ORANGE BANK & TRUST COMPANY BUSINESS CHECKING AND SAVINGS ACCOUNTS
Local Bankers with Checking for Local Businesses
BUSINESS CHECKING
- 100 transactions per month at no charge.
- Maintain a monthly average balance of $10,000 or more to waive the monthly fee of $15.
BUSINESS POWER CHECKING
- 400 transactions per month at no charge.
- Maintain a monthly average balance of $10,000 or more in your checking account or $25,000 or more in your MMDA, and we’ll waive the monthly $25 fee.
NON-PROFIT CHECKING – FEATURING NO MONTHLY FEE
- No monthly account service charge.
LAWYER ACCOUNT (IOLA) – A SAFE PLACE FOR YOUR CLIENTS’ MONEY
- Deposit client escrow money into an IOLA, an interest-bearing account. We’ll send the interest minus the monthly fees to the New York State IOLA Fund.
BUSINESS SAVINGS – MAKING YOUR ASSETS GROW
MONEY MARKET DEPOSIT ACCOUNT
- Maximize your cash flow while investing surplus funds—earn higher interest as your balance grows.
- Open with a deposit of $2,500 or more.
- Interest is computed daily and credited monthly.
- Transfer funds by phone or the Internet at your convenience.
- Always have easy access to your funds.
STATEMENT SAVINGS ACCOUNT
- Interest is calculated and compounded quarterly.
- A minimum balance of $500 must be maintained to earn interest, or a $3 monthly fee applies.
- Maintain your records and statement is provided quarterly.
E-STATEMENTS*
Is it secure?
Yes. You log into Online Banking with your secure ID and password to view your statement. No account information is sent to you through e-mail.
After signing up, how long before I will begin to receive statements?
Once you sign up, e-Statements will begin with your next statement.
How do I know when my e-Statement is ready?
We send you notification by e-mail when your statement is ready to view each month.
Can I view my check images on e-Statements?
If you currently receive your check images in your paper statement, you will also be able to view your check images on e-Statements. Remember, you can always check your account history.
How long are e-Statements available to view online?
E-Statements are available for 24 months.
If I have more than one account, do I need to register each account for e-Statement?
Yes. You need to register each account individually. Simply log in to Online Banking, choose e-Statement Delivery under the Preferences menu. You will receive a separate e-mail notification for each account when it is ready to view.
And, remember, saving paper helps the environment.
OTHER SAVINGS SERVICES
- Certificates of Deposit
- Individual Retirement Accounts
ADDITIONAL SERVICES – TO HELP YOU WORK SMARTER
- Online Banking & Bill Pay
- Automatic Direct Deposit
- Secure Night Depository
- Coin and Currency Exchange at no charge when you call ahead.
- Visa Check Card
- Merchant Credit Card Deposits
- Domestic and Overseas Wire Transfers
- Safe Deposit Boxes
- 24-hour Teller-Phone Banking
- Electronic Transfers via Automated Clearing House
- Certificates of Deposit
- Individual Retirement Accounts (IRAs)
- Simplified Employee Pension Plans (SEPS)
*Subject to additional terms and conditions and/or fees.
**IRAs and SEPs may be subject to additional IRS requirements. Safe deposit boxes are not FDIC insured. Ancillary services are subject to additional terms and conditions and/or fees.
