Business Checking Accounts
One size doesn’t fit all when it comes to the needs of your business. That’s why Addition Financial offers several business checking account options. Whether you’re just getting started with a few transactions a month or want to earn interest on your balance, we can help. We even have an account designed specifically for the needs of nonprofit organizations.
How Do Our Business Checking Accounts Compare?
Depending on the size of your business, there's a checking account option for you.
| Features & Benefits | Access Checking | Essential Checking | Enterprise Checking | Nonprofit Checking |
|---|---|---|---|---|
| Minimum opening deposit of $25 | ||||
| 250 combined transactions per month free⁴ | ||||
| 100 combined transactions per month free² | ||||
| Contactless payment with Tap to Pay | ||||
| No monthly service fee | ||||
| No monthly service fee with average daily balance of $25,000+ OR $100,000+ in business loan balances OR 20+ (non-ATM) debit card transactions per month; otherwise, $20 monthly service fee⁵ | ||||
| Shared Branch Network | ||||
| No transaction fees | ||||
| Merchant Services | ||||
| No monthly service fee with average daily balance of $10,000+ OR $25,000+ in business loan balances; otherwise, $10 monthly service fee³ | ||||
| Earn dividends on a balance of $25,000 or more | ||||
| No minimum balance requirement | ||||
| Top-rated Digital Banking | ||||
| 24/7 online and mobile account access | ||||
| 25 combined transactions per month free¹ | ||||
| Minimum opening deposit of $100 or more | ||||
| Minimum opening deposit of $50 or more | ||||
| Earn dividends on a balance of $50,000 or more | ||||
| P2P transfers through Bill Pay | ||||
| Payroll Services |
2Item processing charge includes check writing, deposits, deposited items, ACH transactions, Shared Branching, and Bill Payer.
3Fee will be assessed if the average daily balance is less than $10,000 OR loan balances of at least $25,000 is not maintained and in good standings on the account.
4Item processing charge includes check writing, deposits, deposited items, ACH transactions, Shared Branching, and Bill Payer.
5Fee will be assessed if the average daily balance is less than $25,000 OR loan balances of at least $100,000 is not maintained and in good standings OR at least 20 debit card transactions are not performed (ATM transactions not included) on the account.
Additional Support for Your Business
Beyond checking, we're here to provide everything you need to grow your business.
Payroll Services
Streamline your payroll processes so you can spend less time worrying about payroll details and more time doing what you’re in business to do. Through our partnership with Paychex, we can help connect you to convenient payroll services you can count on.
Merchant Services
Make it easy for customers to pay you with electronic point-of-sale payment systems, secure transaction processing and more. Addition Financial partners with Electronic Merchant Systems® to offer flexible and affordable payment processing solutions for your business.
Business Loans
Whether you need more dough for your bakery, more Benjamins for your bike shop or more bones for your medical practice, Addition Financial has you covered.
Business Rewards Credit Card
Buy what you need and get what you want with a credit card that offers low rates, reward points on every purchase, no annual fee and no balance transfer fee. Take advantage of our special introductory offer!
Understanding Your Options: Securing Capital for Your Business
Every business needs working capital to survive. We've created this guide that explains what you need to know about securing capital for your business.
8 Realistic New Year Business Goals & Objectives
Before you set your new year business goals and objectives, you’ll need to look at where your business stands now.
How Does a Dividend-Bearing Checking Account Work?
When you choose a checking account, you’re not just picking a place to keep your money. You’re also choosing a tool that can help you manage your money and even, in some cases, add to your income with dividends.