Checking Services
A business account should help your company operate more efficiently. That's why Equitable Bank provides services that add value to your business no matter how large or small. Talk to one of our commercial bankers to find the perfect solution for your business.
| Business Checking Features |
Free Small Business Checking |
Small Business Checking | Business Checking | Business Money Market* |
| No fee flexibility for small businesses | High value, low cost option for small businesses | Analyzes total Equitable Bank relationships to offset transaction fees | Allows your business to maximize its excess funds | |
|---|---|---|---|---|
| Minimum Balance | None | None | None | None |
| Monthly Service Fee | None |
$6.00 (Waived if Average Daily Balance is greater than $500)
|
$10.00 (Waived if Average Daily Balance is greater than $3,000) |
$10.00 (Waived if Average Daily Balance is greater than $3,000) |
| Interest or Credit Earned Note - "balance" means collected balance |
None | Sole Proprietors may earn competitive interest on balance | Earnings Credit | Entire balance earns interest |
| Direct Teller Telephone Banking 24 Hour Telephone Banking service 877-832-6813 |
Yes - no additional charge | Yes - no additional charge | Yes - no additional charge | Yes - no additional charge |
| Business E-Banking** Online Banking at its best |
Yes - no additional charge | Yes - no additional charge | Yes - no additional charge | Yes - no additional charge |
| Online Bill Pay | Yes $3.00/month |
Yes $3.00/month |
Yes $3.00/month |
Yes $3.00/month |
| Debit/ATM Card Visa Check Card that's also an ATM card ($2.00 Foreign ATM Charges) |
Yes | Yes | Yes | Yes |
| Debit/Credit Charges (per statement cycle) Note - Items include checks, debits, and deposited checks |
100 Total Debits/Credits (Fees waived for non-profit accounts) |
200 Total Debits/Credits .15 per item thereafter |
.10 per Debit Item .05 per Credit Item |
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*No more than six pre-authorized transfers or withdrawals per month
**Additional charges apply for Basic Business E-Banking and Premium Business E-Banking.
