Home Town Business Checking

BUSINESS CHECKING ACCOUNTS

  • Home Town Business Checking
    • Unlimited Monthly Transactions
    • $5 Monthly Service Charge
    • No Minimum Balance Requirement
    • Free ATM/Debit Cards
    • Free Online Banking
    • Low Minimum Opening Deposit
    • Free Automatic Transfers Between Accounts
  • Cash Management Account
    Combines business checking with an investment account paying market-rate interest. Funds are automatically transferred from your investment account to your business checking account as needed. Interest is earned until funds are used for operating expenses.
  • Business Overdraft Line of Credit
    • Easy access
    • Lines from $1,000 to $10,000
    • No annual fees
    • Fixed annual percentage rate of 14.9%
    • Unsecured

COMMERCIAL LOANS

  • Commercial Loan Alternatives
  • Commercial Mortgages

EMPLOYEE BENEFIT SERVICES

  • Simplified Employment Pension (SEP)
  • Savings Incentive Match Plans for Employees (SIMPLE)
  • Employee Benefit Services

MERCHANT SERVICES

Address the unique needs of your commercial customers through a diverse portfolio of products and services, including credit and debit processing, gift and prepaid card products, data security solutions, electronic check services, mobile payment acceptance and mobile point-of-sales solutions.  Discuss your needs with your local branch for more information.

Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006:

The UIGEA, signed into law in 2006, prohibits any person engaged in the business of betting or wagering (as defined in the Act) from knowingly accepting payments in connection with the participation of another person in unlawful internet gambling. The Department of Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this Act.

As defined in Regulation GG, unlawful Internet gambling means to "place, receive, or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received, or otherwise made".

As a commercial customer of Trustco Bank, these restricted transactions are prohibited from being processed through your account or banking relationship with us.