Business Checking
For many businesses, the first step is setting up a checking account. American Bank of Commerce wants to support your business with a checking plan that aligns with your needs. We can work with you to determine which checking account works best.
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Small Business Checking
Account Description & Benefits: This account is designed for all types of businesses and organizations that have a lower-volume of activity and transactions.
Interest Bearing - Minimum Daily Balance required to obtain the annual percentage yield No Service Charges
Daily Balance during statement cycle determines service charge:
$0 – $999.99 = $10
$1000 + = $0Over 100 debits/checks = .20/item
Over 200 credit items = .20/itemEligibility Business Minimum Opening Deposit $50 Transaction Limitation Unlimited Debit Card - additional fees may apply, a full fee schedule is available at any branch Yes -
BUSINESS CHECKING
Account Description & Benefits: A full-service checking account for partnerships, corporations, associations and individuals engaged in business or professions.
Interest Bearing - Minimum Daily Balance required to obtain the annual percentage yield No Service Charges
Account Analysis: Accounts are analyzed monthly to assess service charges based on account activity and earnings credit.Your earnings credit, based on average investable balance of account, may offset monthly service charge.
Eligibility Business Minimum Opening Deposit $50 Transaction Limitation Unlimited Debit Card - additional fees may apply, a full fee schedule is available at any branch Yes -
NOW CHECKING
Account Description & Benefits: An interest bearing account with the ability to write checks for Sole proprietorships and/or nonprofit organizations.
Interest Bearing - Minimum Daily Balance required to obtain the annual percentage yield Yes Service Charges
Daily balance during statement cycle determines service charge:
$0 - $999.99 = $10.00
$1,000 + = $0Eligibility Sole Proprietors and nonprofit organizations Only Minimum Opening Deposit $1,000 Transaction Limitation Unlimited Debit Card - additional fees may apply, a full fee schedule is available at any branch Yes -
MONEY MARKET BUSINESS CHECKING
Account Description & Benefits: Savings account with check writing privileges.
Interest Bearing - Minimum Daily Balance required to obtain the annual percentage yield Yes Service Charges
Daily balance during statement cycle determines service charge:
$0 - $1,499.99 = $10.00
$1,500 + = $0A withdrawal fee of $5 will be charged for each withdrawal in excess of ten (10) during each monthly statement cycle.
Eligibility Business Minimum Opening Deposit $1,500 Debit Card - additional fees may apply, a full fee schedule is available at any branch Yes
ABC Bank is committed to your business needs!
Please call us toll free at 1.888.902.2552 for assistance.
Additional Business Services:
- Business Banking Team
- Checking
- Credit Cards
- Lending
- Small Business Lending
- Treasury Management
- Contact Us