Business Checking
Enjoy these FREE services with any Bank of Advance Business Checking Account:
- Online, Mobile, Text and Telephone Banking
- Electronic statements and notices (e-Docs)
- Account monitoring and fraud prevention through Yellow Hammer™ Fraud Detective
- Mastercard® debit card with SHAZAM® Falcon Fraud Detection Alerts
- Currency and coin orders
- Deposits are FDIC insured
Are you wondering what you need to bring with you to open your new business checking account?
| Small Business Checking | Business Checking | Business Plus Checking | Community Checking | Lawyer Trust Account | |
|---|---|---|---|---|---|
| Interest Bearing Account | No | No | Yes | No | Yes |
| Minimum Opening Deposit | $100 | $100 | $100 | $100 | $100 |
| Monthly Service Charge | $5 | $10 | $10 | None | $10 |
| Balance to Avoid Service Charge | $500 | None | $1,500 | None |
$1,000
|
| Monthly Per Item Fees | 300 items free; $0.20 per each additional item |
$0.10 per check written
$0.05 per On-us check deposited
$0.08 per Foreign check deposited
|
100 free checks;
$0.25 per each additional check written
|
100 free checks;
$0.25 per each additional check written
|
None |
| Statement Type | Free e-Docs or $3 per paper statement (with images) |
Free e-Docs or paper statement (with images) | Free e-Docs or paper statement (with images) | Free e-Docs or paper statement (with images) | Free e-Docs or paper statement (with images) |
| Online Banking BillPay Service | Free with enrollment in e-Docs or $3 per month | Free with enrollment in e-Docs or $3 per month | Free with enrollment in e-Docs or $3 per month | Free with enrollment in e-Docs or $3 per month | None |
| Learn More | Learn More | Learn More | Learn More | Learn More |
Daily Balance Method. We use the daily balance method to calculate interest. This method applies a daily periodic rate to the principal in the account each day.
Compounding and Crediting. Interest will be compounded and credited to the account monthly on the statement date for interest bearing checking and Money Market accounts. If the account is closed before the interest is credited, accrued interest will not be paid.
Accrual of Interest. Interest begins to accrue on the first business day after the day any non-cash deposit is made.
Check Reorder
Quickly and easily reorder your personal or business checks from your mobile device or computer.
Borrow for Your Business
You have a vision, and we have the tools to help you get there. Explore our business lending solutions.