Colonial's Commercial Checking is a flexible account, designed for the changing needs of our high-volume business customers.

Benefits from Colonial Commercial Checking

• Earnings credit accrued on account balance offsets monthly service charge*
• Link to treasury management sweep services for optimum account balances
• Optional customized Colonial Check Card, eligible for Colonial Rewards
• Analyzed account statement provides detailed transaction information

Interest Rates

Balance	Earnings Credit Rate
Less than $100,000	Tier 1
$100,000 to $999,999	Tier 2
$1 million and above	Tier 3

 

Rates & Fees

Minimum Opening Balance	$500
Monthly Service Charge	Charges are offset by earnings accrued on 100% of average collected balance (less a 10 percent reserve requirement on the ledger balance) if sufficient funds are kept on deposit to offset activity changes.

 

 

*This rate is based on a percentage of the 91-day Trasury bill discount rates for auctions in the last seven days of the preceding month. Check your local Colonial office for your percentage. FDIC insurance does not apply to balances swept into an investment account. Instead, the balances (excluding offshore balances) are collateralized by investment securities. All rates and fees are subject to change without prior notice. For a current fee schedule of the account activity charge, see your local Colonial banker.