Business Checking
At Altabank, we know that small businesses can be complex, but that doesn’t mean your checking account has to be.
Every New Business Checking Account includes:
- FREE VISA® Debit Card
- FREE Basic Online Banking & Bill Pay
- FREE eStatements
Compare Our Business Accounts
Our suite of business checking accounts has been designed with companies like yours in mind. We offer simple online banking and low fees for small businesses, powerful cash management for larger companies, and high-interest checking accounts for generating interest. Compare our accounts below.
| Features | Totally Free Business Checking | Simply Business Checking | Commercial Checking |
|---|---|---|---|
| Minimum to Open | $0 | $0 | $0 |
| Free Items Per Statement Cycle |
0 - 200 FREE items
No excess item fee |
0 - 500 FREE items Excess item fee $0.50 per item over 500 |
See Account Details section |
|
Free Cash/Coin Deposits, Withdrawals
and Changes Orders Per Statement Cycle
|
$10,000 No excess item fee |
$10,000 Excess cash fee of 0.12% for cash over $10,000 |
See Account Details section |
Account Details
Totally Free Business Checking
- 200 FREE items per statement cycle
- No minimum balance
- No monthly service charge
- Up to $10,000 per statement cycle FREE in coin and currency deposits or withdrawals, including change orders
Simply Business Checking
- No minimum balance
- Up to 500 FREE items per statement cycle
- Up to $10,000 per statement cycle FREE in coin and currency deposits or withdrawals, including change orders
- Excess item and cash over limit fees apply
Commercial Checking
- Eligible for earnings credit from deposit balances which may offset monthly service charge
- Standard fees include: $10 Monthly maintenance fee, 0.012% deposit protection assessment fee (on monthly avg collected balance per acct up to $250,000) plus account activity fees; $0.10 per debit, $0.25 per credit, $0.10 deposited items, cash and loose coin $0.10 per $100, rolled coin $0.05 per roll
- Business Online Banking with customized Treasury Management Solutions available
- Other fees may apply as additional service are selected
Items include all debits, credits, and deposited items. If the account exceeds the free items per statement cycle, $10,000 in coin and currency deposits or withdrawals per statement cycle, including change orders, or requires additional regulatory oversight, the Totally Free Business account may be changed to Simply Business Checking and Simply Business Checking may be changed to Commercial Checking both of which include additional fees.
Unless specified otherwise, customer purchases checks. Other fees such as overdraft, continuous overdraft, etc. may apply. See fee schedule for details. $25 for checks and debit cards from another financial institution. Your account will be credited at the time checks/debit cards are presented. Free gift provided at the time of account opening. Ask us for details. Bank rules and regulations apply.