Checking

Our cash management team can help you determine the right package
of accounts and services to make the most of your financial resources.
Be sure to take advantage of our free cash management analysis for your business.

American Business Package
     An economical packaged business checking account designed for customers
     with a low number of transactions.
American Business Checking
     Unlimited checking where balances earn credits which are applied to charges to
     reduce monthly fees.
American Business NOW
     An interest-earning account with unlimited check writing for a sole proprietorship
     or not-for-profit organization.

American Business Investment Account
     This innovative and unique account allows you to combine your regular business
     checking account with an interest earning sweep account to maximize your
     earnings on your balances. Call us for custom pricing and details.

Please contact Cash Management for more information and a quote on pricing for your package at 361-992-9900 or send us an e-mail. The Cash Management team is located at American Bank Shoreline, 100 One Shoreline Plaza South, Corpus Christi.

Account Details

BUSINESS CHECKING PLANS	American Business Package	American Business Checking	American Business NOW
Account Profile	A packaged business checking account designed to control costs for accounts with less than 200 items per month. Services for no additional cost include: Notary Service, Cashier’s Checks, and Account Inquiries.	Unlimited checking for all types of business accounts.	An interest earning account with unlimited check writing for a sole proprietorship or not-for-profit organization.
Special Features	Open a second account for payroll, vendor payments, or other needs for a flat monthly maintenance fee with up to 50 items processed free each cycle. Plus you can apply for a Line of Credit to help your business stretch its working capital.	Earnings credit helps minimize service charges and fees. Visa/MasterCard merchant set-up available.	Federal regulations prevent for-profit corporations and partnerships from being eligible for NOW accounts.
To Waive Monthly Maintenance Fee	Maintain a daily account balance of $3000 or more in primary Business Package account. The second account’s flat monthly maintenance fee cannot be waived.	Monthly maintenance fees are offset by earnings credit, based on 91-day Treasury Bill rate, which is applied to the average investable balance.	Maintain a daily account balance of $1500 or more.
Monthly Maintenance Fee	$20.00 per month if minimum daily account balance requirement is not met. Second account - $5.00 (see box above)	$12.00 per month regardless of balance, plus analysis fees	$12.00 per month if minimum daily account balance requirement is not met, plus analysis fees.
Transaction Charges	Items in excess of 200 are charged at $.25 per item for primary account. Items include items paid, items deposited, POS debits and ACH debits. On secondary account, items after 50 are $.50 each, Incoming cash: $.50 per $1000.00	Analysis Fees: ACH Debit $.12 ATM Transfer - Other Bank $1.00 Change Order: Rolled coin $.10 per roll Currency service $.01 per bill Checks Paid $.12 Collection Item: Incoming or outgoing $15.00 Overnight postage fee Carrier's current rate Customer Service Balance Inquiry $3.00 Customer Service Phone Transfer $3.00 Deposit Correction $5.00 (waived if correction is $1.00 or less) Deposit Item: Local $.07 Non-local $.08 Deposit Slip Credit $.30 Deposited Return Item $5.00 Earnings Credit Based on the 91-day T-Bill* FDIC Assessment $.0001 per $100.00 Incoming Cash $.50 per $1,000.00 Negative Earnings Credit Base rate plus 3%* Point of sale Debit $.12 Reserve Requirement 10% Wire Transfer: Incoming $5.00 Outgoing, domestic $15.00 Outgoing, foreign $50.00 plus research fee if needed * The earnings credit is based on the 91-day Treasury Bill rate, which is applied to the average investable balance of the account. Special handling fees apply to bulk coins.
Interest	Not applicable	Not applicable	Interest is variable and paid monthly on collected balances.
Minimum Opening Deposit	$200	$500	$500

To request a cash management audit for your business or for more complete information on accounts and pricing please call Cash Management at 361-992-9900 or send us an e-mail.