Checking Account Options
Get a quick glance at the differences between accounts or view our Comparison Chart.
Learn about our business checking options below. If you don't see what you're looking for on this list, or if you have additional questions, just give us a call at 540-591-5000 or stop by one of our convenient locations. One of our dedicated employees will be happy to assist you over the phone or in person.
Features
All of our commercial accounts include the following:
✔ FREE Online Banking
✔ FREE Bill Payment Services 4
✔ FREE eStatements
✔ FREE Images of Cancelled Checks
✔ FREE 24-Hour Telephone Banking
✔ FREE Visa® Business Credit Card (no annual fee) 4
✔ FREE Unlimited Currency and Rolled Coin Deposit Processing.
✔ FREE MoneyPass® ATM Surcharge Free Network 5
✔ Account Details
Basic Business Banking
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This account is best suited for businesses with low checking account activity. You can submit up to 250 customer-initiated transactions 2,3 per statement cycle that will be processed at no charge. If more than 250 customer-initiated transactions 2,3 are processed per statement cycle, excess item fees of 35¢ per item will be imposed. There are no minimum balance requirements. In addition, there is no fee of up to $10,000 in coin and currency processed.
✔ FREE trial order of 50 wallet checks.
✔ If more than 250 transactions are processed per statement cycle, excess item fees of $0.35 per item will be imposed.
✔ Free Electronic NSF Check Recovery Service.
✔ Merchant Bank Card Services are available.
✔ Merchant Capture Services are available.
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Advantage Business Banking
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This affordable checking account is best suited for businesses with higher levels of checking account activity. Avoid paying monthly service charges by maintaining an average balance of just $2,500. You can submit up to 500 customer-initiated transactions 2, 3 per statement cycle that will be processed at no charge. If more than 500 customer initiated transactions 2, 3 are processed per statement cycle, excess item fees of 35¢ per item will be imposed. In addition, there is no fee for up to $25,000 in coin & currency processed.
✔ Up to $75 off first order of checks.
✔ If you maintain the $2,500 minimum balance requirement, there are no monthly maintenance fees. If your balance falls below this level, a $15 monthly maintenance fee is imposed.
✔ If more than 500 customer initiated transactions 2,3 are processed per statement cycle, excess item fees of 35¢ per item will be imposed.
✔ Free Electronic NSF Check Recovery Service.
✔ Merchant BankCard Services are available.
✔ Merchant Capture Services are available
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Community Banking
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Bank of Botetourt is taking care of the organizations that serve our community with this FREE account. Community Banking is designed to meet the needs of local schools, municipalities, clubs and non-profit organizations with limited or seasonal checking account activity. There is no average balance requirement or per item fee.
✔ Up to $75 off first order of checks.
✔ Unlimited monthly transactions.
✔ No excess item fees.
✔ Electronic NSF Check Recovery Service available upon request.
✔ Merchant Bank Card Services are available.
✔ Merchant Capture Services are available.
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Business Interest Banking
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This account is available to any business with the desire to earn interest on checking funds. Avoid paying monthly service charges by maintaining an average balance of just $5,000. You can submit up to 250 customer initiated transactions 2,3 per statement cycle that will be processed at no charge. If more than 250 customer initiated transactions 2, 3 are processed per statement cycle, excess item fees of 35¢ per item will be imposed.
✔ Up to $75 off first order of checks.
✔ If you maintain the $5,000 minimum balance requirement, there are no monthly maintenance fees. If your balance falls below this level, a $15.00 monthly maintenance fee is imposed.
✔ If more than 250 customer initiated transactions 1,2,3 are processed per statement cycle, excess item fees of 35¢ per item will be imposed.
✔ Earn a competitive interest rate on balances of $5,000 or greater.
✔ Free Electronic NSF Check Recovery Service.
✔ Merchant Bank Card Services are available.
✔ Merchant Capture Services are available.
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Business Analyzed Banking
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This account is ideal for businesses that need multiple accounts or have high levels of activity which may include any combination of check or deposit activity, high currency needs, wire activity, or use multiple cash management services. Accounts can be linked together to maximize earnings credit on relationship balances which may reduce or eliminate account costs.
✔ Monthly Pricing Based on Account Activity & Analysis Pricing
✔ Earnings Credit can Offset All or Some Portion of Service Charges
✔ Analysis Pricing on Transactional Charges
✔ No Limits on Transactions
✔ Up to $25,000 Coin & Currency Processed for No Charge. Currency Above $25,000 Charged Through Analysis pricing.
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