Business Checking Accounts

Business Free Checking

This is an economical, non-interest bearing account designed especially for start up businesses with low transaction volume. With minimal fees, this account is perfect for the entrepreneur.

For all types of business and organizations.
$100 minimum initial deposit.
Maintain a $1500 average balance to avoid $10.00 monthly service charge.
The first 150 combined debits, deposits, and deposited items will be processed at no charge. Each item in excess of the first 150 will incur a $0.25 charge.
Receive monthly statements and imaged copies of items.
Merchant MasterCard and Visa processing, night depository, and FICA payments are available for this account.

For a complete list of service fees, please click here.

Business Checking

Designed for businesses with a larger volume of transactions and higher deposit balances. The activity in this account is analyzed monthly and an earnings credit is applied which may offset all or most of your fees. This account allows your business to pay its day-to-day operating expenses for a low monthly maintenance fee of $10.00, with the following additional charges:

$0.15 for each debit
$0.25 for each deposit batch
$.06 for each deposited item

These charges are offset by an earnings credit based upon the average collected balance (the usable balance from deposits that have been collected), less a 10% reserve requirement at a variable rate. Federal law prohibits banks from paying interest on corporate accounts. We can, however, apply a non-cash earnings credit based upon the current balance, which is used to offset service charges. You will also receive a monthly statement and imaged copies of all items.

For a complete list of service fees, please click here.

Business Checking with Interest

Designed for non-profit organizations and sole proprietors with less than 100 transactions per month, this account earns interest which is credited monthly.

Available to sole proprietors and non-profit organizations.
This monthly interest-bearing account has a $10 monthly maintenance fee and a $0.25 debit fee; however, no fee will be charged if a minimum balance of $2,500 is maintained.
You will also receive a monthly statement and imaged copies of all items.
Merchant MasterCard and Visa processing, night depository, and FICA payments are available for this account.
At month-end, an account statement and imaged copies of checks are returned. You also have the choice of any business check style.

For a complete list of service fees, please click here.

On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2013. For more information please contact Coulee Bank or visit www.fdic.gov.

Beginning July 1, 2010 Coulee Bank will no longer participate in the FDIC’s Transaction Account Guarantee Program. Thus, after June 30, 2010, funds held in non-interest bearing transaction accounts will no longer be guaranteed in full under the Transaction Account Guarantee Program, but will be insured up to $250,000 under the FDIC’s general deposit insurance rules.