Business Checking Accounts
Your business checking is the account you probably use the most. Logic dictates this should be the account that also works best for your business. Makes sense to us! That's why we offer a variety of business checking accounts to meet the needs of your business.
Bank Five Nine offers several business checking accounts perfect for small businesses, with options that provide no monthly fees and low minimum balance requirements.
Take a minute to explore our options and let us know if you have any questions!
| Feature | Basic Business Checking | Select Business Checking | Premier Commercial Checking | Business Checking with Interest | Community Checking |
|---|---|---|---|---|---|
| Product Description | For businesses with a low amount of transaction volume (<150) | For businesses with a moderate amount of transaction volume (50-500) | For businesses with a large amount of transaction volume (>500) | Available to sole owners, government units and nonprofit organizations | Designed for nonprofit organizations |
| Minimum Opening Balance | $300 | $300 | $300 | $300 | $100 |
| Minimum Balance Requirement | $300 daily or $500 monthly average balance | $1,000 daily or $2,500 monthly average balance | No minimum balance | $300 daily or $500 monthly average balance | $100 daily balance |
| Monthly Maintenance Fee | None if balance requirement is met; otherwise $8 | None if balance requirement is met; otherwise $15 | $18/mo | None if balance requirement is met; otherwise $15 | None if balance requirement is met; otherwise $10 |
| Per Item Fee | First 150 items free (includes checks,deposits, items deposited), $0.30 per item thereafter | First 500 items free (includes checks, deposits, items deposited), $0.30 per item thereafter |
Checks/debits: $0.18 Deposits/credits: $0.30 |
First 500 items free (includes checks, deposits, items deposited), $0.30 per item thereafter | None |
| Monthly Earnings Credit* | No | No | Yes | No | No |
| Interest Bearing | No | No | No | Yes | No |
| Free Check Safekeeping | Yes | Yes | Yes | Yes | Yes |
| Your Choice of Paper or eStatements | Yes | Yes | Yes | Yes | Yes |
| 24-Hr Telephone Banking Access | Yes | Yes | Yes | Yes | Yes |
| Business Online Banking | Yes | Yes | Yes | Yes | Yes |
| Business Online Bill Pay | Yes | Yes | Yes | Yes | Yes |
| Business Debit Cards | Yes | Yes | Yes | Yes | Yes |
*Monthly Earnings credit used to Reduce or Eliminate Monthly Service Charges (the average positive available balance is reduced by a 10% reserve requirement)