Persons Banking Company takes pride in supporting our local small businesses. We offer a variety of small business checking solutions for those in every stage of entrepreneurship.
Keep reading to learn more!
Small Business Checking Account Holder Benefits
Each account at Persons Banking Company includes the following free benefits:
- Business debit card and CardValet (link)
- Online banking
- Bill pay
- Mobile banking
- eStatements with online check images
And when you open your account, Persons Banking Company will also buy back your unused checks and debit cards from your former financial institution.
Related: Small Business Spotlight – The Web
Option 1: Commercial Analysis Checking
If you have more than 1,000 transactions per month, the Commercial Analysis Checking account is the way to go.
This account, designed for businesses with more complex banking needs, offers:
- An earnings credit allowance on deposit balances, which may offset activity fees
- A low monthly service charge–just $15–if the balance falls below $2,500
- .12 cent transaction items, and
- Coin and currency deposits at just $1 per $1,000
Option 2: Business Interest Checking
If you’re a sole proprietorship or non-profit, consider opening a Business Interest Checking account.
This account is designed for entities that can ensure a daily minimum balance of $1,500 and includes:
- 1,000 free monthly transaction items
- Competitive interest
- A $1,500 minimum daily balance to avoid a low monthly fee of $8, and
- Up to $10,000 currency deposited per month, free of charge
Option 3: Free Business Checking
This checking account is ideal for most businesses. If you plan to have a minimum daily balance of $1,500, consider Free Business Checking, which offers:
- 1,000 free monthly transaction items
- No minimum balance
- No monthly service charge, and
- Up to $10,000 currency deposited per month free
To Sum It Up
- Persons Banking Company offers a variety of checking accounts for those in any stage of entrepreneurship.
- Each checking account offered includes a variety of enticing benefits, including free online banking, bill pay, and mobile banking.
- The Commercial Analysis account is designed for business with more complex banking needs.
- The Business Interest checking account is designed for sole proprietorships and not-for-profit organizations.
- The free business checking account is ideal for most small businesses.
For more information about our small business banking solutions, call your neighborhood Persons Banking Company. For a list of branch locations and contact information, click here.