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.
| Features | Detail |
Min. Balance | Monthly Service Fee | Interest or Credit Earned | Direct Teller Telephone Banking | eBanking** | Online Bill Pay | Debit/ATM Card | Debit/Credit Charges |
|---|---|---|---|---|---|---|---|---|---|
| Free Small Business | No fee, flexibility for small businesses |
No | None | None | Yes - no additional charge |
Yes - no additional charge |
No | Yes | 100 Total Debits/Credits .25 per item thereafter (Fees waived for non-profit accounts) |
| Small Business | High value, low cost option for small businesses |
No | $6 (Waived if Average Daily Balance is greater than $500) |
Sole Proprietors may earn competitive interest on balance |
Yes - no additional charge |
Yes - no additional charge |
No |
Yes |
200 Total Debits/Credits .15 per item thereafter |
| Business Checking | Analyzes total Equitable Bank relationships to offset transaction fees |
No | $10 (Waived if Average Daily Balance is greater than $3,000) |
Earnings Credit |
Yes - no additional charge |
Yes - no additional charge |
No |
Yes |
.10 per Debit Item .05 per Credit Item |
|
Business
Money Market* |
Allows your business to maximize its excess funds | No | $10 (Waived if Average Daily Balance is greater than $3,000) |
Entire balance earns interest | Yes - no additional charge |
Yes - no additional charge |
No |
Yes |
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*No more than six pre-authorized transfers or withdrawals per month
**Additional charges apply for Basic Business eBanking and Premium Business eBanking
**Additional charges apply for Basic Business eBanking and Premium Business eBanking
