Business Banking | Rapides Parish

What’s Best For Your Small Business?

Loan Department

We offer various types of commercial loans to meet your business needs. Please check with any SHB loan officer for details. They are available to help you with each step, from application to closing the loan. Stop in and visit with one of our friendly local bankers today for more details.

Small Business and Commercial Loans with terms to fit your business needs.

Business Lines of Credit for recurring needs. Flexibility without repeated paperwork.

Letters of Credit

Business Credit Cards so convenient for many business needs. Check out our competitive rates. Deal with people you know and trust!

Pay By The Ton Program with equipment loans and equipment insurance loans for today's logging firm.

How to choose your accounts.

How do you know which accounts are right for your business?  The first thing to consider is your account balance – is it typically above or below $2,500?  Other important factors include how many transactions you make a month and how you prefer to access funds.  To get a better idea of which accounts are right for your business your local Southern Heritage Bank representative will be happy to assist you whit any of the accounts listed below.

BUSINESS CHECKING OPTIONS

Non-Interest Bearing

FREEDOM Small Business Checking
Designed for businesses with more of a modest monthly account activity level.

  • No monthly maintenance fee
  • No minimum balance requirements
  • 200 FREE checks/withdrawals, deposited items and other credits monthly
  • $0.30 per item charge in excess of 200
  • FREE MasterCard Check Card or ATM Card
  • ScoreCard Rewards Program!
  • Night deposit service available
  • Minimum opening deposit of $50

FREEDOM Commercial Checking
An ideal account for businesses having higher levels of monthly account activity.

  • Monthly service fees and transaction fees may be offset by an earnings credit based on average collected balances and current Treasury Bill Rates.
  • Maintenance fee - $9.95
  • Items Deposited - $.06 per item
  • Debits/Checks - $.15 per item
  • FREE MasterCard Check Card or ATM Card
  • ScoreCard Rewards Program!
  • Night deposit service available
  • Minimum opening deposit of $100
Interest Bearing

FREEDOM PLUS Business Checking
Interest-bearing business checking accounts are available to individuals, sole proprietorships, non-profits groups, schools, hospitals and other specific businesses and organizations.   If your business falls into one of these categories, you can earn interest on your account’s daily collected balance.   Variable-rate simple interest will be paid each month and will be shown as a separate entry on your account statement.

  • FREE if minimum balance is over $2,500
  • Monthly cost of service $9.00 if balance falls below
  • Balances over $1,000 earn interest
  • Items Deposited - $.04 per item
  • 20 FREE checks/withdrawals; $0.15 per item charge in excess of 20
  • FREE MasterCard Check Card or ATM Card
  • ScoreCard Rewards Program!
  • Night deposit service available
  • Minimum opening deposit of $100

FREEDOM PLUS Business Money Market
An account for businesses interested in higher interest!

  • FREE if minimum balance is over $2,500
  • Monthly cost of service $8.00 if balance falls below
  • Six withdrawals per statement cycle
  • $5.00 fee per debit if you exceed six withdrawals
  • Interest is earned on balances over $2,500
  • Minimum opening deposit of $100

FREEDOM Ready Money Reserve
For businesses with large balances that want market-responsive rates and liquidity. Earn competitive interest on higher account balances with tiered rates!

  • No monthly fee if minimum balance is over $2,500
  • Monthly cost of service $9.95 if balance falls below
  • Interest is paid on balances above $2,500
    Tier 1                  $2,500 - $24,999.99
    Tier 2                $25,000 - $49,999.99
    Tier 3                $50,000 - $99,999.99
    Tier 4                $100,000 and above
  • Three withdrawals per statement cycle
  • $9.95 fee per debit if withdrawal limit exceeded
  • Minimum opening deposit of $2,500

 

BUSINESS SAVINGS OPTIONS

Interest Bearing

FREEDOM Business Statement Savings
For businesses that want to earn interest on smaller balances without tying up funds.

  • Competitive interest is earned on balances over $100
  • Minimum opening deposit of $100
  • Nine FREE withdrawals per quarter
  • $2.50 fee per each withdrawal over the nine in a quarter

 

BUSINESS CREDIT CARD PROCESSING

Credit Card Processing

Lowest cost credit card processing is easy and available through Southern Heritage Bank.

You have many options when it choosing a credit card processing service. Choose a local processor for a level of customer service and processing rates that other companies cannot match.

We provide:

  • Local, personalized customer service including 24-hour technical support
  • Ability to process any form of payment including:
    • All major credit cards
    • PIN-based debit cards
    • EBT cards
    • Checks with guarantee (Risk-free)
    • Gift cards and loyalty cards
    • Voyager fleet cards
  • Added security including PCI compliancy
  • No-fee conversion and equipment programming
  • All of your equipment and supply needs. No need to search for compatible equipment and supplies
  • Flexibility in how your process transactions:
    • Over the phone
    • Wireless terminal
    • Personal computer
    • Electronic point-of-sale
    • Online via e-commerce site
    • Mobile

Payment Processing Options:

  • Integrated cash register and payment systems
  • Easy to use stand-alone payment systems
  • Mobile payment systems