Commercial Checking Accounts
Which checking account is right for your business?
Enjoy the convenience of a Savings Bank BusinessCard® with each account.
Checking Accounts | Designed for You | Initial Deposit | Maintenance Fees* | How To Avoid Maintenance Fees* |
---|---|---|---|---|
Small Business Checking |
...Sole Proprietors, Partnerships, Corporations, LLC's and LLP's that are a small business with basic transaction needs. Handle your day-to-day operations with this easy to understand checking account. |
$100 | $9 plus .35 cents per-debit after 50 debits. | $4 waived for maintaining $600 minimum daily balance or $1,200 average daily balance. $5 waived if enrolled in E-Statements. |
Business Checking ** |
...Sole Proprietors, Corporations, Partnerships, LLC's or LLP's. |
$100 | $16 | $11 waived for maintaining $3,000 minimum daily balance or $6,000 average daily balance. $5 waived if enrolled in E-Statements |
Business Interest Checking |
...businesses of all sizes that want to earn interest on your balance while having the flexibility of a checking account. See our Current Rates. |
$1,000 | $16 | $11 waived for maintaining $3,000 minimum daily balance or $6,000 average daily balance. |
*Maintenance Fees are assessed each statement cycle.
** The above Business Checking Maintenance Fees do not apply to Money Service Businesses (MSBs) as defined by FinCEN (www.fincen.gov) MSB Maintenance Fee: $300 and cannot be waived.