Are you using the right business checking account? Your business size, industry, and transaction history factor into the optimal account with the best value. At Main Street Bank, our business solutions experts can advise you on the right checking account that will allow you to run your business finances with ease.
|Business Basic Checking||Business Premium Checking||Business Advantage Checking||Corporate Analysis Checking|
|Minimum daily balance||None||$10,000 to avoid fees||None||None; must be on analysis|
|Per check paid fee||None under 150 items*||$0.15 per check paid if balance below $10,000||$0.20 per check paid||$0.15 per check paid|
|Per check deposited fee||None||$0.09 per deposited item if balance below $10,000||$0.09 per deposited item||$0.09 per deposited item|
|Per deposit fee||None under 150 items*||$0.60 if balance below $10,000||$0.50||$0.60|
|Per ACH credit/debit fee||None||$0.10 if balance below $10,000||$0.10||$0.10|
|Monthly fee||None if enrolled in e-Statements; $10.00 if not enrolled in e-Statements||$10.00 if balance below $10,000||$8.00||$10.00|
*150 items are a combination of checks paid from and deposits made into a Business Basic Checking account.
See our Business Summary of Fees.
Business Basic Checking
Let us give your business a leg-up! If you are looking to avoid a monthly maintenance fee and enjoy the convenience of e-statements, our Business Basic Checking account is a great option for you.
Check out these benefits:
- No minimum balance requirement
- No per item or deposit fee under 150 items
- No monthly fee if enrolled in e-statements
If you exceed 150 items, the following fees apply:
- $ .50 per check paid
- $ .50 per deposit
Business Advantage Checking
This account combines competitive interest rates and effective money management, and is a great solution for businesses with larger checking account balances looking to earn interest.
Corporate Analysis Checking
Ideal for commercial accounts that taking advantage of our Cash Management services, or for businesses that keep larger balances in their accounts.
This account offers unlimited transactions and a competitive Earnings Credit*, which can reduce or offset monthly fees.
Companies with multiple checking accounts can benefit by combining accounts on analysis to increase average balances and earnings credit. This helps to reduce or eliminate fees.
*Earnings Credit is earned based on monthly average collected balances. Contact our Cash Management Department for more details.