Optima Bank & Trust

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Commercial Deposit Products

Commercial Checking
  • No Monthly Service Charge
  • No Minimum Balance required
  • Item Fee: $0.50 per debited item for over 150 items. $0.50 per credited item for over 50 items.
  • Cash Management and add-on services available
  • Minimum Deposit to open: $100
Commercial Analysis
  • Premium Earnings Credit to offset fees
  • Item Fee: $0.20 per check paid, ACH debit and ACH credit, $0.50 per deposit made and $0.10 per deposited item
  • Monthly Service Charge: $8
  • Cash Management and add-on services available
  • Minimum Deposit to open: $100
Commercial Interest Checking
  • Variable Rate: Interest compounded daily, credited monthly
  • Commercial Interest Account Eligibility: Nonprofits, sole proprietors and individuals doing business under trade name
  • Monthly Service Charge: $6 if average daily balance falls below $1,000
  • Item Fee: $0.25 per each debited item. (No fee for balance of $1,000 and above)
  • Minimum Deposit to open: $100
Lawyer Trust (IOLTA)
  • Variable Interest Rate: Interest compounded daily, credited monthly
  • No Minimum Balance required
  • Minimum Deposit to open: $100
Money Market
  • Variable Rate: Interest compounded daily, credited monthly
  • Monthly Service Charge: $12 if average daily balance falls below $2,500
  • Transaction Limitations: Six withdrawals per month. (No limitations on transfers made in person, by mail, ATM, or to pay an Optima Bank loan)
  • Minimum Deposit to open: $100
Statement Savings
  • Variable Rate: Interest compounded daily, credited monthly
  • Monthly Service Charge: $4 if average daily balance falls below $250
  • Transaction Limitations: Six withdrawals per month. (No limitations on transfers made in person, by mail, ATM, or to pay an Optima Bank loan)
  • Minimum Deposit to open: $100
Certificate of Deposit
  • Fixed Rate: Interest compounded daily, credited monthly
  • Interest Payment Methods: Add to balance, deposit to checking or savings, ACH transfer or check
  • Penalties for early withdrawal may apply
  • Custom terms available
  • Minimum Deposit to open: $1,000. (Jumbo CD $100,000)

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