Analysis Checking May Be Right for Your Business
November 18, 2020 |
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When it comes to operating your business, making transactions and depositing funds is essential. And as your business grows, you should not be limited by transaction levels and fees. If your business conducts a high volume of checking activity and maintains a sizable balance, analysis checking may be right for your business.
Above all, analysis checking helps put your account balances to work. Simply put, most transaction or deposit fees are offset through an earnings credit. To help meet your business banking needs, Dime Community Bank provides an effective solution through our Business Preferred Checking Account with analysis checking1 .
Here’s why analysis checking may be right for your business.
WHY ANALYSIS CHECKING MAY BE RIGHT FOR YOUR BUSINESS
What is Analysis Checking?
In short, analysis checking is a business deposit product that helps rewards businesses with high balances. An analysis account provides an earnings credit equal to a certain percentage of the balance in the account. This earnings credit then helps offset service charges.
Who is Analysis Checking best for?
Overall, analysis checking is best for businesses or organizations that:
- Maintain higher balances
- Experience high checking transaction volumes
- Require more complex cash management solutions
Benefits of Analysis Checking?
- Earnings Credit
Account balances generate an earnings credit that can be used to offset some or all monthly charges.
- Monthly Analysis Statement
In addition to a checking account statement, Dime will provide a consolidated analysis statement. This statement outlines the cost and volume of banking services used by your business.
- Cash Management Services1
Through your monthly earnings credit, your business can also help offset costs associated with cash management services.
To help you run a more efficient operation, Dime provides an array of cash management services. For example, ACH Payment and Collection, Positive Pay, Remote Deposit Capture, Lockbox, Merchant Services and Online Banking and Bill Pay.
Schedule a Call with Your Banker
No bank provides the personal attention your business needs like Dime. Your banker will help you by providing financial solutions that evolve with your needs.
To learn more about how Business Preferred Checking with analysis checking and to speak to a local Dime business relationship manager, please email firstname.lastname@example.org to schedule an appointment. Or, visit dime.com/branches to find your local Dime branch.
Need Help with Cash Management?
Learn about the 8 essential cash management tools for small businesses.
In addition, you can learn about 4 ways to run a more efficient business.
DIME COMMUNITY BANK IS THE BEST BUSINESS BANK IN NEW YORK
1 All products subject to Dime approval.
2 Must have Dime Online Banking to use Dime Mobile Banking. Dime Mobile Banking App is available for select mobile devices. Mobile Banking is a free service from Dime. However, your mobile carrier may charge for data and text message usage. Transfer of funds and bill payments from savings and money market accounts are limited to six per monthly statement cycle.