Business Checking Accounts
Basic Business Checking
The perfect account for businesses with limited account activity or lower average balances.
Minimum to open:
Minimum amount to open — $100
Minimum balances and fees:
- No monthly maintenance fee
- No monthly minimum balance requirement
Account features and benefits:
- No charge for the first 300 items processed per month, including debits/checks, credits/deposits and deposited items
- $0.40 fee for each additional item over 300
- Imaged checks and deposit slips with monthly statement
- Free online banking with bill payment option
- Free 24–hour bank–by–phone
Third Coast Business Checking
A full–service business checking account for businesses with higher activity volume or higher average balances.
Minimum to open:
Minimum amount to open — $100
Minimum balances and fees:
- No monthly minimum balance requirement
- Monthly account maintenance fee only $12.00
- Monthly transaction fees:
- Checks/debits posted (each) — $0.14
- Deposits/credits posted (each) — $0.35
- Items deposited — $0.08
Account features and benefits:
- Unlimited withdrawals and deposits
- Monthly fee and per–item charges are calculated by account analysis. Fees may be directly offset with an earnings credit based on collected account balances*
- Imaged checks and deposit slips with monthly statement
- Free online banking with bill payment option
- Free 24–hour bank–by–phone
*Earnings credit based upon average collected balance, less 10% reserve, multiplied by the average 90–day T–bill discount rate.
Commercial Checking with Interest (NOW)
A full–service business checking account for organizations that legally may earn interest. Non–profit corporations and sole proprietary businesses are eligible for this account.
Minimum to open:
Minimum amount to open — $100
Monthly fee:
- Minimum daily balance to avoid maintenance fee — $3,000
- Average daily balance to avoid maintenance fee — $6,000
- Monthly account maintenance fee only $15.00
Interest (See us for current rates):
- Interest earned on daily collected balances and paid monthly**
Account features and benefits:
- No monthly maintenance fee when minimum balance requirements are met
- Unlimited withdrawals and deposits
- Imaged checks and deposit slips with monthly statement
- Free online banking with bill payment option
- Free 24–hour bank–by–phone
** Interest rates are subject to change.
Equal Housing Lender