Business Checking Accounts

Money management made easy
It’s your Advantage

Better Business Checking Gives You the Advantage

Whether your business is big, small, or growing, we have a Business Checking Account to meet your goals at any stage.

Benefits

All of our checking accounts offer:

Free ATM access

Get access to over 65,000+ fee free ATMs nationwide* so you can get cash where you need it.

Free Debit Mastercard

Each account comes with a free Debit Mastercard with no annual fee and purchase protection.

Online & Mobile Banking

All our accounts offer free Online and Mobile Banking for easy access no matter where you are.

Compare Our Business Checking Accounts

Best For

Best For
Monthly Fee

Monthly Fee
Pays Dividends

Pays Dividends
Minimum Opening Deposit

Minimum Opening Deposit

High-Yield Business Checking

Best For

Businesses who want a checking account that earns substantial interest rates.
Monthly Fee

No- never
Pays Dividends

Yes! Qualified Accounts earn 4.00% APY^
Minimum Opening Deposit

$0

Premier Business Checking

Best For

Businesses with larger transaction volumes
Monthly Fee

No – With $2,500 Average Daily Balance
Pays Dividends

Yes – $2,500 Average Daily Balance required to earn dividends
Minimum Opening Deposit

$0

Advantage Business Checking

Best For

Businesses that are just starting out
Monthly Fee

No – With $1,000 Average Daily Balance
Pays Dividends

No
Minimum Opening Deposit

$0

Nonprofit Business Checking

Best For

Nonprofits and Civic Organizations
Monthly Fee

No – never
Pays Dividends

Yes – $1,000 Average Daily Balance required to earn dividends
Minimum Opening Deposit

$0

Report Fraud or Lost/Stolen Cards

Do you suspect that your information was stolen, was your card lost, or has your information been compromised? Please contact us immediately:

1st Advantage Debit Cards

Report fraud, a lost/stolen card, or to re-pin your 1st Advantage Debit Card: 833-719-0355

1st Advantage Account

If you suspect that your 1st Advantage account has been compromised, contact us immediately at 757-877-2444.

Person looking at paperwork and a tablet

Today's Rates

Business Checking Accounts
Account Type	Dividend Rate	APY*	Min. to Open	Compounded/Credited	Min. to Earn APY*
Current APY as of 8/28/2024. Rates are subject to change at any time and are not guaranteed. For additional information on your account please refer to the Business Fee Schedule. ^APY = Annual Percentage Yield. Qualified accounts earn up to 4.00% APY on balances up to $7,500 and 0.05% APY on balances over $7,500. Non-Qualified account balances earn 0.05% APY. Qualified accounts must have 10 or more posted Debit Card transactions (excluding ATM transactions) per month and eStatements. Failure to meet any one of these requirements during a calendar month will cause the account to default to the Non-Qualified account rate of 0.05% APY. APY as of 8/12/2024 and is subject to change. Dividends compounded monthly. No minimum balance to open. Fees may reduce earnings. This offer can be withdrawn at any time.
Account Type Advantage Business Checking	Dividend Rate n/a	APY* n/a	Min. to Open None	Compounded/Credited n/a	Min. to Earn APY* n/a
Account Type Non-Profit Business Checking	Dividend Rate 0.05%	APY* 0.05%	Min. to Open None	Compounded/Credited Quarterly/Quarterly	Min. to Earn APY* $1,000
Account Type Premier Business Checking	Dividend Rate 0.05%	APY* 0.05%	Min. to Open None	Compounded/Credited Quarterly/Quarterly	Min. to Earn APY* $2,500
Account Type High-Yield Business Checking	Dividend Rate up to 3.928%^	APY* up to 4.00%^	Min. to Open None	Compounded/Credited Monthly	Min. to Earn APY* n/a

Get Answers to Your Questions

To open a business checking account for a Sole Proprietorship, you will need to complete a Business Membership Application and Agreement and provide an SSN or EIN, a Business License with the business and owner’s name, and the NAICS code related to your business. You will also need an active registration with the State Corporation Commission. All majority business owners and authorized signers should be present at account opening.

To open a business checking account for a Limited Liability Company, you will need to complete a Business Membership Application and Agreement and provide an EIN, Articles of Organization, and the NAICS code related to your business. You will also need an active registration with the State Corporation Commission. All majority business owners and authorized signers should be present at account opening.

To open a business checking account for a Corporation, you will need to complete a Business Membership Application and Agreement and provide an EIN, Articles of Incorporation, and the NAICS code related to your business. You will also need an active registration with the State Corporation Commission. If a non-profit, a 501-C filing is also needed. All majority business owners and authorized signers should be present at account opening.

To open a business checking account for an Unincorporated Association, you will need to complete a Business Membership Application and Agreement and provide an EIN, minutes from the last meeting on association letterhead, and the NAICS code related to your business. You will also need an active registration with the State Corporation Commission. All majority business owners and authorized signers should be present at account opening.

To open a business checking account for a Partnership, you will need to complete a Business Membership Application and Agreement and provide an EIN and minutes from the last meeting on association letterhead. You will also need an active registration with the State Corporation Commission. All majority business owners and authorized signers should be present at account opening.

Can’t find what you’re looking for? See all our FAQs or contact us.

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