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Personal Checking
Pay your bills and manage your monthly expenses with our Personal Checking account. Personal Checking in combination with our electronic banking services allows you to save, spend and track your money from the convenience of your home or office, anytime day or night.
- FREE online and telephone banking Learn more
- FREE Bill Pay services Learn more
- ATM/Visa® debit card
- Surcharge FREE National ATM Network Find an ATM near you
- Statement online with check images
- Customized checks
- Online check reordering
- Wire transfers Learn more
- Foreign exchange
- Safe Deposit Boxes: a safe, secure environment for documents and valuables
We offer boxes in several sizes to store documents such as:
- Birth, Marriage or Death Certificates
- Stock Certificates
- Real Estate Deeds
- Passports
- Adoption Papers
- Copies of Attorney Documents (wills, contracts, etc.)
- Computer Discs and Information
- Jewelry, Collectables and Valuables
- Military Service Records, and more
Safe Deposit Boxes are available at our Ashburn, Ballston, McLean, Reston, Sterling and Vienna offices. Protect your important items with us today. To set up a safe deposit box account or for more information contact your branch or Client Manager.
Personal NOW
Earn interest on your checking account while still having complete access to your funds with The Business Bank’s Personal NOW account.
- Competitive rates, compounded and credited monthly Check out our rates
- FREE online and telephone banking Learn more
- FREE Bill Pay services Learn more
- ATM/Visa® debit card
- Surcharge FREE National ATM Network Find an ATM near you
- Online statements with check images
- Customized checks
- Online check reordering
- A $15 monthly fee will be assessed if $2,000 average daily account balance is not maintained
Health Savings Account
The Business Bank’s Health Savings Account (HSA) is available to save for future qualified medical and retiree health expenses on a tax-free basis. An HSA can be established by an individual who has a qualified High Deductible Health Plan and funds in the account are to be used to pay for qualified health care expenses not paid by insurance. Contributions to an HSA can be made by the account owner, the employer or both. HSAs are portable if or when an employee changes employment.
• Cost Savings
- HSA contributions are excluded from federal income tax
- Interest earnings are tax-deferred
- Withdrawals for eligible expenses are exempt from federal income tax
- Unused money is held in an interest-bearing savings account
- With a HSA, you can lower your health insurance premiums by switching to health insurance coverage with a higher deductible
• Long-term Financial Benefits
- Save for future medical expenses
- Funds roll over year to year — there is no “use it or lose it” rules for HSAs
- Earnings compound tax free and your account is transferable
• Choice
- You control and manage you health care expenses
- You choose when to use your HSA dollars to pay your health care expenses
- You choose when to save your HSA dollars and pay health care expenses out of pocket
- One time set-up fee of $50
- $100 minimum balance to open
- No monthly maintenance or management fees
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ACCOUNT FEATURES
