Bremen Bank - Commercial Banking

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C o m m e r c i a l B a n k i n g

Business accounts have been our primary source of growth and we are proud of the fact that we can respond to the needs of business customers rapidly and efficiently. In the time it takes most banks to send your application to the loan committee, we can inform you of our decision.

You will also find that our loan officers are interested in your business. We feel that part of the process of developing a business relationship is knowing the owners and understanding the operation.

We specialize in the needs of small- and medium-sized businesses in the St. Louis area. We pride ourselves on being big enough to handle all you banking needs but small enough to really care about your business.

Regular Business Checking

$500 Minimum Balance to Open
Activity Charges:
$.15 each ledger entry (check or deposit)
$.10 each item deposited
$15.00 monthly maintenance
$.30 for each $100 average collected balance Earnings Credit, to offset the activity charges.

Small Business Checking

$100 Minimum Balance to Open
Activity Charges:
First 50 Deposited items FREE, 20 cents each after 50
First 25 Deposits FREE, 30 cents each after 25
First 25 Checks FREE, 30 cents each after 25
$8.00 Monthly Maintenance Fee

In addition, we offer Automated payroll for business customers. With automated payroll, your employees can be eligible for a BONUS checking account with direct deposit. Call one of our Personal Bankers for more information.

MasterCard^TM/VISA^TM Merchant Service

Low cost and low maintenance merchant service available through Communtiy Bankers Merchant Services, Inc. Have the added convenience for your customers to pay you for purchases with their charge card or debit card. Call for a referral on rate and equipment cost. Financing available for equipment.

Direct Deposit of all recurring Federal Payments.

You can have all recurring payments automatically posted to your account each month or quarter.

Wire Transfers through the Federal Reserve System

Outgoing wire transfers are available to all business customers at a fee of $25.00. There is no charge to receive a wire transfer through the Federal Reserve System.

Business VISA^TM Card Issuance

A variety of card options are available to your business, to suit your company's needs. Stop by or contact any of our locations to receive an application. Or, contact your account officer for more information.

Automated Payroll

This direct deposit system eliminates the need for your payroll department to create checks, and the potential loss of the check requiring costly and time-consuming stop payment and reissuance. Contact your account officer for more information.

Internet Cash Management

This service allows your company access to your accounts online to create credit or debit ACH transactions. For further details, contact your account officer.

Lock Box Processing

This fully-automated system speeds availability of funds to your deposit accounts. It eliminates the need for you or a member of your staff to process a daily deposit and visit our bank to make that deposit. Report output to inform your accounts receivable department of checks received is tailored to your business needs. Contact your account officer for more information.

Premium Business Savings Account

$200 Minimum Balance to Open
$100 Minimum Balance to avoid $3.00 quarterly service Charge
Interest-earning account based on a tiered rate (Rage and frequency may change without notice. See current interest rate schedule.)
Interest compounded and paid quarterly
Quarterly Statements

Business Money Market Account

$2,500 Minimum Balance to Open
$2,500 Minimum Balance to avoid $10 monthly service charge
Pre-authorized or telephoned transfers cannot exceed six per month, with no more than three of these by check or draft
Interest-earning account (Rate and frequency may change without notice. See current interest rate schedule.)
Interest compounded and paid monthly

Certificate of Deposit Accounts

$500 Minimum Balance to Open
Interest-earning account (Rate is fixed for the term. See current interest rate schedule.)
Interest can be paid by three methods:
- Compounded quarterly
- Mailed by check either monthly or quarterly (minimum certificate amount of $10,000 required for monthly check)
- Deposited to another Bremen account monthly or quarterly
Available terms & rates
Substantial penalties apply for early withdrawal of Certificates. All Certificates are subject to changes in bank policy or changes in Federal or State regulation.

Commercial & Small Business Administration Loans

Bremen Bank & Trust Company offers the following types of Business Loans:

Lines of Credit
Purchase of Equipment/Machinery
Short-Term Working Capital, including Accounts Receivable/Inventory Financing
Long-Term Working Capital
Building acquisition and expansion
Government-guaranteed programs, including:
- SBA 7a
- SBA Lowdoc
- SBA 504
- Rural Economic Community Development Business and Industrial Loans

Your business will be assigned an account officer who will work with you to understand your business needs and recommend the best possible lending solution to meet those needs.

We offer competitive rates, terms, personalized service and quick decisions to your loan requests.

To process most loan requests, we need the following information:

Loan amount, loan purpose, term requested, collateral offered and guarantors offered
2-3 paragraph business history
Last three years' business statements and tax returns
Interim financial statement (not more than 90 days old)
Accounts receivable aging (if applicable)
Equipment listing (if applicable)
Two-year financial projections
Personal financial statement on all business owners who have 20% or greater ownership

Consult your Bremen Bank Commercial Loan Officer if additional information is needed.

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