Business Banking Services
GENERAL SERVICES
Bank of Commerce offers a variety of checking accounts and savings plans to suit your business needs. Please take time to discuss which options are best for you with a Bank of Commerce representative.
Bank of Commerce is here to serve you, and we will do this in a prompt, efficient, and friendly manner.
At Bank of Commerce, we know how important your time is, and we offer many convenient ways to access your accounts. As a customer of Bank of Commerce we will offer you free online banking, bill pay, Bank of Commerce Business Debit card, deposit courier service, and also 24 hour access to your accounts via the Bank of Commerce 24 hour phone service. Best of all we do not have a deposit cut-off time. What this means to you as an account holder is no more rushing to the bank to get your deposit in by 2:00 p.m. You may receive same day credit until 5:00 P.M. everyday. Now that’s convenience!
In addition to the wide range of deposit services, we offer many financing programs for our business clients. If you’re a business owner, see us about our full line of business loans.
At Bank of Commerce we appreciate and value your business. Here, you’ll receive the kind of service you merit from your bank.
Again, welcome to Bank of Commerce and thank you for allowing us to serve your business banking needs.
COMMERCE REMOTE CAPTURE
As a Bank of Commerce customer you can now enjoy the convenience of making deposits
without even leaving your office! Commerce Remote Capture is an easy-to-use system
that utilizes on-site check processing and internet access to deposit checks directly
into your bank account.
With Commerce Remote Capture:
- Eliminate time consuming trips to the bank.
- Make deposits as often as needed.
- Simplify your record-keeping with image retrieval capabilities up to 2 years.
- Review checks before you deposit and reduce error.
- Extend your deposit deadline- make deposits anytime of the day 7 days a week and
receive same day credit for all deposits made by 5:00 pm Monday.
- Accelerate your cash flow.
How it Works:
In combination with a secure website, Commerce Remote Capture scans each check to
be deposited then you verify that it is correct. An electronic deposit slip is created
and transmitted to us. Included in this deposit slip is an image of each check.
Once all items are scanned and transmitted, your deposit is complete. The system
also has the ability to capture transaction specific information such as invoice
numbers or customer ID numbers which can be downloaded to your financial system.
Commerce Remote
Capture - Click Here
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BUSINESS SAVINGS & INVESTMENTS
At Bank of Commerce we want to make sure your money is always working FOR YOU!
And you want to be certain that you’re making the right decisions.
Our savings and investment opportunities are designed to maximize your business dollars each and every day.
Bank of Commerce offers the following types of Business Savings:
COMMERCE BUSINESS MONEY MARKET
- $1,000 minimum deposit to open
- Balance to maintain to avoid service charge is $1,000, otherwise $10.00 fee per month
- 6 transfers per month with no more than 3 checks or drafts, otherwise $10.00 fee
- Interest earned on collected balance
COMMERCE SWEEP ACCOUNT
- Target balance funds are kept in a non-interest bearing Commercial checking account
- Minimum target balance is $15,000.00
- Monthly Sweep account service charge $50.00
- Funds over established target balance are swept daily
- Free Internet Banking
When it comes to achieving your business financial goals, Bank of Commerce will be here to help. See a Bank of Commerce representative, to find out how Bank of Commerce can help you now to develop a program that’s right for your business.
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BUSINESS CHECKING SERVICES
At Bank of Commerce we work with you, and your business to help you select the account best suited for your business financial situation. Bank of Commerce accounts are designed for total ease and convenience.
See a Bank of Commerce representative, and let us introduce you to our services. We’re confident you’ll find just what you’re looking for!
NON-PROFIT CHECKING
- $100 minimum deposit to open
- Balance to maintain to avoid service charge is $500, otherwise $10.00 monthly fee
- $0.35 per item after 100 items
- Free Internet Banking and Bill Pay
- Free 24 hour account phone service at 704-971-1237
BUSINESS INTEREST CHECKING
- $100 minimum deposit to open
- Balance to maintain to avoid service charge is $1000.00 minimum, or $2,500.00 average balance, otherwise $15.00 per month
- $0.35 per item after 100 items
- Free Internet Banking and Bill Pay
- Free 24 hour account phone service at 704-971-1237
- Overdraft Protection (upon approval)
- Bank of Commerce business debit card
- Interest earned on collected balance
COMMERCE BUSINESS CHECKING
- $100 minimum deposit to open
- Balance to maintain to avoid service charge is $1500.00minimum, or $3,000.00 average balance, otherwise $10.00 per month
- $0.35 per item after 150 items
- Free Internet Banking and Bill Pay
- Free 24 hour account phone service at 704-971-1237
- Bank of Commerce business debit card
- Overdraft Protection (upon approval)
COMMERCE BUSINESS ADVANTAGE CHECKING
- $100 minimum deposit to open
- Balance to maintain to avoid service charge is $3,000.00 minimum, or $6,000.00 average balance, otherwise $15.00 per month
- $0.35 per item after 300 items
- Free Night Depository drops
- 1 wire transfer per month at no charge
- 1 stop payment per month at no charge
- Free Internet Banking and Bill Pay
- Free 24 hour account phone service at 704-971-1237
- Bank of Commerce business debit card
- Overdraft protection (upon approval)
COMMERCE VALUE BUSINESS CHECKING
- E-Vue statements only
- $100.00 minimum opening deposit
- No Minimum balance required after account opening
- No Monthly Maintenance fee
- Free Internet Banking
- Free Online Bill Pay
- ACH & Wire Services offered via Cash Management*
- Business Debit Card
- Unlimited Check and Deposit Transactions
- Commerce Remote Capture*
- Merchant Processing Services*
- Business Overdraft Protection*
- Corporate Credit Card*
*Subject to approval - fee assessment may apply
IOLTA
- $100 minimum deposit to open
- Free Internet Banking
- Free 24 hour account phone service at 704-971-1237
- Interest earned on collected balance
- Must agree to be a participate of IOLTA based in Raleigh
COMMERCIAL CHECKING
- $100 minimum deposit to open
- Balance needed to offset monthly service charges are based on earnings credit, Otherwise $15.00 per month
- Activity charges based on account analysis fee schedule
- Free Internet Banking and Bill Pay
- Free 24 hour account phone service at 704-971-1237
- Bank of Commerce business debit card
- Overdraft protection (upon approval)
For full disclosure or additional information on all Bank of Commerce accounts, see a representative of Bank of Commerce.
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COMMERCIAL LOANS
Bank of Commerce takes pride in our Commercial Lending staff and the service they provide. They can find solutions to your business needs, ranging from short term working capital loans to equipment financing, and you are assured of receiving prompt, courteous, and professional service.
We provide the following types of commercial loans:
Commerce Business Reserve
Equipment Loans
Commercial Lines of Credit
Real Estate
Construction Loans/Permanent Real Estate Financing
These are examples of the commercial loan products that Bank of Commerce can offer. Please stop by or give one of our Bank of Commerce commercial lenders a call. You’ll find us very helpful.
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