Checking Accounts Built for Business Owners
No two businesses have the exact same needs for their checking account. At The Bank of New Glarus, we believe in giving you the power of choice when it comes to your business checking account. We offer three accounts for you to choose from. No matter the size of your business, our business banking team will help you find the right account to allow you to access your business’s money when you need it. Contact your local branch office to speak with our business banking team about opening a business checking account.
Compare Your Business Checking Account Options
Account | Who This Account is For | Minimum Balance Requirement | Account Fees | Account Benefits |
---|---|---|---|---|
Basic Business Checking | Small businesses that will have fewer than 400 transactions per month. | None | $0.25 fee for each deposit after 200 free deposits each month $0.25 fee for each withdrawal after 200 free withdrawals each month | 200 free deposits per month 200 free withdrawals per month No monthly service fees |
Business Checking | Medium to large businesses that want to take advantage of an earnings credit to offset monthly charges. | None | $7.00 monthly service fee $0.17 fee per withdrawal $0.10 fee per deposit and per check deposited drawn from another financial institution | Earnings credit can offset monthly fees |
Right Now Business Checking | Non-profit organizations looking to earn interest on their checking account. | None | None | No monthly service charge Earn interest on daily balances over $1,000 eStatements are required for this account |
Business Checking Account Features
Each of these features are available on every business checking account offered at The Bank of New Glarus:
- Unlimited check writing
- Free access to online banking**
- Free access to online bill pay**
- Business debit card***
- Online cash management capabilities***
- Remote deposit***
- Free safekeeping of checks
- Convenient month-end cutoff for statements
** No fees or charges imposed by the Bank for using online banking or electronic bill pay services offered through The Bank of New Glarus.
***Application and approval required.