Business Checking Built for Growth

From startups to established enterprises, find the right checking solution with features designed to help your business thrive.

50k+ Business Customers
4 Account Options
$0 Monthly Fees Possible
Business Checking

Choose Your Business Account

Compare our business checking accounts and find the one that fits your company's needs.

STARTUPS

Business Basic

$0 monthly fee
  • 200 transactions per month
  • $5,000 cash deposit limit
  • Free debit card
  • Online banking & bill pay
  • Mobile check deposit
Open Account
MOST POPULAR

Business Plus

$15 monthly fee*
  • 500 transactions per month
  • $15,000 cash deposit limit
  • 2 free wire transfers/mo
  • Business debit cards (3)
  • Merchant services discount
Open Account
HIGH VOLUME

Business Premium

$30 monthly fee*
  • Unlimited transactions
  • $25,000 cash deposit limit
  • 5 free wire transfers/mo
  • Business debit cards (5)
  • Dedicated relationship manager
Open Account
NONPROFIT

Nonprofit Checking

$0 monthly fee
  • 300 transactions per month
  • $10,000 cash deposit limit
  • Free debit cards (2)
  • Online donation tools
  • Grant management support
Open Account

* Fee waived when minimum balance requirements are met. See account details for complete information.

Switch to Ashmore Trust Business

Get $500 cash bonus when you open a new Business Plus or Premium account.1

Compare Business Accounts

Features Business Basic Business Plus Business Premium Nonprofit
Monthly Fee $0 $15 (waived with $5,000) $30 (waived with $15,000) $0
Minimum Opening Deposit $100 $500 $1,000 $100
Monthly Transactions 200 included 500 included Unlimited 300 included
Cash Deposit Limit $5,000/mo $15,000/mo $25,000/mo $10,000/mo
Wire Transfers $15 each 2 free/month 5 free/month $10 each
Business Debit Cards 1 included 3 included 5 included 2 included
Merchant Services Discount 10% off 20% off 15% off

Detailed Account Information

Business Basic - Complete Details

Perfect for startups, solopreneurs, and small businesses with lower transaction volume. Get all the essentials to manage your business finances.

Key Benefits:

  • No monthly maintenance fee - ever
  • 200 transactions included per month ($0.50 each additional)
  • $5,000 monthly cash deposit limit ($0.30 per $100 over)
  • Free business debit card
  • Online banking with bill pay
  • Mobile check deposit
  • Account alerts via text or email

Requirements:

  • $100 minimum opening deposit
  • Valid business license or EIN
  • Business must be registered and in good standing
Business Plus - Complete Details

Our most popular business account, designed for growing businesses with higher transaction needs and additional features.

Key Benefits:

  • $15 monthly fee (waived with $5,000 minimum daily balance)
  • 500 transactions included per month ($0.40 each additional)
  • $15,000 monthly cash deposit limit ($0.25 per $100 over)
  • 3 business debit cards included
  • 2 free incoming wire transfers per month
  • 10% discount on merchant services
  • Free online banking and bill pay

Requirements:

  • $500 minimum opening deposit
  • Business must be established for at least 6 months
  • Valid business license or EIN
Business Premium - Complete Details

For established businesses with high transaction volume, offering unlimited transactions and premium features.

Key Benefits:

  • $30 monthly fee (waived with $15,000 minimum daily balance)
  • Unlimited transactions included
  • $25,000 monthly cash deposit limit ($0.20 per $100 over)
  • 5 business debit cards included
  • 5 free incoming and outgoing wire transfers per month
  • 20% discount on merchant services
  • Dedicated relationship manager
  • Priority customer service line

Requirements:

  • $1,000 minimum opening deposit
  • Business must be established for at least 1 year
  • Valid business license or EIN
Nonprofit Checking - Complete Details

Specialized checking for 501(c)(3) organizations with features designed for nonprofit financial management.

Key Benefits:

  • No monthly maintenance fee
  • 300 transactions included per month ($0.40 each additional)
  • $10,000 monthly cash deposit limit ($0.25 per $100 over)
  • 2 business debit cards included
  • Online donation processing tools
  • Grant management support
  • Discounted merchant services rates
  • Quarterly financial reports for board meetings

Requirements:

  • $100 minimum opening deposit
  • Valid 501(c)(3) determination letter
  • Nonprofit must be registered and in good standing
  • Board resolution authorizing account opening

Every Business Account Includes

Business Mobile Banking

Manage your business finances on the go with our business mobile app.

Fraud Protection

24/7 monitoring with zero liability protection for unauthorized transactions.

Account Alerts

Customizable alerts for balances, large transactions, and more.

Multi-User Access

Set different permission levels for employees and team members.

Switching is Simple

Our Business Switch Kit helps you transition your accounts smoothly with minimal disruption to your operations.

1
Download the Kit

Get all the forms you need in one convenient package.

2
Fill Out the Forms

Complete the automatic payment and deposit transfer forms.

3
We Handle the Rest

Bring the completed forms to any branch, and we'll help you finish the process.

Download Switch Kit
Business Switch Kit

Frequently Asked Questions

What documents do I need to open a business account?

You'll need your business formation documents (Articles of Incorporation/Organization), EIN verification letter from the IRS, business license, and personal identification for all owners with 25% or more ownership. For sole proprietors, a DBA certificate and Social Security number may be accepted.

Can I have multiple users on my business account?

Yes! All our business accounts support multi-user access with customizable permissions. You can set different access levels for employees, accountants, and team members - from view-only to full transaction capabilities.

How do I avoid monthly service fees?

Business Basic and Nonprofit accounts have no monthly fee. For Business Plus, maintain a $5,000 minimum daily balance. For Business Premium, maintain a $15,000 minimum daily balance. You can also combine balances across multiple business accounts to meet the requirement.

Are my business deposits insured?

Yes, business deposits are FDIC-insured up to $250,000 per depositor, per ownership category. For businesses with higher balances, we offer CDARS and ICS programs to insure multi-million dollar deposits.

Can I integrate with accounting software?

Absolutely! Our business online banking integrates with popular accounting software including QuickBooks, Xero, and FreshBooks. You can export transactions, reconcile accounts, and manage cash flow seamlessly.

Ready to Bank with Us?

Open a business account online in minutes or visit any of our business banking centers. Our relationship managers are here to help.

Open an Account Talk to a Specialist

1 $500 bonus offer: Available to new business checking customers who open a Business Plus or Premium account and deposit $10,000 within 60 days. Bonus deposited within 30 days of meeting requirements. Offer not valid for existing business customers. Limit one bonus per business.

Transaction fees apply over included amounts. See account disclosures for complete terms and conditions.

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