Arundel Federal Savings Bank, one of Maryland's savings institutions, has introduced a new commercial banking account that offers businesses of all sizes complete banking in one simple account.
"Better Business Banking" offers business customers free checking with no minimum balance, no monthly fees, no deposit charge, and no charge per check for the first 99 checks per month. It also provides automatic investment of all money over $3,500 into a federally insured savings account paying market rates. The investment feature costs just $10 monthly.
In addition, the Better Business Banking account includes an optional line of credit from $5,000 to $50,000 and more, upon approval.
The account is available at all branch offices of Arundel Federal Savings Bank, with locations in Baltimore, Glen Burnie and Annapolis.