Somerset Hills Bank: The way your bank should be
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business

Business Services

Checking Accounts

Paramount Checking

This account is available only for individuals, sole proprietorships, trusts and non-profit organizations and municipalities. Paramount Checking is a high-yield money management account that combines savings and checking. You will earn a premium tiered interest rate on your account balances with unlimited check-writing privileges and additional benefits to make managing your money easier. A variable rate of interest is compounded daily and credited to your account monthly.

  • Free personalized Paramount checks
  • Free Unlimited check-writing privileges
  • No fees for deposits
  • Unlimited deposited items
  • Interest is compounded daily and credited to your account monthly.
  • Monthly statement with check images.
 



APYs effective as of September 1, 2010

ProductBalancesInterest RateAnnual Percentage Yield (APY)
Paramount Checking$0.01 to $4,999.990.25%0.25%
 $5,000.00 and above.50%.50%
  • This is a variable rate account and the Interest Rates and APY are subject to change at any time.
  • You must maintain the minimum balance indicated to receive the disclosed APY.
  • Maintain a minimum daily balance of $5,000.00 to avoid a monthly maintenance fee of $15.00
  • Fees could reduce earnings on the account.

In addition, we offer a range of banking services and a full complement of commercial loan products to help your business grow and prosper and complete your relationship with us, including:

Contact one of our banking representatives for more details.

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