Business Services
Free Business Checking
This is a simple account that allows you to concentrate on your business. There is no monthly service charge and no minimum balance, and you’ll receive up to 150 items free (over 150 items are $0.25 each). You’ll also have access to our free online banking and bill payments, image statements, and free electronic statements are available upon request.
Standard Business Checking
This account is for the mid-size business with mid-size activity. There is a minimum daily balance of $2,500.00 with a $10.00 monthly service charge if the balance falls below the minimum. You’ll receive up to 300 items free, with more than 300 items costing $0.15 each. You’ll also receive free online banking and bill payments, free electronic statements and one free interest checking account per business owner, plus image statements.
Interest Business Checking
This is an account for non-profit organizations and sole proprietorships. There is a minimum daily balance of $1,500.00 with a $10.00 monthly service charge if the balance falls below the minimum. You’ll earn interest based on six tiers regardless of the balance. You’ll receive free online banking and bill payments, free electronic statements, unlimited check writing, and a free small safe deposit box ($25.00 discount on all other sizes. You’ll also receive image statements.
Commercial Analysis Checking
Our Commercial Analysis Checking account offers the business customer an opportunity for its daily collected balances to offset its maintenance fee through an earnings credit. It’s designed for larger businesses, and the monthly statement has imaged copies of checks that are sorted by check number. Coin and currency purchase, night depository, and funds transfer services are available. The maintenance fee is $15.00 a month, items paid are $0.20, and credits are $0.35. Items deposited are $0.08, coins per roll are $0.15, and special statements are $5.00. Stop payment is $30.00.
Business Money Market
With this account, balances of $5,000.00 or more earn interest based on five tiers. There is a $10.00 monthly service charge if the balance falls below the $5,000.00 minimum. There is also a $10.00 excessive activity fee when more than six transfers per month occur, with no more than three being by check, draft, or debit card.
Business Savings
Our business savings account only requires a $100.00 minimum balance. There is a $4.00 monthly service charge if the balance falls below the minimum. You’ll earn interest on one tier regardless of your balance. You will also be allowed six transfers per month, with no more than three by draft, debit card, or similar order to third parties. More than six withdrawals per month will incur a $10.00 excessive activity fee.
Cash Management
With our various business accounts, you get easy, sophisticated transactional capabilities and control for any size business. You can transfer money between accounts, issue wire transfers, schedule automatic payments, and issue ACH requests. You can also request reports, set balance account alerts, print statements, view checks and deposit tickets, pay taxes, prepare and send payroll, and pay your bills online. It couldn’t be easier!
Remote Deposit
Now you can make deposits from your desk or office and leave the driving to us. Process non-cash deposits electronically without leaving the office, any time, day or night. A scanner is provided and you’ll get archived copies of checks, deposit tickets, and reports. You’ll also receive immediate deposit credit, and a courier is provided for cash and items unable to be scanned. There is also extended cut off time for same day credit. With remote deposit, there are no more deposit tickets, accelerated clearing, and reduced risk. Certain fees may apply.
Free Online Banking
With Brookhaven Bank’s Online Banking Services, you have a virtual 24 hour representative available at your fingertips everyday from anywhere. You can check your balance, transfer funds between accounts, make loan payments, and view your current transactions. You can also view images of cleared checks, get past information on your account, and export your transaction data to your own Financial Management Software.
Free Bill Pay
With Bill Pay you will never have to worry about missing an important payment. You can set up one-time or recurring payments quickly and easily when you enroll at www.brookhavenbank.com. It’s available 24/7, and it reduces paper output and you’ll save on stamps. It also reduces identity theft with secure logon, and alerts and reminders are available.
On Call Telephone Banking
Our automated telephone banking services are available 24 hours a day, 7 days a week at 404-633-BANK (2265). You can obtain deposit and loan account information and our “FAX back” service allows you to get a copy of your statement. You can also transfer funds between accounts and make loan payments.
Commercial and Business Loans
- Business Real Estate Loans- This is a loan for customers interested in land purchase, acquisition and development, construction, or investor or owner occupied mortgages. It could also be used for investor real estate or owner occupied real estate.
- Business Loans- Customers can use a business loan for new equipment, vehicles, or other assets. A business loan is also good for long-term business investments and permanent working capital.
- Business Line of Credit- This is a good loan for short-term business investments and working capital. Customers could also use this loan for overdraft protection.
- Letters of Credit- A letter of credit is secured and guarantees payment.
