New Frontier Bank offers a variety of options to help your business grow, reduce costs, and operate more efficiently. We offer solutions, not just products.
Savings, Money Market, CDs
Business Savings
- $500.00 minimum opening deposit
- If average daily ledger balance falls below $750.00 for the month, the fee will be $5.00
- Variable interest paid on principal balance, interest calculated daily, compounded and credited monthly
- No charge for first 50 deposited items (51 or more - $.25 each)
- Limit of six (6) preauthorized transfers each month. Withdrawals or transfers to another account owned by you in our bank made by mail, messenger, ATM, or in person are not subject to these limitations (Debits in excess of six per month—$10.00 each)
- Semi-annual statements
- 24-hour access to account information by phone or via the Internet
Business Money Market
- $500.00 minimum opening deposit
- If average daily ledger balance falls below $5,000.00 for the month, the fee will be $10.00
- Variable interest paid on principal balance, interest calculated daily, compounded and credited monthly
- Free check imaging on monthly statement
- 24-hour access to account information by phone or via the Internet
- Limit of six (6) preauthorized transfers from your account each statement cycle,including payments by check to third parties. Withdrawals or transfers to another account owned by you in our Bank, made by mail, messenger, ATM or in person are not subject to these limitations
Fees Include:
| Excessive Withdrawals: |
$10.00 each |
| Deposited Items: |
| 20 or Less |
no charge |
| 21-50 |
$0.12 each |
| 51 or more |
$0.25 each |
| Deposits/Credits: |
no charge |
Business Plus Package
- This product is a package of a Business Plus Checking and Business Plus Money Market Account
- $200.00 minimum opening deposit ($100.00 per account)
- If combined average daily balance falls below $15,000.00 for the month, a service charge of $15.00 will be assessed against the Business Plus Checking Account
- Check imaging on monthly combined statement at no additional cost
- 24-hour access to account information by phone or via the Internet
- 50% off M.Y.O.B. Cash Management Product
- Free night drop bag
- Free employee benefit analysis by Certified Financial Planner
- Free checking for employees with our Work Plus account
- Free e-statements
- ScoreCard Debit Card Rewards
Our alternative service methods make a difference in building our circle of dedicated clients:
- 5:00 business day cut-off
- Empowered Financial Service Specialists
- In-house check printing
- Personal, prompt service
- Account opened in a private office
- ACH (Automated Clearing House) Origination—credits, debits & payroll
- Service charges based on average balance compared to daily balance used at other financial institutions
- Free check imaging
- Night drop services
- Internet banking and cash management (M.Y.O.B.)
- 24-hour free tele-bank services