Century Online Banking


Business Checking Solutions

We offer a variety of checking accounts to meet your business needs.


Business Checking Account

This account is for large corporations, Money Service Businesses, and other businesses that have cash needs of more than a $10,000 weekly average. The minimum deposit to open an account is $500. The monthly maintenance charge is determined using a commercial analysis system. Analysis charges are calculated based on the account activity. To help offset the analysis charges, an earnings credit is then calculated based on the average collected balance of the account. A maintenance charge will be assessed if the analysis charges are greater than the earnings credit. Direct charges will be deducted from the account regardless of the earnings credit.


Regular Business Checking Account

This account is for local businesses that do not have large cash needs. The minimum deposit to open is $250. There is a monthly service charge of $6.50 and a $0.10 debit fee for each debit over 20 if the daily balance falls below $2,500.


Business Now Checking Account

This account is for sole proprietorships, governmental units, and certain non-profit corporations/organizations. Partnerships, LLC’s, and corporations are not eligible.

The minimum deposit to open is $2,500. There is a monthly service charge of $7.50 if the daily balance falls below $2,500. A minimum daily balance of $2,500 must be maintained to earn interest. The service charge is waived for IOLTA accounts and there is not a minimum to open the account.

Current Rates as of 4/12/2017

Account Balance Interest Rate *APY
$.01 to $2,499.99 0.00% 0.00%
$2,500 to $24,999.99 0.05% 0.05%
$25,000 to $49,999.99 0.10% 0.10%
$50,000 to $99,999.99 0.15% 0.15%
$100,000 to $249,999.99 0.20% 0.20%
$250,000 to $499,999.99 0.25% 0.25%
$500,000 to $999,999.99 0.30% 0.30%
$1 million and over 0.35% 0.35%

Each tier described above reflects the average daily balance required to obtain the applicable *Annual Percentage Yield (APY). We use the average daily balance method to calculate the interest on your account. We may change the interest rate on your account at anytime. Fees may reduce earnings.