Banking - Business

Business Checking

We know that no two businesses operate alike. That’s why we offer several checking products, each designed to help you manage your cash flow as conveniently as possible, and all come with full online capabilities. Our products include:

Benefits in Every Checking Account

• Low opening  deposit
• Free Online Banking
• Free Bill Pay
• No fee Business VISA®  Debit Card*
• Free 24/7 Access to Telephone Banking
• Free, unlimited use of any Asheville Savings Bank ATM
• Unlimited access to “real live” bankers at no charge

*Subject to approval

Business Checking Account Comparison

Minimum to open	$100	$100	$200	$100
Monthly fee	None	$12.50	$15	None
Balance to avoid fee	None	$2,500	Not applicable	Not applicable
Earn interest on daily collected balance of $2,500 or more	No	Yes	Not applicable	Yes
Check images returned monthly	Yes	Yes	Yes	Yes
Coin/currency fees waived for non-profits	Yes	Yes	Yes	Yes
Checks or debits per month at no charge (includes debits for Online Bill Pay)	125	100	Not applicable	Unlimited
Fee for excess checks or debits	$0.35 each	$0.35 each	$0.18 each	Not Applicable
Deposit items per month with no charge	250	100	Not applicable	500
Fee for excess deposit items	$0.35 each	$0.35 each	$0.12 each	$0.35 each
Deposits or credits	Not applicable	Not applicable	$0.45 (ACH credits $0.20 each)	Not applicable
Basic Business Online Banking Services
Online Business Banking	Free	Free	Free	Free
Online Bill Pay	Free	Free	Free	Free
Advanced Business Online Banking Services
Wire transfers	Standard pricing	Standard pricing	Standard pricing	Standard pricing
ACH initiations (payroll, direct deposit, etc.)	Standard pricing	Standard pricing	Standard pricing	Standard pricing
Other Business Services
Remote Deposit Capture	Standard pricing	Standard pricing	Standard pricing	Standard pricing