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Commercial Deposit Products

Ozona National Bank provides a full range of Commercial Banking services to address the specific needs of your business, and the following information describes some of our commercial banking products. Please contact your local bank location to learn more about how Ozona National Bank Commercial Banking services can be an essential component in the growth of your business.

Commercial Checking Accounts

Free Commercial Checking Account

  • An ideal checking account for most business types
  • Requires an initial deposit of $100
  • No minimum daily balance required
  • Free Monthly Statements with Images
  • Includes overdraft privilege upon approval

Commercial NOW Account

  • Available only to sole proprietorships, nonprofit organizations, and government entities
  • Enjoy unlimited check writing
  • Requires an initial deposit of $1500
  • Maintain a minimum balance of $1500 to avoid service charges
  • Free Monthly Statements with Images
  • Includes overdraft privilege upon approval

Commercial Money Market Account

  • Earn a higher interest rate on an account with limited check writing convenience
  • Requires an initial deposit of $2500
  • Maintain a minimum balance of $2500 to avoid service charges
  • Certain transaction limitations apply: Limit of six transactions per month; up to three of these can be by check
  • Free Monthly Statements with Images

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Commercial Savings Accounts

Commercial Savings Account

  • Minimum opening deposit of $100
  • Maintain a minimum average daily balance of $300 to avoid service charges
  • Maintain a minimum average daily balance of $500 to avoid an activity fee charge
  • Certain transaction limitations apply
  • Earn interest compounded daily and credited to your account monthly
  • Monthly Statements with NO images

Commercial Money Management Account

  • Minimum opening deposit of $500
  • Maintain a minimum daily balance of $500 to avoid service charges
  • Certain transaction limitations apply
  • Interest is compounded and credited monthly
  • Earn interest indexed to the 13-week US Treasury Bill rate
  • Monthly Statements with NO images

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Required Documents

Here is a list of original documents we will need in order to open your account.

Sole Proprietorship

  • DBA/Assumed Name Certificate (if applicable)
  • EIN certificate from IRS (if applicable)
  • ID for owner and each signer (2 forms)

General Partnership

  • DBA/Assumed Name Certificate (if applicable)
  • EIN certificate from IRS
  • Signed copy of Partnership Agreement (identifies partners and their authority)
  • ID for each owner and signer (2 forms)

Limited Partnership (LP)

  • DBA/Assumed Name Certificate (if applicable)
  • EIN certificate from IRS
  • Signed copy of Partnership Agreement (identifies partners and their authority)
  • Certificate of Limited Partnership from Secretary of State
  • ID for each owner and signer (2 forms)

Limited Liability Partnership (LLP)

  • DBA/Assumed Name Certificate (if applicable)
  • EIN certificate from IRS
  • Signed copy of Partnership Agreement (identifies partners and their authority)
  • Certificate of LLP registration from Secretary of State
  • ID for each owner and signer (2 forms)

Corporation

  • DBA/Assumed Name Certificate (if applicable)
  • EIN certificate from IRS
  • Certificate of Incorporation from Secretary of State (should list shareholders)
  • Corporate Resolution or Corporate Minutes (identifies officers and who has authority to sign)
  • ID for each authorized signer (2 forms)

Limited Liability Company (LLC)

  • DBA/Assumed Name Certificate (if applicable)
  • EIN certificate from IRS
  • Certificate of Formation (Organization) from Secretary of State
  • Operating Agreement (states who has authority to act for business)
  • ID for owner and each authorized signer (2 forms)

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