Other Deposit Accounts

Family business

We offer a variety of business deposit accounts and services to efficiently manage your cash flow, manage client accounts and more.

Interest on Lawyer’s Trust Account (IOLTA)

Benefits
  • Earns a competitive rate of interest
  • Free basic Business Online Banking, Mobile Banking and eStatements
  • Worry Free – All interest earned on the IOLTA account (less applicable service charges) is remitted directly by Commerce State Bank to the appropriate state agency.

Sweep Services

Benefits
  • You will benefit from reduced interest expense, since loan advances are drawn only when needed.
  • Sweep Loan service automatically draws against your established Commerce State Bank Line of Credit in the event of a deficient balance in your account.

Zero Balance Accounts (ZBA)

Benefits
  • Automatic Daily Funding: All deposits made to the subsidiary accounts are automatically transferred to the master account at the end of the business day. Subsidiary accounts are forced to a zero balance unless a floor (minimum balance) has been established on the account.
  • Reporting: Your monthly statement will clearly reflect all automatic transfers resulting from the Zero Balance Accounts.
  • Access: Balances and account information available 24 hours a day with Business Online Banking.

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Refer to the Business Account Specific Details and Fee Schedule disclosure for more detailed information.