Interest Checking

Florida

Opening Deposit

$100 minimum

Eligibility

Sole proprietors
Nonprofit organizations
Public funds

Transaction limitations

Unlimited

Interest

Earned at a tiered rate and credited monthly

Service Charges

Average Daily Collected Balance less than $5,000 and minimum Daily Collected Balance less than $2,500

$15.00 per month

Charge per deposited item after 100 deposited items per month

Drawn on Compass: $0.11/item, Local and Clearinghouse: $0.12/item, Non-Local and Other Federal: $0.13/item

Charge per debit after 25 debits per month

$0.16 per item

Deposit Credits

$0.45 per item

Returned Cancelled Checks

$5.00

Effective 1/1/2006