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Whether you are just starting out or growing an existing business, our Value Checking for
Business account is right for you. Maintain a low minimum average daily balance and you'll never have to worry about fees.*
Plus, you'll enjoy all the great features you need to make managing your corporate finances fast and easy. |
Additional Value Checking for Business features include:
- *Monthly maintenance, per check, and per deposit item fees are waived if you maintain a minimum average daily balance of $2,000
- A generous earnings credit on your account balance to offset some or all of your fees
- An optional combined statement with your Business Money Market or Sweep Account
- **Full deposit insurance coverage by FDIC and DIF
- No-fee deposit only ATM cards
- Free online banking
- Bank-by-mail
- Free 24-hour telephone banking
Checking for Sole Proprietors/DBAs/Non-profits/Associations
Bank of Canton also offers an interest-bearing checking account to sole proprietorships, non-profit organizations,
associations, governmental units, and trust funds. For more information, please speak with your local branch manager or
call our Customer Information Center at 888.828.1690.
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| Product | Type of Compounding | Minimum Balance to Open | Minimum Balance to Earn APY | Annual Percentage Yield (APY) | ||
|---|---|---|---|---|---|---|
| Commercial Money Market Checking |
Monthly | $2,500 | $2,500 - $9,999 | 0.90% | ||
| $10,000 - $24,999 | 1.11% | |||||
| $25,000 - $49,999 | 1.31% | |||||
| $50,000 - $99,999 | 1.51% | |||||
| $100,000 or more | 1.66% | |||||
| *Rates are variable and may change after account opening. Fees may reduce earnings. | ||||||
*Bank of Canton is a member of both the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). The FDIC insures all deposits up to $100,000 and the DIF insures all deposits above that amount. At Bank of Canton, your deposits are fully protected, regardless of the size of your balance or combined balances.
