Business Accounts

Checking

Basic Business

Our Basic Business account is simple and straight forward.
A low monthly fee keeps your costs down. The perfect business account for small businesses, sole proprietorships and agri-business customers.

• No minimum balance required
• Required deposit to open account: $100.00
• Monthly service charge of $5.00 (debit items include check and manual on electronic transactions) with a $.20 charge for each debited item after 50

Business Analysis

Our Business Analysis account is suitable for those business customers that have a large volume of account activity. A monthly earnings credit based on your average balance is applied towards your total service charges. This may result in a lower or no service charge to the account.

• No minimum balance required
• Required deposit to open account: $100.00
• Monthly service charge of $10.00
• Per deposit charge of $0.15
• Per check charge of $0.10
• Per deposited item of $0.08

Savings

Statement Savings

Build your wealth and future with Kingston National Bank!!
Kingston National Bank offers a “Statement Savings” account that provides the customer a simple, safe way to manage and save funds. 

Account features:

• $100 minimum to open an account
• $3.00 service charge if daily balance falls below $100
• Fees waived for minors and seniors
• In addition, ATM cards, online banking, E-statements or paper statements are available for your convenience

*Account Limitations: Effective November 1, 2020, the number of withdrawals or transfers to another account or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party will increase from six (6) to ten (10) transactions in a four (4) week or similar period.

If there are more than ten (10) of the above transactions in a four (4) week or similar period the following fees will be charged per each item over ten (10):

Kingston Classic Money Market Account - $5.00 for each item over ten (10).
Marquee Money Market Account - $5.00 for each item over ten (10).
Statement Savings Account - $1.00 for each item over ten (10).
Passbook Savings Account - $1.00 for each item over ten (10).
Withdrawals made in person, by messenger, by mail, or at an ATM are unlimited.

The Marquee High Yield Account - Money Market

A money market account featuring a tiered interest rate structure.
This account can be used as a funds management product for savings and is designed for customers that maintain higher balances in their checking accounts. 

Account features:

• $50,000.00 minimum deposit to open account.
• $10.00 monthly service charge if the daily balance falls below the required minimum balance of $50,000.00
• $1.00 monthly debit card fee.
• Mobiliti and On-line Banking.
• $50,000 minimum balance to earn interest.
• Tiered interest bearing account on the following balance ranges:
  
  • $50,000.00 – $99,999.99 
  • $100,000.00 - $124,999.99
  • $125,000.00 - Above 

*Account Limitations: Effective November 1, 2020, the number of withdrawals or transfers to another account or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party will increase from six (6) to ten (10) transactions in a four (4) week or similar period.

If there are more than ten (10) of the above transactions in a four (4) week or similar period the following fees will be charged per each item over ten (10):

• Kingston Classic Money Market Account - $5.00 for each item over ten (10).
• Marquee Money Market Account - $5.00 for each item over ten (10).
• Statement Savings Account - $1.00 for each item over ten (10).
• Passbook Savings Account - $1.00 for each item over ten (10).

Withdrawals made in person, by messenger, by mail, or at an ATM are unlimited.

Certificates of Deposit

If you have your eye on the road ahead, a CD could be a savings strategy for you!
Kingston National Bank provides a wide variety of Certificates of Deposit options for managing and building your short-term and long-term wealth. Certificates of Deposit can be purchased for a variety of terms at competitive rates. 

Account Features:

• Minimum balance requirement $1,000.00
• Competitive Rates
• A variety of Certificates of Deposit are automatically renewable
• A variety of terms available to meet your investment goals