

E-Statements

 FREE with NetTeller Online Banking

Remote Deposit

 See a Personal Banker for details


EARNINGS ALLOWANCE:

    

Average Ledger Balance

  

$42,000.00

Less: Uncollected Funds

  

-   1,500.00

Average Collected Balance

  

$40,500.00

Less: Reserve Requirement (10%)

  

-   4,050.00

Equals: Net Average Collected Balance

  

$36,450.00
     

ACCOUNT ACTIVITY:

    

Account Maintenance Fee

  

      $15.00

Deposits

8 x $0.15

        $1.20

Checks Written

40 x $0.15

        $6.00

Checks Deposited

20 x $0.12

        $2.40

ACH Credits

2 x $0.12

        $0.24

ACH Debits

4 x $0.12

        $0.48

 

 

 

Equals: Total Activity Charges This Month

  

      $25.32
     

ACCOUNT CHARGE:

  

      $25.32

Activity Charges

    

Less: Earnings Allowance *

  

       -$6.21

Equals: Account Service Charge This Month

  

      $19.11
     

Earnings Credit Rate 0.20% **

    


* The calculation is based on the number of days in statement period. This example illustrates Account Service Charge for a 31-day month/statement period.

** The earnings credit rate is subject to change without notice.