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Overview Checking and Savings Loans Cash Management Other Services Rates Overview Checking and Savings Loans Equipment Financing Cash Management Sound eCapture Other Services Rates
Business Products: Checking and Savings
Sound Basic Business Checking¹
Maintain A Minimum Daily Balance of $250
  • 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
  • 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
Minimum Opening Deposit $100
Maintain A Minimum Daily Balance of $1000
  • 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. FDIC Insurance Coverage for Transaction Accounts: All funds in a "non-interest bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules. The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAS"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts visit www.fdic.gov or contact the FDIC at 1.877.ASK.FDIC (877.275.3342).
 
 
2. 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.
 
Withdrawal Limit: The Withdrawal Limit fee applies to all checks and preauthorized, ATM, mail, and over-the-counter withdrawals. This is in addition to any excess withdrawal limit fees that may be applied per federal regulations.
 
Additional Money Market Disclosures: See the Current Deposit Rates for disclosures on rates and other balance information. Money Market accounts may also incur miscellaneous service fees.
 
 
 
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925 Fourth Avenue Suite 2350, Seattle, WA 98104
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