THE BEST ACCOUNT FOR YOUR COMPANY
Business Checking Account
Open a business checking account that offers competitive dividend earnings, low recurring charges, online banking, bill pay and employee direct deposit.
Compare our business checking accounts
| Business Essential Checking Account | Business Growth Checking Account | Nonprofit Checking Account | |
|---|---|---|---|
| Simplified checking for businesses with minimal transaction needs | Checking for growing businesses (choose earning dividends or earning credits) | Checking for nonprofit organizations only | |
| Monthly maintenance charge | |||
| Monthly maintenance charge | $5 | $15 | $0 |
| How to waive maintenance charge | |||
| How to waive maintenance charge | Receive your statement electronically through eStatements | For accounts earning dividends: $5,000 avg. daily balance, for accounts with earnings credit: earnings credit offsets transaction and service charges1 | N/A |
| Checks deposited & cleared | |||
| Checks deposited & cleared | No charge2 | 300 combined items per month, each additional item is 10¢ per item | Unlimited |
| Cash/coin handling | |||
| Cash/coin handling | No charge2 | 35¢ per $1,000 after the first $10,000 per month3 | Unlimited |
| Sweep account available | |||
| Sweep account available | | | |
| Online business banking included | |||
| Online business banking included | | | |
| Bill pay included | |||
| Bill pay included | | | |
| Business debit card included | |||
| Business debit card included | | | |
This information is provided for illustration only. It does not replace information contained in the Membership Agreement, which governs the terms of your account and the Business and Organization Checking Plans.
Business checking account FAQs
What is needed for a business checking account?
To open a business checking account, you will typically need:
- Government-issued picture identification
- Business licenses
- State-filed articles of incorporation
- Tax identification number
- DBA name registration (if applicable)
How much is a business checking account?
Depending on the business checking account you open, the monthly maintenance charge ranges from $0 to $15.
Can I open a business checking account online?
You can easily open a business checking account by visiting your local branch, making an appointment online or by calling 1-888-845-1850.
Give your business the comptetitve edge
Improve your productivity and streamline your finances with cash management tools, online banking and payroll services.
Cash management
Merchant services
Credit cards
Fraud prevention
Monitor your accounts, set up alerts and protect your business from unauthorized transactions.
Learn more
Learn more
Human resources & payroll services
Business insurance
We shop premium insurance companies to find competitive pricing for the coverage you need.
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Learn more
Business Essential Checking
This basic checking account covers all your business needs, from deposits to cash/coin handling and debit card access.
Business Growth Checking
For advanced checking needs, this account includes sweep accounts, employee direct deposit, business remote deposit and more.
Nonprofit Checking
With nonprofit checking, you'll get a premium small-business checking account without standard fees and charges.
Business Sweep Accounts
Establish thresholds that sweep excess funds into an interest-bearing account from your checking account.Client Trust Accounts
Better serve your clients by establishing a trust account from Mountain America.
Outsource or In-House?
Ask yourself early on what you’re good at and where you might need outsourced help.
*On approved credit.
1. An earnings credit will be calculated on the collected average daily balance. The earnings rate is determined monthly by the credit union. Charges are subtracted from the earnings credit. A negative net difference will result in a net charge for that statement cycle. A positive net difference results in no charges for that statement cycle. Positive net differences are not paid to the account or carried forward to the next statement cycle, but they may be combined with the analysis results of other checking accounts of the business.
2. If combined monthly items deposited and cleared exceed 300 or aggregate monthly cash/coin exceeds $10,000 per month for two consecutive months, the account will be converted to a Business Growth Checking account.
3. Cash or coin transaction processing for deposits or withdrawals. Charges are based on aggregated deposits and withdrawals that exceed $10,000 per month. Simple application required; on approved credit (OAC).To order checks, click here
