Business Classic Checking Account Fees

Here are the most common fees that may be incurred on ESL checking accounts. Click here for a complete listing of all ESL fees.

Your ESL Business Classic Checking Account includes free access to and use of business online banking to check accounts, transfer money, or manage your personal information. This includes free use of online Bill Pay.

Transaction Fees

Fee Type
Description
Fee
Fee TypeFirst 300 transactions per month
DescriptionThe first 300 transactions include all ACH debits and credits, ATM deposits and withdrawals, checks paid or deposited, and deposit tickets.
FeeFree
Fee TypeACH Debits and Credits
DescriptionFee for each ACH debit and credit after the first 300 free transactions that month.
Ways to avoid fees- Upgrade to Business Premier Checking if consistently have more than 300 transactions and less than 500 transactions per month.
- Monitor your transactions per month with business online banking.View business online banking
Fee$0.25
Fee TypeATM Deposits and Withdrawals
DescriptionFee for each ATM deposit and withdrawal after the first 300 free transactions that month.
Ways to avoid fees- Upgrade to Business Premier Checking if consistently have more than 300 transactions and less than 500 transactions per month.
- Monitor your transactions per month with business online banking.View business online banking
Fee$0.25
Fee TypeChecks Paid or Deposited
DescriptionFee for each check paid or deposited after the first 300 free transactions that month.
Ways to avoid fees- Upgrade to Business Premier Checking if consistently have more than 300 transactions and less than 500 transactions per month.
- Monitor your transactions per month with business online banking.View business online banking
Fee$0.25
Fee TypeDeposit Ticket
DescriptionFee for each deposit ticket after the first 300 free transactions that month.
Ways to avoid fees- Upgrade to Business Premier Checking if consistently have more than 300 transactions and less than 500 transactions per month.
- Monitor your transactions per month with business online banking.View business online banking
Fee$0.25

Fees may change. 

 

ATM Fees

Fee Type
Description
Fee
Fee TypeESL Owned ATMs
DescriptionFees for ATM transactions at ESL owned ATMs. These include transactions such as withdrawals, deposits, and balance inquiries.
FeeFree
Fee TypeNon-ESL Owned ATMs
DescriptionFees for ATM withdrawals at non-ESL owned ATMs. You are charged by ESL and potentially the owner of the ATM when you use a non-ESL ATM.
Ways to avoid fees- Choose the cash-back feature at many retail stores when using your ESL Business Visa Check Card and entering your PIN.View debit card information
Fee$1.50
Owner of ATM may also charge a fee.

Fees may change. 

 

Insufficient Funds Fees

Fee Type
Description
Fee
Fee TypeInsufficient Funds
DescriptionThere is not enough money in the account for the amount of the transaction (checks, automatic withdrawals via ACH, and ESL Bill Pay), and you are charged a fee. The item may be paid, or if not paid it is returned to the Payee.
- Monitor account activity with ESL business online banking.
- Set up email alerts to let you know when your balance falls below a certain amount.
- Transfer funds from another ESL account via an ESL ATM, business online banking, TEL-E$L, chat or telephone banking , or at an ESL Branch.
- Ask about overdraft options, such as Business Overdraft Line of Credit, CheckOK and Courtesy Pay.
Fee$37.00
The Payee may also charge you a fee
Fee TypeUncollected Fees
DescriptionYou have deposited funds, but they are not available in your account for withdrawal. Therefore, you do not have enough money for the amount of the transaction (checks, automatic withdrawals via ACH, and ESL Bill Pay). The item is not paid and returned to the Payee and you are charged a fee.
Ways to avoid fees- Monitor account activity with ESL business online banking.
- Set up email alerts to let you know when your balance falls below a certain amount.
- Transfer funds from another ESL account via an ESL ATM, business online banking, TEL-E$L, chat or telephone banking , or at an ESL Branch.
- Ask about overdraft options, such as Business Overdraft Line of Credit, CheckOK and Courtesy Pay.
Fee$37.00
The Payee may also charge you a fee
Fee TypeDeposited Items Returned
DescriptionFor each item you deposit or cash that is returned unpaid. This usually occurs because the person who wrote the check doesn’t have enough funds in their account to cover the amount or because a stop payment was placed.
Fee$10.00
Fee TypeACH Deposit Item Returned
DescriptionFor each ACH deposit item returned unpaid.
Fee$6.00

Fees may change. 

 

Overdraft Protection Fees

Fee Type
Description
Fee
Fee TypeCheckOK Fees
DescriptionOverdraft protection paid from a linked account — Coverage of insufficient or uncollectable funds (from your checks, automatic withdrawals via ACH, and ESL Bill Pay transactions) are paid by a linked account (e.g., business savings account). The maximum overdraft is based on the amount available in the linked account.

- Monitor account activity with ESL Business Online Banking.
- Set up email alerts to let you know when your balance falls below a certain amount.
- Transfer funds from another ESL account via an ESL ATM, online or mobile banking, TEL-E$L, chat or telephone banking, or at an ESL branch.

View Business Online Banking
Fee$5.00 each day an overdraft occurs. No fee when not used.
Fee TypeCourtesy Pay Overdraft Fees
DescriptionOverdraft Protection for checks, Bill Pay, and automatic ACH payments — Coverage of insufficient or uncollectable funds (from your checks, automatic withdrawals via ACH, and ESL Bill Pay transactions) are paid by ESL up to the maximum overdraft. Each overdraft is charged a fee based on the value of the item. The monthly maximum overdraft is $500 for Business Classic Checking and $1,000 for Business Premier or Business Analyzed Checking.
Ways to avoid fees

- Monitor account activity with ESL Business Online Banking.
- Set up email alerts to let you know when your balance falls below a certain amount.
- Transfer funds from another ESL account via an ESL ATM, online or mobile banking, TEL-E$L, chat or telephone banking, or at an ESL branch.

View Business Online Banking
Fee$37.00
Fee TypeCourtesy Pay POS Overdraft Fee
DescriptionOverdraft Protection for Point of Sale Transactions — Coverage of insufficient or uncollectable funds (from your debit card purchases) are paid by ESL up to the maximum overdraft. Each overdraft is charged a fee based on the value of the item. The monthly maximum overdraft is $500 for Business Classic Checking and $1,000 for Business Premier or Business Analyzed Checking.
Ways to avoid fees

- Monitor account activity with ESL Business Online Banking.
- Set up email alerts to let you know when your balance falls below a certain amount.
- Transfer funds from another ESL account via an ESL ATM, online or mobile banking, TEL-E$L, chat or telephone banking, or at an ESL branch.

View Business Online Banking
Fee$0.01-$5.00: Free

Greater than $5.00: $37.00 Fee

Fees may change. 

 

Visa® Business Check Card Fees

Fee Type
Description
Fee
Fee TypeAnnual Fee
DescriptionNo annual fee if you do not participate in the Rewards Program
FeeNone
Fee TypeAnnual Fee for Rewards
DescriptionAnnual fee for ScoreCard Rewards® if you participate in the Rewards Program
Fee$50.00 per year
Fee TypeReplacement Fee
DescriptionRequest a new card to replace an existing card
FeeFree
Fee TypeRush Order
DescriptionExpedite receiving a replacement card
Fee$15.00
Fee TypeInternational Service Assessment
DescriptionYou make a purchase in a foreign currency (in person or online)
Fee1% of transaction amount

Fees may change. 

 

Check Fees

Fee Type
Description
Fee
Fee TypeCheck Printing
DescriptionVaries by style. Available online, in branch, chat banking, and telephone banking.
FeeVaries by style
Fee TypeCheck Protest
DescriptionFee charged for pursuing collection of a check written that was returned unpaid.
FeeFree
Fee TypeCopies of Checks
DescriptionCopies of deposited or cashed non-ESL checks
FeeFree

Fees may change. 

 

Stop Payment Fees

Fee Type
Description
Fee
Fee TypeStop Payments
DescriptionTo request the stop payment of a check or ACH from your account that has not been deposited or cashed by the payee.
Fee$30.00

Fees may change.