Search
People You Know & Trust 843-839-0100

Find the account that's right for you using this comparison chart. Click on the account name for additional information about each type of account.

Description

Business Analysis Checking

Great for business customers with high levels of account activity.  

Business 500 Checking

A mid-tier checking account for small businesses

Free Small Business Checking

Designed for businesses that do not have a lot of transactions each month.

Interest Checking

Available to all businesses.

Interest on Lawyers' Trust Accounts (IOLTA)

For attorney trust accounts.

Money Market

Earns a competitive rate of interest with limited check writing.

Minimum Opening Deposit

$100

$100

$100

$100

$100

$1,000

Pays Interest

An earnings credit is calculated based on the average collected balance.  This earnings credit may be used to offset fees for the statement cycle.

No

No

Collected balances of $500 or more earn interest.

Compounded daily and credited monthly.

Collected balances of $500 or more earn interest. Interest earned is transferred to the South Carolina Bar Association.

Compounded daily and credited monthly.

Collected balances:  $1,000 - $9,999.99

$10,000 - $24,999.99

$25,000 - $49,999.99

$50,000 and greater

Compounded daily and credited monthly.

Fees

$9 monthly maintenance fee

Per paper debit:
$0.20

Per ACH debit:  $0.10

Per paper credit:
$0.30

Per ACH credit:  $0.20

Per deposited item:  $0.10

Fees not offset by the earnings credit will be charged to the account.

$10 monthly maintenance fee

No charge for account activity of 500 items or less per statement cycle.

$0.25 charge for each debit, credit, and deposited item starting with item 501

$0.25 charge for debits, credits, and deposited items, starting with item 201.

$10 monthly maintenance fee

Per debit item:
$0.20

Per credit item:
$0.30

$15 monthly maintenance fee

Per debit item:
$0.20

Per credit item:
$0.30

$9 monthly maintenance fee 

$10 per withdrawal over limit of 6 per statement cycle

Maintenance fee waived with one of the following qualifiers:

N/A

$1,500 minimum daily balance or $3,000 average ledger balance or Merchant Services Account*

N/A

N/A

N/A

$1,000 minimum daily balance or $2,000 average ledger balance

Unlimited check writing

Yes

Yes

Yes

Yes

Yes

No*

Free QuickCard Debit Card

Yes

Yes

Yes

Yes

No

No

Unlimited No Fee or Surcharge ATM Withdrawals

Yes

Yes

Yes

Yes

No

No*

Ready Reserve Overdraft Protection (Subject to credit approval)

Yes

Yes

Yes

Yes

No

No

Free e-doc electronic statement

 

Yes

Yes

Yes

Yes

Yes

Yes

Internet Banking with Bill Payment Service

Yes

Yes

Yes

Yes

Yes

Yes**

Free Cashier's Checks 2 per month 1 per month No No No No
Coin and Currency FREE FREE FREE FREE FREE FREE
Telephone Banking Yes Yes Yes Yes Yes Yes

Additional Benefit

Free Personal Premier Checking Account

Free Personal Premier Checking Account

 

 

 

 

*Merchant services qualifying transaction is a payment card settlement from a South Atlantic Bank Merchant account deposited to a linked South Atlantic Bank checking account at least once during the monthly statement cycle.

**Federal regulations allow unlimited withdrawals and transfers at teller windows, ATMs, and by mail. Telephone withdrawals (made via check mailed to customer) are also unlimited. All other types of transfers and withdrawals are limited to six per statement cycle, made by check, draft, debit card, or similar order to third parties.

back to top

Business Checking and Money Market Accounts

Find the account that's right for you using this comparison chart. Click on the account name for additional information about each type of account.

 

back to top

Business Analysis Checking

Our business checking account provides the flexibility your business needs. 

Features and Benefits
  • Just a $100 deposit to open
  • Unlimited check writing
  • $9 monthly maintenance fee and per item fees apply
  • Earnings credit calculated based on the average collected balance and may offset fees. Fees not offset by the earnings credit are charged to the account.
  • FREE QuickCard Debit Card
  • Unlimited, FREE ATM Use (Never a fee or surcharge!)
  • Free Online Banking with Bill Payment Service
  • Free Telephone Banking
  • Monthly statement via E-Docs or U.S. Mail
  • Comes with a free Personal Premier Checking Account

back to top

Business 500 Checking

This account is great middle tier account for small businesses with higher activity. 

Features and Benefits
  • Just a $100 deposit to open
  • No monthly maintenance fees unless a daily minimum balance of $1,500 or a $3,000 average ledger balance is not maintained. Then a fee of $10 is charged
  • No service charges unless account activity exceeds 500 items per month. $0.25 per item charge for debits, credits, and deposited items, starting with item 501.
  • Unlimited check writing
  • FREE QuickCard Debit Card
  • Unlimited, FREE ATM Use (Never a fee or surcharge)
  • Free online Banking with Bill Payment Service
  • Free Telephone Banking
  • Monthly statement via E-Docs or U.S. Mail
  • Comes with a free Personal Premier Checking Account

back to top

Business Interest Checking

This account provides all businesses with a competitive rate of interest in a convenient transaction account.

Features and Benefits
  • Just a $100 deposit to open
  • Unlimited check writing
  • Collected balances of $500 or more earn interest
  • Interest is compounded daily and credited monthly
  • $10 monthly maintenance fee and per item fees apply.
  • FREE QuickCard Debit Card
  • Unlimited, FREE ATM Use (Never a fee or surcharge!)
  • Free Online Banking with Bill Payment Service
  • Free Telephone Banking
  • Monthly statement via E-Docs or U.S. Mail

Ready Reserve Overdraft Protection is available on all of the above checking accounts, subject to credit approval. Advance fee applies.

back to top

Free Small Business Checking

This account is perfect for businesses that do not have a lot of account activity each month. 

Features and Benefits
  • Just a $100 deposit to open
  • No monthly maintenance fees
  • No service charges unless account activity exceeds 200 items per month.  $0.25 per item charge for debits, credits, and deposited items, starting with item 201.
  • Unlimited check writing
  • No minimum balance requirements
  • FREE QuickCard Debit Card
  • Unlimited, FREE ATM Use (Never a fee or surcharge)
  • Free Online Banking with Bill Payment Service
  • Free Telephone Banking
  • Monthly statement via E-Docs or U.S. Mail

Interest on Lawyers' Trust Accounts (IOLTA)

The IOLTA is available to lawyers and law firms for trust accounts.  Any interest earned, net of service charges, is paid directly each month to the South Carolina Bar Foundation to be used to provide civil legal services to the poor.

Features and Benefits
  • Unlimited check writing
  • $100 deposit to open
  • Collected balances of $500 or more earn interest
  • Interest is compounded daily and credited monthly
  • Free Online Banking with Bill Payment Service
  • Free Telephone Banking
  • Monthly statement via E-Docs or U.S. Mail

back to top

Money Market Checking

Your business will earn higher rates on higher balances with this premium Money Market Account.

Features and Benefits
  • Open your account with a $1,000 deposit
  • Collected balances of $1,000 or more earn interest
  • Four interest tiers that reward you for saving
  • Interest is compounded daily and credited monthly
  • Limited check access*
  • Free Online Banking with Bill Payment Service
  • Free Telephone Banking
  • Monthly statement via E-Docs or U.S. Mail

*Federal regulations allow unlimited withdrawals and transfers at teller windows, ATMs, and by mail.  Telephone withdrawals (made via check mailed to customer) are also unlimited. All other types of transfers and withdrawals are limited to six per statement cycle, made by check, draft, debit card, or similar order to third parties.

back to top