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Corporate Checking Account

Impact Bank offers a Commercial Checking Account for our business customers. A $50.00 deposit opens the account, and service charges are as follows:

  • $1.00 monthly maintenance fee
  • $0.06 for each debit item listed on statement
  • $0.02 per clearing item: checks deposited to the account that are processed by Impact Bank and drawn on either Impact Bank or one of three local banks
  • $0.06 per check deposited to the account from out-of-town banks
  • $0.10 credit to the customer for each $100.00 of the average collected balance for the statement cycle
  • Free deposit booklets as required