Business Advantage is a straightforward approach to business banking that helps remove the mystery of account fees and makes reconciliation easier. The fee structure is tiered based on your debit, credit and deposited item volume for the statement cycle.2 Your fee may vary from month to month based on your item volume. Debit items include withdrawals from your account made by check, draft or ACH. Credit and deposit items include deposit tickets and items deposited.
|Tier 1= 0 to 10 items
||$2.50 monthly fee
|Tier 2= 11 to 50 items
||$7.50 monthly fee
|Tier 3= 51 to 150 items
||$15 monthly fee
|Tier 4= 151 to 300 items
||$20 monthly fee
|Tier 5= 301 to 600 items
||$35 monthly fee
|Tier 6= 601 to 1000 items
||$50 monthly fee
United Bank uses today’s latest technology in providing you with an imaged statement. Your imaged statement will include an image of each item. You may also choose our E-Statement option that allows you to view an electronic image of your monthly statement through a secured internet link.
Select from a wide variety of business checks and other necessary supplies. Prices vary by design and type.
You may also use our 24 hour a day automated BankLine by dialing 251-368-7979 or 800-861-8752. Information is available 24 hours a day, seven days a week. You can access the Advantage 24 BankLine by keying in your account number along with your PIN.
Bank online 24 hours a day, 7 days a week at www.UnitedBank.com. Once enrolled in internet banking, you may also take advantage of our dedicated smartphone app where you can check account activity, transfer funds, pay bills or de-posit checks.1 You can find the free app by searching "United Bank Atmore" in the Google Play or Apple App Stores.
United Bank offers a host of Business Solutions that add additional sav-ings, convenience and efficiency for businesses of all sizes. Those include:
- Automated Clearing House (ACH)
- Visa/MasterCard Merchant Services
- MasterCard Debit Card
- Night Deposit Services
- Web Payment Portal
Business Checking is popular among business accounts with average-to-heavy monthly transaction levels. The pricing for this account is based on the analysis method and a monthly service charge is assessed only if the cost of services provided exceeds the earnings allowance for the balance maintained. An initial deposit amount of $100 is required.
Monthly Maintenance Fee - $32.50
All Debit items processed will be charged $ .25 per item.
Deposits - $0.10 each
On-Us Credit Items - $0.07 per item
Transit Credit Items - $0.10 per item
Regulatory Charges Will Apply
An *earnings credit calculation* is done each month on the average collected balance. This calculation gives your account credit for deposits made to your account and can offset your monthly maintenance fee.
The fee for any deposited items that are returned will be included in the Analysis charge.
United Bank uses today's latest technology in providing you with an imaged statement. Your statement will consist of a detailed listing of all transactions, along with an image of each check in numerical order. As an additional service, you may select the size of each image.
Select from a wide variety of business checks and other necessary supplies.
Prices vary by design and type.
Bank online 24 hours a day, 7 days a week. It's convenient, easy to use, and free! Enroll today at www.unitedbank.com.
You may access your United Bank accounts by dialing 368-7979 or 1-800-861-8752. Information is available 24 hours a day, seven days a week. You can access the Advantage 24 BankLine by keying in your account number along with your PIN number and the last 4 digits of your SSN or Tax ID. This service give you the ability to obtain information about your United Bank accounts, transfer funds between your accounts and listen to community announcements.
Automated Clearing House (ACH) origination/receiving, Visa/MasterCard Merchant Services, Visa Payment Card, Electronic Federal Tax Payment System (EFTPS), Night Deposit Services, Retirement plans, Federal Tax Depository, and Night Depository.
*The earnings credit is calculated on the average available collected balance less the 10% reserve requirement. The interest rate used for the earnings credit is the monthly average of the 13-week Treasury Bill rate less 1/4 of 1% for FDIC costs.
1 Fees may apply for some services within Online Banking and Mobile Banking. Text and data rates may also apply.
2 Accounts for national or regional retail stores, public utilities, municipalities, money servicing businesses and accounts with more than 1,000 monthly combined transactions will be placed in the Business Analysis checking. Customers utilizing a cash concentration procedure or a third party cash management service will also be placed in the Business Analysis checking.