Business Banking
Navigating your business forward.
Set your business on course and make your money work as hard as you do with one of our business checking account options. Achieve even greater efficiency utilizing our treasury management tools and commercial financing options. We make running your business smooth sailing.
Use the chart below to compare the business checking account options available to meet your unique checking needs.
| | Business Basic Checking
| Business Access Checking
| Business Access Plus Checking
| Business Advantage Checking
|
Designed For
| Start-up or small business with low balance and low monthly transaction volume
| Small to mid-size business with low to moderate monthly transaction volume | Small to mid-size business with low to moderate monthly transaction volume desiring interest option
| Mid size to large business with moderate to high balances and moderate to high monthly transaction volume
|
Opening Requirements
| $50 | $50
| $50 | $50 |
Monthly Maintenance Fee
| N/A | $7 | $15 | $60 |
| How To Avoid Or Reduce Maintenance Fee | No minimum balance requirement
| $2,500 average available minimum balance requirement per statement cycle
| $10,000 average available minimum balance requirement per statement cycle
| $15,000 average available minimum balance requirement per statement cycle
|
Transaction Allowance
| 50 1
| 200 1 | 150 1 | 500 1 |
| Earnings Credit Allowance | N/A
| N/A
| N/A
| N/A
|
| Earns Interest | N/A
| N/A
| Yes
| Optional Business Advantage Money Market Sweep feature available 2 |
| Interest Tiers | N/A
| N/A
| $0 - $9,999 $10,000 - $24,999 $25,000 - $49,999 $50,000 + | N/A
|
| Online Banking & Bill Pay | Yes
| Yes
| Yes
| Yes
|
| Extras | - Treasury Management Service options
- eStatements available
- Business Debit Card
- Business Credit Card
- Partnership Perks for Employees
| - Treasury Management Service options
- eStatements available
- Business Debit Card
- Business Credit Card
- Partnership Perks for Employees
| - Treasury Management Service options
- eStatements available
- Business Debit Card
- Business Credit Card
- Partnership Perks for Employees
| - Treasury Management Service options
- eStatements available
- Business Debit Card
- Business Credit Card
- Partnership Perks for Employees
|
| Additional Fee Info | Please refer to Schedule of Service Charges & Fees | Please refer to Schedule of Service Charges & Fees | Please refer to Schedule of Service Charges & Fees | Please refer to Schedule of Service Charges & Fees |
1 Monthly allowable transactions per statement cycle at no charge
($0.40 for each item over monthly transaction allowance). Transactions
include: checks paid, items deposited, deposit tickets, ACH credits received, ACH debits
received.
2 With the optional Business Advantage Money Market Sweep service, an automated sweep transfer is established between a noninterest-bearing Business Advantage Checking account ("Checking") and an interest-bearing non-transaction Business Advantage Money Market account ("Money Market") based upon a target minimum and maximum balance on the Checking account. Establishment of the Business Advantage Money Market sweep service on the Business Advantage Checking account may reduce your FDIC deposit coverage.