Business: Checking Comparison Chart

Checking Account Options | Interest Rates | Checking Benefits | Switch Kit Forms

Checking Account Options and Requirements
	Business Checking*	Business NOW Account*	Business Money-Market Deposit Account*	Business Tiered Money Market*
Description	A checking account for your business that provides flexible pricing.	For sole proprietors or qualified non-profit that would like to earn interest.	Standard[1] money market account with limited check writing. Higher interest rates with higher balances[4]	Tiered[2] money market account with limited check writing. Higher interest rates with higher balances[4]
Balance to Avoid Monthly Service Charge	N/A	$500 average daily balance	$2,500 average daily balance[1]	$10,000 average daily balance[2]
Monthly Service Charge	$1.50 monthly statement charge .10 per item paid, .05 per item deposited	$3, plus .15 per item paid No interest paid	$3 per month[1] if average daily balance is not maintained	$10 per month [2] if average daily balance is not maintained
Special Features	Your account will receive an earnings credit used towards defraying the monthly service charges[4]	By maintaining an average daily balance, your account will receive a competitive rate of interest[4]	Market based interest rates[4] Six transfers per statement cycle	Market based interest rates[4] Six transfers per statement cycle
Minimum Opening Deposit	$100	$500	$2,500[1]	$10,000[2]
Monthly Online Bill Pay Fee	$9.95[3]	$9.95[3]	N/A	N/A
1. Standard money market account. 2. Tiered Money Market Account. 3. Plus a $3.00 one time set-up charge. 4. For current rate information, call us at (518)370-7200 or visit our website at www.firstscotia.com * Service charges on High Activity Business Accounts maybe subject to review and analysis ** Unless you maintain the average daily balance

Checking Account Options | Interest Rates | Checking Benefits | Switch Kit Forms