Earnings Credit Rate
Does your bank help your business offset fees?
With an Analysis Checking account, you can receive a monthly earnings credit that can be used to offset monthly banking fees.
Let us compare an Analysis Checking account with an average collected monthly balance of $100,000:
Old Line Bank
Our ECR* 0.75% More than 2x the National Average
Earned Credit of $56.25*** per month
Average ECR 0.35%**
Earned Credit of $26.25*** per month
* ECR = Earned Credit Rate
** National average as of 2016. Based on Redbridge’s BankScore™ of Global Rates & Fees.
*** Average collected monthly balance is reduced by 10% reserve requirement before calculating earnings credit