Checking

Business

Checking Accounts

One of the greatest rewards we receive at The Cecilian Bank is watching our customers grow into successful business enterprises. We know that we play an important role in your success, that is why we are pleased to provide a variety of checking accounts for you, our business customer. View the Checklist of items you'll need to open a new account.

FREE Business Checking

This account is perfect for business owners who want all the conveniences of a checking account without any hassle of tracking the amount of checks and deposits to avoid fees.

  • $100 minimum to open account
  • Monthly Statements without check images1
  • FREE Account meaning no minimum balance, no monthly fee and no activity charges
  • $1,000 of Hometown Business Coverage2
  • FREE Online Banking and Online Statements

1Check images are available free through Online Banking. 2 Overdraft fees may apply.


Business Partner Checking

Take your business up a notch with our Business Partner Checking account.

  • $100 minimum to open account
  • Monthly Statements with check images
  • Minimum Monthly Average Balance of $1,0001
  • $1,000 of Hometown Business Coverage2
  • FREE Notary Services
  • FREE Online Banking and Online Statements
  • Online Cash Management available for $15 per month3
  • 1st year free rental on a safe deposit box. Contents of safe deposit box is not FDIC insured.

1Should your monthly average balance drop below $1,000, a $10.00 monthly fee will be charged. 2 Overdraft fees may apply. 3Waived on monthly average balances over $10,000.


Business Partner Investment Checking

Ideal for Unincorporated Sole Proprietorships and Spousal Partnerships; some restrictions may apply.

  • $100 minimum to open account
  • Monthly Statements with check images
  • Minimum Monthly Average Balance of $1,0001
  • $1,000 of Hometown Business Coverage2
  • FREE Notary Services
  • FREE Online Banking and Online Statements
  • Online Cash Management available for $15 per month3
  • 1st year free rental on a safe deposit box. Contents of safe deposit box is not FDIC insured.
  • Collected daily balances of $1,000 or more will earn interest on a tiered rate schedule4

1Should your monthly average balance drop below $1,000, a $10.00 monthly fee will be charged. 2 Overdraft fees may apply. 3Waived on monthly average balances over $10,000. 4Rates subject to change daily.


MAX Checking

The MAX Checking Account is a business checking account1 that maximizes your earnings by automatically sweeping funds available for investment2 overnight with no daily worry or maintenance on your part. Simply select the collected target balance that you would like to maintain in your checking account and the bank will automatically sweep (debit) the excess over the targeted balance and invest those funds into a Daily Repurchase Agreement Fund3. Sweep balances shall be in $1,000 increments in excess of the targeted balance with income automatically reinvested into your checking account.

  • Earns a higher rate of interest than a money market account4
  • Unlimited Transactions
  • When you keep a $10,000 daily minimum balance (including sweep balances), you avoid the monthly fee of $25.00
  • Your earnings potential is maximized everyday, automatically
  • Online Banking with optional Cash Management Services
  • Bank sends daily notice of your invested balance
  • Availability to link multiple accounts to the MAX Account
  • Although not FDIC insured, the MAX Account is collateralized 100% by a US Government or Federal Agency Security.

1This Account is not FDIC insured. 2There is investment risk, including the possible loss of value. 3This account is not a deposit or other obligation of, or guaranteed by, The Cecilian Bank. 4The rate of interest is based on the monthly average of the Fed Funds rate paid by Bankers Bank of Kentucky. 5Variable Rate Account. The annual percentage yield may change after the account is opened. Fees and/or other conditions could reduce earnings. 6Annual Percentage Yield.


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