Account Analysis determines the account balance required to avoid service charges, based on the account’s activity level.
Middleburg Bank's Account Analysis aggregates your deposit accounts into a single relationship, with all accounts working together for your benefit. Based on balances maintained across multiple accounts, you receive an earnings credit which can offset a portion or all service charges that accrue for each statement period.
If the average balance in the account is equal or greater than the amount required to compensate for the expenses incurred for the services provided, the account will not be charged. However, if the average balance in the account is lower than the balance required to compensate for the expenses incurred for the services provided, the account will be charged.
For more information on Account Analysis, talk with your Middleburg Bank relationship manager.