Business Checking Accounts Comparison

Business Checking

Commercial Checking

Commercial Plus Checking

Best Suited For

This account is for small businesses with low activity and has added perks that will help your business evolve

This account is for mid-sized businesses with moderate activity and has several features to help you get more out of your business operating account

This account is perfect for businesses with higher balances and more activity. It provides your business with a variety of features and functionalities to help improve efficiencies

Monthly Service Fee

$8

$10

$15

Qualifiers to Avoid Monthly Service Fee

$1,000 average available balance, excess monthly transaction charges will continue to apply

None

Investable balance/earnings credit, account analysis

Minimum Balance to Open

$50

$100

$100

Business Online Banking

Yes

Yes

Yes

Business Bill Pay

Yes

Yes

Yes

Business Debit Card

Yes

Yes

Yes

Transactions Limitations

Over 100 items per statement cycle ($0.40 thereafter)

Per item paid $0.15, per item deposited $0.12, per deposit ticket $0.10, uncollected balance position based on bank reference rate ACH debit $0.12/credit $0.10

Per item paid $0.18, per item deposited $0.15, per deposit ticket $0.25, uncollected balance position based on bank reference rate ACH debit $0.12/credit $0.10

Monthly Statement Fee

No charge for paperless statement (Business Online Banking required) $5 per account for mailed statement

No fee

No fee

Statement with Check Images

$5 per account, for images

$5 per account, for images

No fee

     

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Non-Profit Checking

Interest Earning Business Checking

IOLTA Checking Account

Best Suited For

Non-profit organizations have different needs than a standard for-profit company. We get that. We want to empower your organization with checking that supports your mission.

If your business is non-incorporated or you are the sole proprietor, our Interest Earning Business Checking account helps you manage your checking needs and earn interest on your funds.

If you're an attorney holding funds for multiple clients, an IOLTA can add simplicity to account management, while also helping people who otherwise couldn't afford legal representation.

Monthly Service Fee

$5

$10

$15

Qualifiers to Avoid Monthly Service Fee

$250 average available balance, excess monthly transaction charges will continue to apply

$2,500 average available balance, excess monthly transaction charges will continue to apply

Service charges reduced by interest paid on investable balance

Minimum Balance to Open

$50

$50

$100

Business Online Banking

Yes

Yes

Yes

Business Bill Pay

Yes

Yes

No

Business Debit Card

Yes

Yes

No

Transactions Limitations

Over 100 items $0.40 each; unlimited electronic transactions

Over 100 items $0.40 each; unlimited electronic transactions

Per item paid $0.18, per item deposited $0.15, per deposit ticket $0.25, uncollected balance position based on bank reference rate ACH debit $0.12/credit $0.10

Monthly Statement Fee

No charge for paperless statement (business online banking required) $5 per account for mailed statement

No charge for paperless statement (business online banking required) $5 per account for mailed statement

No fee

Statement with Check Images

$5 per account, for images

$5 per account, for images

No fee

   

Learn More

Learn More

Learn More

Additional terms and conditions or fees may apply to the product described. Please contact us or visit one of our branches for full account details.