Terms & Disclosures
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New Business Customer Bonus: This offer is eligible to new business customers of SouthEast Bank. A new business customer is defined as a business that has not held a SouthEast Bank checking or savings account within the past 12 months. Must mention this offer in-branch to be eligible. In order to earn a cash bonus, the business must open their business checking account (or business checking & savings accounts) before December 31, 2024.
The minimum deposit to open a SouthEast Bank business checking account is $50, but you must meet the qualification requirements for the $300 bonus described below.
The minimum deposit to open a SouthEast Bank business savings account is $50 for Business Savings and $2,500 for Business Money Market Savings, but you must meet the qualification requirements to be eligible for the $200 bonus described below.
New business customers can earn up to $600 in bonuses by meeting all requirements. Bonuses will be paid based on the requirements met below:
- Earn a $300 bonus by opening any SouthEast Bank business checking account and meeting one of the requirements:
- Deposit at least $5,000 within 30 days and maintain that minimum daily balance through 120 days from account opening, OR;
- Make 30 or more debit card purchases of $10 or more in the first 120 days of account opening and maintain a positive balance for the first that 120 days.
- Earn a $200 bonus by opening any SouthEast Bank business savings account, depositing at least $5,000 within 30 days and maintaining that minimum daily balance through 120 days from account opening. You must open a business checking account and meet the requirements for the $300 business checking account bonus to qualify.
- Earn a $100 bonus when you enroll in Merchant Services within 30 days of opening your SouthEast Bank business checking account. Must meet the requirements for the $300 business checking account bonus to qualify.
The bonus(es) will be credited to the account within thirty (30) days of meeting all qualifications. This bonus offer cannot be applied to the account retroactively or combined with any other offer. SouthEast Bank reserves the right, in its sole discretion, to cancel, terminate, modify, or suspend the promotion with or without cause. Taxes on bonus-related earnings will be the sole responsibility of the account holder.
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Core Business Checking: $50 minimum to open. No minimum balance requirements. Some fees and restrictions apply. Fees: $1 fee for each mobile deposit exceeding 20; $3 paper statement fee waived when enrolled in eStatements. Please see the Fee Schedule or speak with your local banker for a full list of fees that may apply.
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Core Plus Business Checking: *APY=Annual Percentage Yield. Rates are accurate as of 1/1/25 and are subject to change after account opening. $50 minimum to open. No minimum balance requirements. Fees may reduce earnings. Some fees and restrictions apply. Fees: $1 fee for each mobile deposit exceeding 20; $3 paper statement fee waived when enrolled in eStatements. Please see the Fee Schedule or speak with your local banker for a full list of fees that may apply.
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Premium Interest Business Checking: *APY=Annual Percentage Yield. Rates are accurate as of 1/1/25 and are subject to change after account opening. $50 minimum to open. Fees may reduce earnings. Some fees and restrictions apply. Fees: $0.25 charge per transaction item exceeding 500; $1 per each $1,000 coin and currency deposit transaction exceeding $10,000; $15 monthly service fee waived with an average daily balance of $10,000 during the statement period; $1 fee for each mobile deposit exceeding 20; $3 paper statement fee waived when enrolled in eStatements. Please see the Fee Schedule or speak with your local banker for a full list of fees that may apply.
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Business Savings: $50 minimum to open. $10 quarterly service fee waived for nonprofits or businesses with a minimum daily balance of $500. Fees may reduce earnings. Some fees and restrictions apply. Please see the Fee Schedule or speak with your local banker for a full list of fees that may apply.
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Business Money Market: *APY=Annual Percentage Yield. Rates are accurate as of 1/1/25 and are subject to change after account opening. $2,500 minimum to open. Fees may reduce earnings. Some fees and restrictions apply. $12 service fee per month waived with a minimum daily balance of $2,500. Please see the Fee Schedule or speak with your local banker for a full list of fees that may apply.