THREE SECURE AND CONVENIENT ACCOUNT OPTIONS
Business Checking Accounts
Open a business checking account that offers competitive dividend earnings, low recurring charges, online banking, bill pay and employee direct deposit.
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 options, 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.
Compare our business checking accounts
Mountain America offers three checking options so you can choose an account tailored to your company's needs.
| 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 |
| 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 | | | |
Give your business the competitive edge
Improve your productivity and streamline your finances with cash management tools, online banking and payroll services.
Cash management
Optimize cash flow with payments, direct deposit and wire transfer services.
Merchant services
Accept card payments with one of our secure processing solutions.
Credit cards
Get the convenience and flexibility of credit to keep your business running smoothly.
Fraud prevention
Monitor your accounts, set up alerts and protect your business from unauthorized transactions.
Human resources & payroll services
Manage talent acquisition, payroll and a productive workforce.
Business insurance
We shop premium insurance companies to find competitive pricing for the coverage you need.
Business checking 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.
Other account types
Business Sweep Accounts
Establish thresholds that sweep excess funds from your checking account into a dividend-bearing 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.
- 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.
- 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.
- 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).
