Compare Business Checking Accounts
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Compare the products below to learn more.
Learn More | Business Foward CheckingTM |
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Account Summary | Ideal for most small to mid-sized businesses. Provides businesses with value-priced flexibility to efficiently manage your business. | Created for sole proprietors and non-profits maintaining high balances and looking to earn interest. | Designed for larger businesses or businesses with comprehensive Cash Management needs. |
Monthly Transactions Included |
500 free - 50 cents per additional item | 300 free - 50 cents per additional item | See Banker for details |
Monthly Maintenance Fee (if applicable)2 | $5 | $15 | $25 |
How to Avoid Monthly Maintenance Fee | Maintain a $500 average daily balance | Maintain a $2,500 average daily balance | Earnings credit may reduce or offset fee |
Earns Interest3 | No | Yes | No |
Consolidated Billing via Account Analysis with Earnings Credit to Offset Fees4 | No | No | Yes |
Cash Management Services | Cash Flow Solutions6 | Cash Flow Solutions6 | Full Suite of Cash Management Solutions7 |
Online Banking with Mobile and Bill Pay5 | Yes | Yes | Yes7 |
Instant-issue Debit Card6 | Yes | Yes | Yes |
Minimum to Open | $50 | $50 | $50 |
1 Transactions include checks paid, ATM withdrawals and deposits, POS transactions, electronic debits and credits, deposits and deposited items.
2 Fees can be offset by maintaining average monthly balance or via earnings credit.
3 Earn interest on your balance. Interest rates are variable and subject to change after account opening.
4 An additional monthly statement provided that lists transactions by type for your review to better understand your account activity.
5 With Corporate Online Banking you can view real-time account activity, and balances, make transfers and bill payments, and more from anywhere with internet access.
6 Cash Flow Solutions offers businesses with basic cash management needs a valued-priced solution. Please see a banker for details.
7 Salem Five offers comprehensive Cash Management Solutions designed to meet the needs of large businesses and those with needs exceeding the Cash Flow Solution. See a banker for details.