The FinCEN beneficial ownership information (BOI) reporting rule implementing the corporate transparency act (CTA) was finalized on September 2022. The new rule went into effect on January 1, 2024, and requires legal entities to report Beneficial Ownership Information on the FinCEN website.
Reporting Companies created or registered before January 1, 2024, must submit a BOI report by January 1, 2025.
The website to register is: https://boiefiling.fincen.gov
Business Loans
In addition to all the checking and transaction services you need (see chart below), we also offer financing for working capital, seasonal needs, real estate, equipment and vehicles.
Term Loans
Lines of Credit
Commercial Mortgages
Construction Loans
Business Deposits
Business |
Money Market | |
---|---|---|
Minimum Opening Balance | $100.00 | $100.00 |
Image Statements | Yes | Yes |
Debit/ATM Card* | Yes | Yes |
Telephone Banking | Yes | Yes |
Online Banking | Yes | Yes |
Interest Bearing | No | Yes |
Service Charge** | $10.00 monthly | $15.00 monthly |
Minimum Balance** | $2,500.00 | $2,500.00 | Contact Us | Contact Us |
* Subject to approval.
** If your account balance falls below $2,500 on any day in the statement cycle, your account will be subject to the monthly service charge.
Ask About
Merchant Services
Online Banking
Mobile Deposits
Business ATM Card
Business Checking