business checking

Features

Navigator Business Checking

Compass Business Interest Checking

Discovery Account Analysis

Discovery Attorney Client Trust Account

Minimum Opening Balance:

$500

$500

$500

$500

Monthly Service Fee

$10

$10

$20

$6

Minimum Balance Required to Waive Monthly Service Fee

Daily balance of $5,000, $7,500 average monthly, or $10,000 combined balances

Daily balance of $1,000, $1,500 average monthly, or $10,000 combined balances

N/A

N/A

Interest Bearing

No

Account earns market interest rates on total collected balances on a tiered schedule.

Earnings credit on investable balances to help offset cost of services.

Account earns market interest rates on total collected balances.

Non-Proprietary ATM transactions

Sole proprietor – no fee

Sole proprietor – no fee

N/A

N/A

Additional Features & Options

Unlimited check writing, check imaging, night depository, direct deposit, online banking and bill pay at no cost.

Unlimited check writing on interest bearing account.

Check imaging.  Detailed checking and account analysis statements.  Accounts can be customized to meet your needs.

Discovery Bank manages reporting to the State Bar of California.

Transaction Limitations

None

200 paid items per month, $0.20 per debit over 200

Services and activity will be itemized by cost and volume. Account balances can be combined to offset cost.

All interest, less monthly maintenance fee, is remitted to the State Bar of California on a quarterly basis. There are no transaction limitations.