Sound Basic Business Checking¹ Maintain A Minimum Daily Balance of $250.00: No Monthly Maintenance Fee Low Monthly Service Charges If over 35 Checks Written If over 100 Deposited Items If over 10 Credits Posted   Sound Business Interest Checking (Sole Proprietorship, Non-Profit Organizations and Partnerships) Maintain A Minimum Daily Balance of $250.00: No Monthly Maintenance Fee Low Monthly Service Charges If over 35 Checks Written If over 100 Deposited Items If over 10 Credits Posted   Sound Interest Checking - IRETA All Service Charges Are To Be Applied To The Related Operating/General Account. Interest Earned is Paid Directly To The Washington Housing Authority.   Sound Interest Checking - IOLTA All Service Charges Are To Be Applied To The Related Operating/General Account. Interest Earned is Paid Directly To The Washington Legal Foundation   Sound Business Checking Analyzed Account Earned Credit Is Calculated on Account Excess Balances And Used To Offset Total Monthly Services Incurred. Sound Business Money Market² Maintain A Minimum Daily Balance of $1000.00: No Monthly Maintenance Fee Interest Bearing Account Maximum 6 transfers or withdrawals per month payable to third parties   Sweep Accounts Click here for more information Sweep Accounts combine a business checking account with an investment account. Funds in excess of your "target" checking account balance are automatically invested daily into a money market fund account. Funds are automatically swept back into your checking account as needed to cover debits.   Sound Business Money ANALYZED ACCOUNT* Monthly Maintenance Fee: $10.00 Debits: Checks/Paper $0.15   Electronic $0.10 Credits: Paper $0.25   Electronic $0.15 Deposited Items: On-Us Items $0.05   Local Items $0.07   Non-Local Items $0.08 Cash Deposit Fee: $0.10 per $100 *This is an analyzed account. Pays an Earnings Credit to assist in offsetting monthly maintenance fee and transaction fees specified above and all other services utilized   Business CD Minimum Balance of $5,000 To Open Terms: 30 - 89 Days 90 - 182 Days 182 - 270 Days 271 - 364 Days 12 - 23 Months 24 - 35 Months 36+ Months Minimum Balance of $100,000 To Open Terms: 30 - 180 Days 181 - 365 Days 366+ Days     1. First Sound Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through June 30, 2010, all non-interest bearing accounts are fully guaranteed by the FDIC for the entire amount in the account. IOLTA accounts and certain NOW accounts (earning less than .50%) are also eligible for this coverage.   FDIC insurance for interest bearing accounts increased from $100,000 to $250,000. The temporary increase of this coverage limit has been extended through December 31, 2013.   Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. To learn more, contact the FDIC toll-free at 1-877-ASK-FDIC (877-275-3342) or online at www.fdic.gov.     2. Withdrawal Limit: The Withdrawal Limit fee applies to all checks and preauthorized, ATM, mail, and over-the-counter withdrawals. This is addition to any excess withdrawal limit fees that may be applied on federal regulations as described below.   Federal Regulations Governing Money Market Transaction Limitations: Preauthorized withdrawals (transfers by telephone, wire or PC, overdraft protection, automatic payments, or checks) are limited to a combined total of six per account cycle as prescribed by federal regulations governing savings accounts. Transactions which exceed federal regulations will be charged $10.00 per transaction. If account limitations are continuously exceeded, the savings accounts will be closed or converted to a checking account as required by federal regulations.   Additional Money Market Disclosures: See the Current Deposit Rates for disclosures on rates, compounding and crediting, and other balance information. Money Market accounts are also subjected to the miscellaneous service fees. The average collected balance is calculated by adding the principal in the account for each day of the month and dividing that figure by the number of days in the period.       Home    Contact Us    Privacy Policy    Terms of Use    USA Patriot Act    Identity Theft    Internet Fraud Prevention      TEL 206.515.2004     FAX 206.515.2005 925 Fourth Avenue Suite 2350, Seattle, WA 98104   © 2010 First Sound Bank. All rights reserved.