Lending services

 


Small Business Checking
This account is designed for the small business owner. The account offers the basics and it's easy to use. The account is limited to 50 paid checks per month and no more than 50 deposited items during the monthly statement cycle. The monthly service charge is waived when at least a $3,000 monthly average collected balance is maintained in the account.

Business Checking
For businesses with more monthly account activity, the choice is our regular business checking account. No minimum balance is required. You receive an earnings credit, which will offset the monthly account service charges.

Association/Non Profit Checking
This account is designed for entities which are organized as non-profit organizations or similar types of associations. The account is limited to 50 paid checks per month and no more than 50 deposited items during the monthly statement cycle. Interest is earned on collected balances and is paid monthly.

Client Trust Account
This account is for law firms and realtors that are required to establish an account for pooled client funds. The law firm or realtor is required to maintain a separate Crown Bank depository account for its other banking needs. Interest is earned on collected balances and is paid monthly.

Money Market Savings
Our money market savings account is for businesses that have funds for investment purposes. Interest is earned daily on collected balances and is paid monthly. This account has a tiered interest rate structure; accounts with higher balances earn more interest. For interest rates, please contact us or call the Edina office at 952.285.5800 or the Minneapolis office at 612.746.5050.

SPECIAL SERVICES

Automated Clearing House (ACH)
You can reduce expenses associated with paper transactions by taking advantage of processing your company's payroll and vendor payments using electronic transmission processing. We can accept ACH files by Internet, modem, magnetic tape or diskette.

Merchant Card Processing
If your business involves retail sales or services, our merchant card processing program provides settlement services for Visa® and MasterCard® transactions. Set-up is easy and our rates are competitive. Available to customers with approved credit. To find out more about this service, please contact us or call the Edina office at 952.285.5800 or the Minneapolis office at 612.746.5050.

Sweep Arrangement
You can reduce excess checking balances and earn interest on these funds by setting up a sweep arrangement. We can customize the sweep target balance to best suit your particular situation.

Business Online Banking
We offer Business Online Banking for your convenience. Please contact us for additional information or click on the "Online Banking" button. A Crown Bank deposit account is required to use the online service.

 
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