Business Banking Solutions
Deposit Accounts
Checking Account
These are FDIC-insured checking accounts for all types of businesses. A monthly statement with imaged checks is provided. Monthly maintenance and activity fees can be partially or totally offset by a credit allowance based upon the collected balances in the account.
Savings Account
Want to keep a minimal balance and still earn a good return on your savings? Then the Statement Savings account is for you. Your money works for you all the time. No monthly service charges if the minimum collected balance is maintained.
Money Market Account
Enjoy the high yield of a money market with the "cash-when-you-want-it" benefit of a savings account with our Money Market Savings Account. You have limited check writing privileges (six pre-authorized withdrawals per month, three of which may be checks) and no service charge as long as you maintain the minimum collected balance.
Certificates of Deposit
A variety of FDIC-insured certificates of deposit are offered at very competitive rates. The minimum deposit is $1000 and maturity dates can range from 30 days to five years.
Commercial Loans*
Business Term loans
Our business term loans can be used to purchase or refinance real estate or equipment, provide long-term working capital or simply consolidate business loans.
Business Lines of Credit
An Oakland Commerce Bank Line of Credit gives your business the flexibility it needs to easily access funds for any short-term financing need. When your business requires cash for seasonal working capital, purchasing inventory, financing receivables, taking advantage of trade discounts, or managing cash flow, our line of credit allows you to manage the situation to your advantage.
Construction Financing
We offer a full range of construction loans to match your business’ needs or we will fashion one especially for you.
Letters of Credit
If your business needs to guarantee payment or its performance to a vendor or municipal government unit, we can help by issuing a letter of credit in your favor.
SBA Loans
Government guaranteed loans for start-up businesses and for business acquisitions and buyouts.
Additional Services
Remote Deposit Capture
Deposit Checks Right at Your Desk!
Remote Deposit allows you to deposit checks into your business bank account right from your place of business. Simply scan your checks using one of our desktop scanners and deposit them in your account via our secure Revenue Manager portal. Your checks will be processed as images or converted into Automated Clearing House (ACH) transactions depending on the level of service you choose.
* All loans are subject to credit approval
