Our business checking products and services make accessing your money convenient and easy. Our banking associates understand that a good bank plays an important role in your success by being responsive, competent, professional and business-smart.
Commercial Products & Services
Small Business Checking is a convenient alternative for small businesses that maintain low checking account balances, have low monthly account activity and want a no fee checking account solution. The account requires no monthly minimum balance, and is eligible for up to 100 no charge transactions including checks paid, deposits and deposited items. Transactions in excess of 100 will be charged a simple fee of $.25 per item.
Business Checking offers a low cost monthly service fee solution for businesses, partnerships and corporations that maintain higher monthly balances and have more than 100 transactions per month. An earnings credit of $.28 per $100 of the daily collected balances is automatically applied toward service charges.
Analysis checking is designed for business clients with account balances of $10,000 plus or multiple accounts that have varying levels of balances and activity. If you have more than one business checking account, the balances may be combined for purposes of analysis where you will receive an earnings allowance equal to 90% of the 91-day Treasury Bill rate.
If the earnings allowance is greater than the account activity fees, there is no service charge. If activity fees exceed the earnings allowance, the difference is charged to the account.
Our Treasury Advantage cash management program offers all of the services that growing businesses need to maximize their cash position, improve collections and generate management reports. Services included in our Treasury Advantage suite are:
Asset Management Checking
The Asset Management checking account package is ideal for Not For Profit Organizations who want to maximize the interest that they may earn on their deposits at The Hilltop Community Bank. This checking account provides a tiered interest rate structure that is highly competitive with short-term investment vehicles. Interest is paid on the full account balance and increases with the balances maintained on deposit.
The account is maintained on account analysis which calculates the account activity and provides an earnings credit for the balances maintained. The earnings credit is used to offset any service charges, which the account may be subject to if any. Generally, we find that with the hard interest that is paid to the Not For Profit Organization monthly, outweighs any service charges that the account may be subject to.
Governmental Funds Management Checking
The Governmental Funds Management Checking program provides municipalities and school board with a money management system that puts all their deposit dollars to work for them. The Governmental Funds Management Checking account will maximize interest earned on the governmental entity's checking account balances while satisfying the unit's financial obligations and maintaining required account records.
The account provides a tiered interest rate structure that is highly competitive with short-term investment vehicles. Interest is paid on the full account balance and increases with the balances maintained on deposit.
Hilltop Community Bank is a certified governmental depository under the Governmental Unit Deposit Protection Act.
As part of our banking relationship with local municipalities and school boards we offer the following additional services: