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Bank of Marin offers a wide variety of deposit products designed to meet the banking needs of your business.
A great value for small businesses with lower transaction activity. This account does not earn interest.
Items per Month
100 included, then $.20 per item.
“Items” are any deposited items, ACH credits or debits, or paid checks.
Coin and Currency Deposited/Supplied per Month
Up to $20,000 at no charge.
Coin/currency deposited and/or supplied beyond stated maximum will be charged at $1.20 per $1,000.
$12.00
$500
Maintain any of the following balance combinations:
- $2,500 minimum daily balance.
- $5,000 monthly average balance.
- $10,000 monthly average balance in any combination of deposit accounts.
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2 free incoming wires per statement cycle
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$50 credit on first check order. |
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ATM/Debit Card
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Business Reserve Line of Credit with no annual fee (Subject to credit approval)
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Visa Business Credit Card with no annual fee (Subject tocredit approval)
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Basic Internet Banking with Bill Pay at no charge
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Business Money Market Account |
An interest-earning account available for sole-proprietors and nonprofits with lower balances and limited transaction needs.
Items per Month
100 included, then $.20 per item.
“Items” are any deposited items, ACH credits or debits, or paid checks.
Coin and Currency Deposited/Supplied per Month
Up to $20,000 at no charge.
Coin/currency deposited and/or supplied beyond stated maximum will be charged at $1.20 per $1,000.
Monthly Service Charge
$20.00
Minimum to Open
$500
To Avoid Monthly Service Charge
Maintain any of the following balance combinations:
- $5,000 minimum daily balance.
- $10,000 monthly average balance.
- $20,000 monthly average balance in any combination of deposit accounts.
Available for sole proprietors and nonprofits. Not available for corporations or partnerships. Interest is compounded daily and credited monthly. The interest rate and annual percentage yield may change at any time. Please contact us regarding our Rate information. Fees could reduce earnings on the account. Please check our Fees and Charges information.
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2 free incoming wires per statement cycle
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$50 credit on first check order. |
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ATM/Debit Card
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Business Reserve Line of Credit with no annual fee (Subject to credit approval)
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Visa Business Credit Card with no annual fee (Subject tocredit approval)
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Basic Internet Banking with Bill Pay at no charge
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Business Money Market Account |
Available for medium-sized businesses with more checking account activity.
Items per Month
300 included, then $.20 per item.
“Items” are any deposited items, ACH credits or debits, or paid checks.
Coin and Currency Deposited/Supplied per Month
Up to $40,000 at no charge.
Coin/currency deposited and/or supplied beyond stated maximum will be charged at $1.20 per $1,000.
Monthly Service Charge
$25.00
Minimum to Open
$500
To Avoid Monthly Service Charge
Maintain any of the following balance combinations:
- $5,000 minimum daily balance.
- $10,000 monthly average balance.
- $20,000 monthly average balance in any combination of deposit accounts.
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2 free incoming wires per statement cycle
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$100 credit on first check order. |
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ATM/Debit Card
|
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Business Reserve Line of Credit with no annual fee (Subject to credit approval)
|
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Visa Business Credit Card with no annual fee (Subject tocredit approval)
|
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Basic Internet Banking with Bill Pay at no charge
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Business Money Market Account |
For large businesses with higher balances and significant cash and check activity.
Items per Month
$.10 per item credited/deposited
$.15 per item debited/check paid
No charge per deposit ticket
“Items” are any deposited items, ACH credits or debits, or paid checks.
Coin and Currency Deposited/Supplied per Month
Unlimited. (Charged at $1.20 per $1,000.)
Monthly Service Charge
Earning credit offered and may offset monthly service charge of $15. You pay only for the services you actually use, earning credit for balances carried.
FDIC Insurance: Pass Thru
Negative Collected Balance: Bank of Marin index plus 2%
Minimum to Open
$1,000
Earnings Credit:
90 day T-bill rate from the prior month end on investable balance, minus 200 basis points.
Interest:
Available for sole proprietors and nonprofits. Not available for corporations or partnerships. Interest earned to be deducted from earnings allowance (if any) when calculating analysis fees. If you are interested in earning interest, Please check our Fees and Charges information.
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2 free incoming wires per statement cycle
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$100 credit on first check order. |
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ATM/Debit Card
|
|
Business Reserve Line of Credit with no annual fee (Subject to credit approval)
|
|
Visa Business Credit Card with no annual fee (Subject tocredit approval)
|
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Basic Internet Banking with Bill Pay at no charge
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Business Money Market Account |
With the Certificate of Deposit Account Registry Service, or CDARS, enjoy peace of mind with up to $50 million in FDIC insurance coverage, along with time-saving conveniences and other advantages.
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Full Insurance
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Using CDARS, you can access up to $50 million in FDIC protection on CD investments.1 |
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One Bank |
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You work with us - the bank you know and trust - to secure large deposits (from $10,000 to $50,000,000). |
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One Rate |
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You earn one interest rate on your CD investments through CDARS. With CDARS, there is no need to negotiate multiple rates or manually tally disbursements for each CD. |
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One Statement |
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You receive one regular statement detailing your CD investments. You no longer need to consolidate statements at the end of each month, quarter, or year. |
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No Hidden Fees |
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There are no hidden fees of any kind. We do not charge annual fees, subscription fees or transaction fees for using CDARS; the rate you see is the rate you get. Early withdrawal penalties for CDARS do apply and will be assessed. |
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No Collateralization |
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Because CDARS deposits are eligible for full FDIC protection, you may not need to collateralize your deposits, thus eliminating the time-consuming task of tracking collateral values. |
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A Wide Variety of Maturities |
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You can select from various maturities - ranging from 4 weeks) to 5 years (260 weeks) - and choose the terms that best suit your investment needs. You also can ladder your CDs or combine maturities to effectively create a customized term. |
For more information, please contact your local Bank of Marin office.
1 Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us.
CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC.
Bank of Marin’s Cash Sweep Account is a unique combination of a business checking account with the convenience of automatically investing excess cash in an interest-bearing account. Now you can maximize your earning potential without having to juggle balances between accounts.
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The Bank of Marin Cash Sweep Account is an automatic investment solution*. |
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Each business day, the cash in your checking account in excess of your designated target balance is automatically invested or “swept” into a money market deposit account at Bank of Marin. |
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If your checking account balance falls below the target balance, funds will be automatically swept back from the money market account into the checking account. |
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This automated sweep process allows you access to your cash at any time.
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Designed for all commercial accounts including corporations, small businesses and nonprofits. |
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Easy, seamless cash management and competitive yields allow you to earn or increase returns on idle balances. |
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Sweeps to and from your accounts are automatic, reducing time spent verifying balances and initiating transfers. |
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No setup fees, transaction fees, withdrawal limitations or penalty fees.
Deposits remain locally in the community at Bank of Marin. |
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Receive a combined monthly checking and sweep account statement, for convenient account balancing. |
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Interest paid on the last business day of each month, and posted back into your money market sweep balance. |
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Access your account information and review daily activity with Business Internet Banking. |
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For more information, please contact your local Bank of Marin office. |
An interest-earning savings account with unlimited deposits for your business’ varied needs.
Monthly Service Charge
$3.00
Minimum to Open
$300
To Avoid Monthly Maintenance Fee
Maintain a minimum daily balance of $300.
How to Access Your Funds
You can make unlimited deposits by mail, direct deposit, FAX, telephone transfer, ATM or in person. You can make up to six (6) withdrawals or transfer funds through Internet Banking per statement cycle, no more than three (3) of the six (6) withdrawals or transfers may be made by check. Regulations limit withdrawals not made in person to no more than six (6) per month.
Interest is compounded daily and credited monthly. The interest rate and annual percentage yield may change at any time. Please contact us regarding our Rate information. Fees could reduce earnings on the account. Please check our Fees and Charges information.
Designed for businesses that prefer to earn a higher interest rate while still maintaining a level of liquidity.
Monthly Service Charge
$10.00
Minimum to Open
$1,000
To Avoid Monthly Maintenance Fee
Maintain any of the following balance combinations:
- $2,500 minimum daily balance.
- $5,000 average balance.
- $15,000 average balance in any combination of deposit accounts.
How to Access Your Funds
You can make unlimited deposits by mail, direct deposit, FAX, telephone transfer, ATM or in person. You can make up to six (6) withdrawals or transfer funds through Internet Banking per statement cycle, no more than three (3) of the six (6) withdrawals or transfers may be made by check. Regulations limit withdrawals not made in person to no more than six (6) per month.
Charge for Excess Checks
Regardless of your balance, regulations limit the number of checks paid each statement cycle to three (3). If more than three (3) checks are paid per statement cycle there is a charge of $25 per excess check.
Interest is compounded daily and credited monthly. The interest rate and annual percentage yield may change at any time. Please contact us regarding our Rate information. Fees could reduce earnings on the account. Please check our Fees and Charges information.
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