Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006

Basic Business Checking

This is a simple account that allows you to concentrate on your business. There is no monthly service charge, if you maintain a minimum average daily balance of $500.00, and you’ll receive up to 150 items free (over 150 items are $0.25 each). If your balance falls below the monthly minimum requirement your account will be assessed a $10.00 service charge.  You’ll also have access to our free online banking, bill payments and image statements. Free electronic statements are available upon request.

Standard Business Checking

This account is for the mid-size business with mid-size activity. There is a minimum daily balance of $2,500.00 with a $10.00 monthly service charge if the balance falls below the minimum. You’ll receive up to 300 transactions free (over 300 items are $0.15 each). You’ll also have access to free online banking, bill payments and one free interest checking account per business owner, plus image statements. Free electronic statements are available upon request.

Interest Business Checking

This is an account for non-profit organizations and sole proprietorships. There is a minimum daily balance of $1,500.00 with a $10.00 monthly service charge if the balance falls below the minimum. You’ll earn interest based on six tiers regardless of the balance. You’ll receive free online banking and bill payments, free electronic statements, unlimited check writing, and a free small safe deposit box ($25.00 discount on all other sizes). Free electronic statements are available upon request.

Commercial Analysis Checking

Our Commercial Analysis Checking account offers the business customer an opportunity for its monthly collected balances to offset its maintenance fee through an earnings credit. It’s designed for larger businesses, and the monthly statement has imaged copies of checks that are sorted by check number. Coin and currency purchase, night depository, and funds transfer services are available. The maintenance fee is $25.00 a month, items paid are $0.20, and credits are $0.55. Items on us deposited are $0.08, foreign items are $0.12, coins per roll are $0.15, and special statements are $5.00. Stop payment is $30.00. Free electronic statements are available upon request.

Business Money Market

With this account, balances of $5,000.00 or more earn interest based on five tiers. There is a $10.00 monthly service charge if the balance falls below the $5,000.00 minimum. There is also a $10.00 excessive activity fee when more than six transfers per month occur, with no more than six being by check, draft, or debit card.

Cash Management

With our various business accounts, you get easy, sophisticated transactional capabilities and control for any size business. You can transfer money between accounts, issue wire transfers, schedule automatic payments, and issue ACH requests. You can also request reports, set balance account alerts, print statements, view checks and deposit tickets, pay taxes, prepare and send payroll, and pay your bills online. It couldn’t be easier!

Remote Deposit

Now you can make deposits from your desk or office and leave the driving to us. Process non-cash deposits electronically without leaving the office, any time, day or night. A scanner is provided and you’ll get archived copies of checks, deposit tickets, and reports. You’ll also receive immediate deposit credit and an extended cut off time for same day credit. With remote deposit, there are no more deposit tickets, accelerated clearing, and reduced risk. Certain fees may apply.

Free Online Banking

With Brookhaven Bank’s Online Banking Services, you have 24 hour access at your fingertips everyday from anywhere. You can check your balance, transfer funds between Brookhaven Bank accounts, make loan payments, and view your current transactions. You can also view images of cleared checks, get past information on your account, and export your transaction data to your own Financial Management Software.

Free Bill Pay

With Bill Pay you will never have to worry about missing an important payment. You can set up one-time or recurring payments quickly and easily when you enroll at www.brookhavenbank.com. It’s available 24/7, and it reduces paper output and you’ll save on stamps. It also reduces identity theft with secure logon, and alerts and reminders are available.

Commercial and Business Loans

• Business Real Estate Loans – Loans to finance the purchase of real estate or to refinance existing commercial mortgages, which includes acquisition and development, construction and investor or owner occupied real estate.
   
• Business Loans – Loans to finance the purchase of equipment, furniture, fixtures, vehicles and lease hold improvements. This loan can also be used to finance permanent working capital.
   
• Business Line of Credit – A revolving line of credit to lend and to relend up to a designated amount during a specified period of time. Funds may be used for seasonal or cyclical needs of the customer.
   
• Letters of Credit – Are used to guarantee payment in the event of non-performance.
   
• Private Banking Loans – Loans or lines of credit to professionals to purchase medical equipment, lease hold improvements, short-term business investments and partner buy-ins or buy-outs.
   
• Aircraft Loans – Loans used for new or used purchases, refinances or upgrades.