- A relationship bundle
- Offers up to 4.00% APY on savings balances up to $250,000 when you maintain a $10,000 average monthly balance in your Small Business Relationship Checking account
- $10,000 required to open a Small Business Relationship Checking
- $2,500 required to open a Small Business Relationship Savings
- No monthly fees
- Available to new business deposit clients
- See page below for full details
Business Account Options
Small Business Relationship Checking & Savings
Business Checking
- No minimum balance required
- No monthly charge or service fee
- Welcome kit including checks, deposit slips and an endorsement stamp
- Free unlimited ATM transactions at SUM Network ATMs
- Night deposit service
- Multiple debit cards
- ACH origination Positive Pay detects checks that could be considered fraudulent
Business Money Markets
- $1,000 minimum daily balance to avoid the $6 monthly fee
- $10 to open an account
- Up to six (6) pre-authorized, automatic or telephone transfers allowed from your account during a statement month
- Free unlimited ATM transactions at SUM Network ATMs
- Free bill payment*
- Free first order of checks
- Please check with a Business Banking Officer for rate information
Business Banking Features
ACH Services
Our ACH services give you control of how your funds are allocated. Our services range from providing access to Direct Deposit of Payroll to vendor payments and collection of receivables.
Leader Easy Deposit
Leader Easy Deposit is a free service offered to our commercial clients that allows you to deposit checks with a remote scanner directly from their place of business to the bank.
Real-Time Account Access
Unlike other financial institutions that update information in batches 1-2 times per day, Leader Business checking and savings account balances and transactions are generally current and will reflect transactions made throughout the day as they occur.
Download Account History into Your Financial Management Software
Connect QuickBooks and Quicken to online banking to easily sync your transactional data and save time, available at no cost. Contact your account representative to learn more.
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We're thrilled to have found a banking partner that can offer a range of services to support our startup through our current round of fundraising and beyond. The personalized service experience and access to industry experts has been incredibly valuable as our business continues to scale.
Business Certificates of Deposit
| Type | Term | Initial Balance Required | Interest | Charges |
| Short Term CD | 1 - 11 Months | $1,000 | Simple interest paid at maturity | Penalty for early withdrawal |
| Long Term CD | 1 - 5 Years | $1,000 | Accrues daily; Compounded monthly | Penalty for early withdrawal |
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Interest payments on long-term CDs may be transferred to another account, left to accumulate in the CD or sent to you by check monthly. A penalty will be charged for early withdrawal of principal
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You have the option to borrow against your CD.
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Collateral loans are written on an on-demand basis with payments of interest only due monthly
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Please check with a Business Banking Officer for rate information
*Bill payments will count towards the six (6) monthly allotted transactions.
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