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Basic Business Checking
Designed for start-ups and companies with volumes less than 250 transactions per month
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Minimum daily balance of $2,500 required to avoid monthly service charge |
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FREE access to Foundation Bank Online Banking with Bill Payment |
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Foundation Bank Online Banking Business Cash Management module including ACH and Wire transactions available at an additional cost |
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No fee Foundation Bank Visa/Debit Card with no fee use at Foundation Bank or non-Foundation Bank ATM’s |
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CD-ROM Statement option available |
Business Interest Checking
Designed for Sole-Proprietors, Non-Profits, and Government Entities
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Minimum daily balance of $2,500 required to avoid monthly service charge |
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FREE access to Foundation Bank Online Banking with Bill Payment |
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Foundation Bank Online Banking Business Cash Management module including ACH and Wire transactions available at an additional cost |
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No fee Foundation Bank Visa/Debit Card with no fee use at Foundation Bank or non-Foundation Bank ATM’s |
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Competitive tiered interest rate with interest compounded daily on collected balance, paid monthly |
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CD-ROM Statement option available |
Analyzed Business Checking
Designed for companies with transaction volumes greater than 250 per month and/or maintaining higher balances
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Earnings allowance on collected deposit balances used to offset fees |
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Combine all Analyzed Business Checking Accounts into one complete statement to maximize your earnings allowance and give you an accurate picture of your banking activity |
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FREE access to Foundation Bank Online Banking with Bill Payment |
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Foundation Bank Online Banking Business Cash Management module including ACH and Wire transactions available at an additional cost |
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No fee Foundation Bank Visa/Debit Card with no fee use at Foundation Bank or non-Foundation Bank ATM’s |
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CD-ROM Statement option available |
Business Savings
Designed for new or established businesses that have extra balances available to earn interest income
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Minimum daily balance of $250 required to avoid quarterly service charge |
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FREE access to Foundation Bank Online Banking with Bill Payment |
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Foundation Bank Online Banking Business Cash Management module including ACH and Wire transactions available at an additional cost |
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Competitive tiered interest rate with interest compounded daily on collected balance, paid quarterly |
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Per Regulation D, any combination of transfers and withdrawals (to include those made by check, draft, debit card, electronic medium, or similar order) are limited to no more than six per calendar month or statement cycle |
Business Money Market
Designed for businesses that have extra balances available to earn interest income
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Minimum daily balance of $2,500 required to avoid monthly service charge |
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FREE access to Foundation Bank Online Banking with Bill Payment |
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Foundation Bank Online Banking Business Cash Management module including ACH and Wire transactions available at an additional cost |
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Competitive tiered interest rate with interest compounded daily on collected balance, paid monthly |
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Per Regulation D, any combination of transfers and withdrawals (to include those made by check, draft, debit card, electronic medium, or similar order) are limited to no more than six per calendar month or statement cycle |
Advantage Plus Market Rate Account
Designed for businesses that maintain higher balances in addition to their operating accounts
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Minimum daily balance of $20,000 required to avoid monthly service charge |
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FREE access to Foundation Bank Online Banking with Bill Payment |
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Foundation Bank Online Banking Business Cash Management module including ACH and Wire transactions available at an additional cost |
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Preferred tiered interest rate with interest compounded daily on collected balance, paid monthly |
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Per Regulation D, any combination of transfers and withdrawals (to include those made by check, draft, debit card, electronic medium, or similar order) are limited to no more than six per calendar month or statement cycle |
Certificates of Deposit
Designed to offer you a safe and secure way to earn a higher rate of interest for a predetermined period of time
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Guaranteed interest rate for a specified term |
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CD terms range from 3 months to five years |
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Competitive tiered interest rate, compounded daily, credited monthly, quarterly, annually, or at maturity |
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Interest can be reinvested in the balance of your current CD or transferred to another Foundation Bank account |
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Automatically renew at maturity if bank is not notified, interest rate subject to change at maturity |
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Early withdrawal penalties may apply |
IOLTA Account
Interest-bearing account used by attorneys for which funds may be pooled for several clients or held separately for a single client. For pooled accounts, interest is paid to the Legal Foundation of Washington.
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