Checking
Ready to be treated right by a community bank that understands your business and its needs? Just checking.
Business Analysis Checking
Your high-volume business benefits most from this account that pays interest on your balance.
- No minimum balance
- An earnings credit calculated daily offsets/reduces any service charges
- Earnings credit calculated monthly
- Avoid $3.00 statement fee by enrolling in e-statements
Super B Checking
Here's the ideal Checking account for small businesses that handle lower volumes of transactions.
- No minimum balance to open the account
- Maintain a low minimum balance to offset a monthly maintenance fee
Business Interest Checking
Looking for a Business Checking account for your nonprofit organization or sole proprietorship? Here's the answer.
- No minimum balance to open the account
- Earn interest at a tiered rate based on your balance, starting at $1,000
- Interest credited and compounded monthly
- Maintain a low minimum balance to offset a monthly maintenance fee
- Avoid $3.00 statement fee by enrolling in e-statements
Reduce the burden of returned checks
C&N is here to help you with all of your business needs, including one of your biggest headaches - returned checks.
C&N's electronic check recovery service, Re$ubmitIt® significantly reduces the burden of collecting funds from NSF checks, while potentially doubling your recovery rate. You collect more returned checks and get 100% of the face value of all checks that are collected electronically! Here's how it works:
- Returned checks are sent from C&N to Re$ubmitIt® where eligible checks are converted into electronic items for re-presentment to the check writer's bank account for collection.
- The electronic check file is processed and strategically timed for re-presentation. Presenting checks at proven "smart dates" improves the chance of collection.
- If the item is not recovered on the first electronic re-presentment, it is re-cued for a second electronic re-presentment (third total). If this third presentment fails, the check can be sent to Re$ubmitIt's FREE secondary collections, or the check can be sent back to you.
- Upon settlement, 100% of the face value of the check is reimbursed to you automatically. The check writer's account is charged a state-regulated collection fee to cover the cost of collection.
If you have questions about the Re$ubmitIt® electronic check recovery service, please email them at [email protected].
| To be eligible for Electronic Recovery, a returned check must: |
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| What happens to ineligible checks? |
| Returned items that are less than $2,500 and ineligible for electronic re-presentment are re-submitted to the check writer's account as a paper draft, subject to eligibility requirements. Items greater than $2,500 are returned to the business. |
