Business Banking

Business Checking Accounts

Some banking institutions bury their fees and charges, but we think you will agree that our Business Checking Accounts are straightforward and uncomplicated. With minimums as low as $100 to open the account, unlimited check writing is at your fingertips.

Service Fee Schedule
Based on average collected daily balance during statement cycle

Business Checking

Minimum to Open

$100.00

Service Charge

$5.00*

*Will only be charged if average daily balance falls below $100.00 per statement cycle.

Business Interest Bearing Account

Minimum to Open

$1,000.00

Service Charge

$5.00*

*Will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle.

Business Premium Interest Bearing Account

Minimum to Open

$10,000.00

Service Charge

$5.00*

Tiered rates based on daily collected balance of:

$9,999.99 or less

Rate 1

$10,000.00-$24,999.99

Rate 2

$25,000.00-$49,999.99

Rate 3

$50,000.00 and up

Rate 4

*Will be imposed every statement cycle if the balance in the account falls below $10,000.00 any day of the cycle.

 

Earnings credits available based on average daily collected balance – credits offset per item fees.

 

Commercial & Agricultural Loan Options

 

Commercial Real Estate
If your company plans to purchase or enhance your current location, a Commercial Real Estate loan from Security National Bank may be exactly what you need. We offer loans to finance commercial and industrial properties, multifamily and investment properties and vacant real estate.

SNB Business Line of Credit
A Security National Bank Business Line of Credit can give you the cash you need when you need it. Our lines of credit offer flexible terms to help you handle short term needs that may arise.

Preliminary Items Needed to Apply
Personal financial statement together with personal tax returns for the last two years.

Company balance sheet with profit and loss for the last three fiscal years and most recent interim financial statement.

Call one of our loan officers today to learn how you can use these products with our commercial deposit line and cash management services to create a business package tailored to your needs.

Letters of Credit
Long-standing business customers may qualify for letters of credit to guarantee payment to certain providers of goods and services. Our staff will promptly and expertly review your needs.

Equipment Loan Financing and Leasing (Non-Farm Machinery)
Looking to expand your current operations or need to replace a piece of equipment? We have the flexible financing programs you need to make it happen. Whether it is for equipment for a medical office or a construction site we may be able to help. Use equipment financing options to match the term of the loan to the life of the asset through long-term amortization, fixed and variable rate programs and no prepayment penalties.

Preliminary Items Needed to Apply
Current balance sheet and profit and loss statement.

Historic company balance sheet and profit and loss statements for the preceding three years together with company tax returns.

Personal financial statement together with company tax returns for preceding two years.

Ag Services
We have a variety of options available to assist you with most of your agricultural financing needs. Whether you need a farm operating line of credit or to purchase new equipment, our experienced agricultural lenders can help tailor a plan to meet your specific needs.

Farm Real Estate Loans
Farm land purchased for farm related income activity including farm structures such as machine sheds, grain bins and confinement livestock.

Farm Machinery and Equipment
We provide conventional fixed and variable rate financing for machinery and equipment purchases with flexible terms.

Livestock Loans
We offer various financing options for breeding and market and grower stock.

Farm Operating Loans
We have many options for financing annual production of crops and livestock through fixed rate loan and revolving lines of credit. Repayment terms are tailored to match farming cash flow.

Preliminary Items Needed to Apply

Sole proprietors:

  • Current personal balance sheet
  • Cash flow statement
  • Profit and loss statement
  • Two years of business and personal tax returns

Partnerships or Corporations:

  • Current balance sheet
  • Cash flow statement
  • Profit and loss statement
  • Personal financial statements for each guarantor

Our experienced agricultural lending staff understands farming operations in today’s complex agricultural economy. Fill out an app, call one of our branches today to learn more or set an appointment.