Account Analysis

Account analysis allows a business to offset fees and service charges by maintaining compensating balances. Instead of an account being "hard charged" and debited for services throughout the month, a running total, called "soft charges" is kept. At the end of the month, the customer receives an earnings credit on the average available balance in the account.

If the amount of the earnings credit is greater than the soft charge total, no fees are deducted that month. If the amount of the earnings credit is less than the soft charge total, the remaining fees will be deducted from the account balance.

Our Account Analysis Statement enables the customer to review account balances and charges in detail with a concise, logical statement, providing all of the information in an easy-to-understand format. Monthly a separate Account Analysis Statement is mailed to the customer, if service charge fees are applied, which will provide the following information: Activity Summary, Balance Information, Earnings Credit Summary and Analysis Summary.