Business Checking
Tulsa National Bank offers a variety of business checking accounts and related services to suit all of your banking transaction needs. Whether you need the most basic of checking account services or require more advanced features, we have the solution to meet the unique needs of your business.
Commercial Checking
Provides an easy and accurate way to track your account activity. Designed for businesses that require a wide range of banking services and have a moderate number of transactions. Working in conjunction with our Lockbox Service and a Zero Balance Account, it ensures that our customers maximize the return on their working assets. A competitive earnings credit rate is applied to collected balances and is used to offset applicable service charges.
| Monthly maintenance fee | $5.00 | |
| Activity fees: | per debit | $.20 |
| per credit | $.10 | |
| per deposit item | $.08 | |
| Free check images returned in monthly statement | ||
Free Small Business Checking
Ideal for small businesses, offering up to 100 free items per month. Easy-to-balance monthly statement listing account activity. Free Online Banking. Business ATM/Check/Debit card also available with account. No minimum balance requirement.
- 100 free items; $.25 per item over 100
Items include checks, debits, deposits and deposit items - Free Small Business online banking
24/7 access to your account with eCom - Free ATM or Check Card transactions
One-time $25 fee for ATM or Check Card set up
Super NOW Account
Interest bearing checking is restricted to sole-proprietors and non-profit organizations and provides free check images with your monthly statement. Business ATM/Check/Debit card available with account.
- Monthly interest payment based on the average available balance for the statement cycle.
- The same maintenance and activity fees for Commercial Checking apply to this account.
IOLTA – Interest On Lawyer Trust Accounts
An interest-bearing account with unlimited transactions and no monthly service charge. Available to Oklahoma attorneys, this account meets the standards established by the Oklahoma Supreme Court. Interest is paid quarterly to the Oklahoma Bar Foundation and bookkeeping is maintained by the bank.
Lockbox Service
TNB's Lockbox Service accelerates the collection of accounts receivable, improves cash control, and maximizes funds availability. It also provides your business with enhanced audit control and administrative savings.
Each of our Lockbox Service customers is assigned a U.S. Post Office box number to take in Accounts Receivable payments. Checks are processed by Lockbox Specialists and a remittance advice, as well as other contents, may be sent to the customer daily, per customer request or agreement.
Lockbox Fees can be offset by an earnings credit if your account is on analysis.
Zero Balance Account
This account is tied to a master commercial checking account and can help your business run more efficiently. When items are presented for payment, an automatic transfer from the master account will be made in the exact amount to cover the items presented for payment, maintaining a "zero" balance in the account. This convenience will prevent carrying excess funds in a secondary account and will allow these funds to be used for other purposes. This account generally works well as a payroll account.
| Monthly maintenance fee | $30.00 | |
| Activity fees: | per debit | $.20 |
| per credit | $.10 | |
| per deposit item | $.08 | |
| Free check images returned in monthly statement | ||
Remote Deposit Capture
Remote Deposit Capture allows you as a Tulsa National Bank Commercial customer to process your own check deposits from wherever you do business. Using a small scanner linked to your desktop computer, you can capture business and consumer checks, money orders and cashier's checks and send the images electronically to the bank. This state-of-the-art technology is simple, convenient and a great way to save both time and money and avoid rush-hour trips to the bank.
Balance & Rate Information
- Earnings credit for commercial checking will be applied to offset fees, set at the prevailing Super NOW rate.
- Earnings credit will not exceed the service charge amount.
- Service charge calculations and earnings credit rate are based on the average investable balance for the month
- The investable balance is the average available balance less 10% reserves.
- Interest rates and annual percentage yields (APY) may change at any time, at the bank's discretion.
- Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
- Interest is credited monthly at the end of each statement cycle.
- Interest paid monthly on average available balance.
- Fees may reduce the earnings on the account.
Fees & Charges Applicable to All Checking Accounts
| NSF Item (paid or returned) | $25.00 |
| Returned Deposit Item Charge | $3.00 |
| Stop Payment Request | $20.00 |
| Dormant Account Fee | $10.00 |
| Check printing fees may vary depending upon the style of checks ordered. |
