Business Interest Checking
American Bank & Trust’s Interest Business Checking account is an interest bearing checking account designed specifically for sole proprietors and non-profit organizations and Attorney IOLTA accounts.
- $100 minimum deposit to open the account
- Maintain a daily balance of $1,000 to avoid a monthly fee of $10
- Earn interest if daily collected balance is = or > than $1,000.
- Free 200 processed items allowed per statement cycle. These items includes checks, internal debits, deposit items, deposits, incoming or outgoing ACHs, internet transfers, Visa check card debits or Bill Payments). If 200 items is exceeded there is a charge of .10 per excessive item.
- Business Visa Check Card available
- Free Internet Banking Services: Detailed account of transactions, transactions categories capability, bill pay, internal account transfers (including payments to loans) downloads, request for stop payments, check reordering, etc…
- Free monthly imaged statements or electronic statements
- Free 24/7 Bank by Phone services (1-888-389-2265)
Additional Feature or Services
- Merchant Services & Mobile Merchant Services to process your customer’s credit cards and check cards transactions
- Business lines of credits
- Check collection
- American Bank & Trust Business Visa Credit Card
- Visa Travel and Gift Cards available
**Please ask your customer service representative about these additional features and current account rates or visit our contact page.