Business Checking Accounts
Compare our checking products
It is our job to make your job easier and New Millennium Business Checking is a perfect example. We deliver all the service and convenience you need. It’s smart and flexible—like you.
Running your business is a tough job. Handling the banking should be easy.
HIGHLIGHTS
- Minimum opening deposit of $100
- Earnings credit offsets monthly fees and is based on your monthly average collected balance. Earnings credit rate is calculated at 0.25% above the Business Interest Checking Account rate
- Monthly fee of $10 can be offset by earnings credit allowance
- Business Debit Card
- Free online banking with bill payment
- Convenient monthly statement shows images of every check processed
- Duplicate monthly statements available for direct mailing to your accountant, attorney, or others
- Free employee checking account program
- E-Statements available
- Per Item Fees: (Can be offset by earnings credit allowance)
- Check Fees $0.17 per check
- Deposit Fees $0.17 per deposit
- Deposited Item Fees $0.17 per item
This interest-bearing account provides outstanding service benefits to sole proprietorships, not-for-profit agencies and government entities. Start today and enjoy the friendly convenience of New Millennium banking.
Smart banking for sole proprietorships, not-for-profits and municipalities.
HIGHLIGHTS
- Minimum opening deposit of $500
- Earns interest on your daily collected balance
- Free of Minimum Balance Fee when you maintain a daily balance of $5,000 or more. If your balance falls below the minimum, a $20 Minimum Balance
Fee applies for that statement period - Business Debit Card
- Free online banking with bill payment
- Convenient monthly statement shows images of every check processed
- Duplicate monthly statements available for direct mailing to your accountant, attorney or others
- Free employee checking account program
- E-Statements available
Stop wasting your time trying to unscramble complex escrow transactions. We can relieve your escrow account headaches so you can make the most productive use of your time.
Your time is valuable and our service is Free; a Smart Start for your Escrow Banking Needs.
HIGHLIGHTS
- Unlimited sub-accounts
- Add sub-accounts with a deposit slip
- Up-to-the-minute balance information
- View and download account activity via secure website
- No service charges
- No maintenance fees
- Comprehensive monthly statement includes images of all deposits and
checks paid - Year-end 1099-INT tax statements mailed directly to your clients if applicable
- Daily fax reports available
- One checkbook covers master and sub-accounts
- QuickBooks® compatible checks available
Neighborhood businesses are the cornerstone of America’s great success stories. New Millennium Bank salutes you with a checking account that’s big on service and easy on your budget, plus true neighborhood convenience!
Your business partner — right around the corner
HIGHLIGHTS
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- Minimum opening deposit of $100
- Free of Minimum Balance Fee when you maintain a minimum daily balance of $500 or more. If your balance falls below the minimum, a $20 Minimum Balance fee applies for that statement period
- No per-item fees on the first:
- 50 checks paid per month
- 25 deposit tickets per month
- 200 items deposited per month
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- For each item processed above these limits:
- Check Fees $0.17 per check
- Deposit Fees $0.17 per deposit
- Deposited Item Fees $0.17 per item
- Business Debit Card
- Free online banking with bill payment
- Convenient monthly statement shows images of every check processed
- Duplicate monthly statements available for direct mailing to your accountant, attorney, or others
- Free employee checking account program
- E-Statements available
| New Millennium Business Checking | Business Interest* Checking | Neighborhood Business Checking | |
| Minimum Opening Deposit | $100 | $500 | $100 |
| Daily Minimum Balance to Avoid Fees | Earnings Credit Account | $5,000 | $500 |
| Minimum Balance Fee | $0 | $20 | $20 |
| Monthly Fee | $10 can be offset by earnings credit allowance | $0 | $0 |
| Per Item Fees | Can be offset by earnings credit allowance • Check Fees $0.17 • Deposit Fees $0.17 • Deposited Item Fees $0.17 | N/A | First 50 checks, 25 deposit tickets and 200 items deposited per month no per item fees; over these limits: • Check Fees $0.17 • Deposit Fees $0.17 • Deposited Item Fees $0.17 |
| ATM Fees | NO Fees by NMB | NO Fees by NMB | NO Fees by NMB |
| Debit Card | FREE | FREE | FREE |
| Online Banking | FREE | FREE | FREE |
| Online Bill Payment | FREE | FREE | FREE |
| Member FDIC A fee for paying overdrafts and/or a fee for returning overdrafts may apply. Fees may reduce earnings. | |||