Banking Business

FAQs

Non-ProfitStyle Account

Our Non-ProfitStyle account rewards companies that serve others. Your tax-exempt company gets an exceptional interest rate that grows as your balance grows. Ask any banking center representative for the current rates.

  • $100 Minimum Balance to open
  • No monthly statement fee
  • No minimum balance to earn interest
  • First 500 items (checks) deposited per month processed free
  • Free basic checks—Basic 3-to-page safety paper checks, for as long as the customer has the account
  • Unlimited check writing
  • No coin and currency fees
  • Free Online Banking and Bill Pay
  • Monthly statements with imaged checks
  • FDIC insured

Additional services include:

To get a free nonprofit checking account, you must provide documentation that the organization is tax exempt under Section 501(c)(3), 501(c)(4), 501(c)(6), 501(c)(10), or 501(c)(19) as defined by the Internal Revenue Code. Homeowner associations as defined by section 528 of the Internal Revenue Code are also eligible.

Other fees and charges may apply.  Please contact your local Banking Center for complete details.
 

For a complete overview of rates, click here.  To view our Terms and Conditions Disclosure, click here.

Resources:

 

*Subject to approval

 

 
 

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For general inquiries contact us at:
800.222.3230  |    |  PO Box 652, Asheville, NC 28802

Copyright 2012 Asheville Savings Bank