BUSINESS ACCOUNTS


Kentucky Telco is pleased to offer Business/Corporate Account packages to sponsor groups, natural person members' companies and organizations in which the natural person member is an owner, officer or director. Our Business/Corporate Accounts are the perfect vehicle for the business owner to break free from "big bank" service charges and fees.

Business/Corporate Account Package Options

Business Checking
Business Checking is the core of your Business Corporate relationship with Telco. With no limit on transactions, there is no need to worry if you are writing too many checks or making numerous deposits. There is no monthly charge when you keep a minimum average daily balance of $5,000. Other great services available with you Business Checking include:

• ACH Origination (TAX) - subject to fee
• Debit (TAX)
• SmartCash VISA Debit Card
• Coin Deposit
• Corporate Reserve overdraft
• IRS quarterly payment processing available

Corporate Reserve
Protect your Business Checking Account from overdrafts with an interest bearing Corporate Reserve Account. Dividend earnings are based on Telco's Regular Savings rate PLUS up to 1.5% based on the Average Quarterly Balance (AQB). No dividends are earned if the AQB falls below $5,000.

Other benefits and terms of Corporate Reserve include:

• Automatic overdraft coverage in minimum transfer amounts of $500 - Limited to three transfers per month at a cost of $5 per daily transfer
• No restrictions on deposit amount of frequency
• $500 minimum withdrawal
• Five free Official Checks each month
• Corporate and LLC Debit Card and ATM access - Hold harmless required

Corporate Line of Credit & Credit Cards
Stretch your company's buying power with one of Telco's VISA Platinum credit cards or a corporate Line Of Credit - LOC available for up to $25,000 at 1.5% over prime rate. Your corporate VISA credit card may also be made available with similar dollar amounts.

Business Loans
Borrow for all your business needs at great rates!


For more information about Business/Corporate Accounts, contact one of our Business Account Specialists at (502) 459-3000 or (800) 292-9490 or e-mail us at mbrsrvcs@kytelco.com.