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The transaction account needs of our business customers constantly grow and change. American Security Bank keeps pace with the changing needs of your business. Whether yours is a new business, or a large company, requiring sophisticated deposit services, you'll find the right account for every stage of your growth.
 
Designed specifically for the new or small business with limited transaction needs. Up to 50 debits and 15 deposits are permitted in each statement cycle with no minimum balance requirements. You pay one monthly fee, regardless of your balance. As your business needs expand, you can upgrade your account to accommodate growing transaction needs.
 
This account is ideal for growing companies with expanding transaction needs. Up to 100 debits and 22 deposits are permitted in each statement cycle. As your business continues to grow, our Analyzed Checking will help you meet your need for additional transactions and more services.
 
For the more sophisticated business with comprehensive transactions and cash management services. This account provides the flexibility you require and leverages the funds your business has on deposit. Balances in your combined accounts earn credit, at current market rates, which is used to offset monthly fees.
 
Sole proprietors, personal trust customers, public municipalities and certain non-profit organizations will choose this account when their transaction volume is moderate and they wish to leverage funds by earning interest on checking account balances.
 
The right choice for the business that has surplus funds in operating accounts. Consider this account when your business can benefit by earning interest on funds on deposit while maintaining liquidity and easy access to funds. Transactions on this account are strictly limited.*
 
For businesses who wish to invest over a longer term, we offer a wide range of Time Certificate products. Find one that is right for your financial plan. Interest rates on time investments vary with the amount and term of your deposit.
 
For fees and balance requirements, please contact your local branch.
*Please refer to the Truth & Savings Disclosure for additional information regarding tiered rates and limited transaction requirements
 

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category. For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html
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