Business Checking Comparison Chart

A proud supporter of working from the park.

Osgood has been serving businesses for 100 years.

Whether you are just starting out or you've been around as long as we have, there is a product here for you. Find what you are looking for below or contact one of our bankers about your business checking needs.

All Business Checking Accounts cycle on the last business day of the month.

*Additional restrictions may apply. Please see an Osgood banker for details. 

Business Checking Accounts

 Question Business Checking Money Market Deposit Cash Management NOW Account
Will I earn interest? No Yes Yes Yes
What is the minimum balance required to earn interest? Not Applicable $1,000.00 $1,000.00 $1,000.00
What is the minimum balance to avoid fees? Not Applicable $1,000.00 $1,000.00 $1,000.00
What is the fee if I fall below the minimum? Not Applicable $10.00 per statement Not Applicable $5.00 per statement
Will I receive images with my statement? Yes Yes Not Applicable Yes
What is the monthly service charge? $.10 per debit & $5.00 main. fee Free as long as bal > $1000.00 $10.00 per month Free as long as bal > $1000.00
What is the minimum balance to open? $100.00 $1,000.00 $1,000.00 $1,000.00
Other benefits to this type of account?

Offset part of your service charge

Earn Credits against service charge by maintaining a balance of $100.00 or greater $.10 per $100.00

Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited

Allow the funds in your Business Checking to work for you.

Automatic sweep to your Business Checking to cover day-to-day needs

 
Are there any restrictions?* No You may make no more than six (6) preauthorized withdrawals, automatic or telephone transfers, checks, drafts and debit card and similar transactions from your account per month or statement cycle.

Cash Management Accounts are limited to six automatic debits per statement cycle.

Additional withdrawals must be made in person.

Corporations, Associations and Partnerships operated for profit are not eligible for NOW Accounts