Business Checking

Compare Checking Accounts

Compare Business Checking Accounts
FeaturesSimply Free Business CheckingBusiness Interest CheckingInterest on Lawyers Trust Account (IOLTA)
Minimum BalanceN/A$1,500N/A
Opening Deposit Fee$25$25N/A
Free Digital BankingYesYesYes
Earns InterestN/AYesYes
How to OpenApply Now for a Simply Free Business Checking account
Learn More about Simply Free Business Checking accounts
Apply Now for a Business Interest Checking account
Learn More about Business Interest Checking accounts
Apply Now for an Interest on Lawyers Trust Account (IOLTA) account
Learn More about Interest on Lawyers Trust Accounts (IOLTAs)

    Simply Free Business Checking Account

    All of the essentials you need to run your business, none of the fees. So you can run your business, no matter the size, from anywhere with a financial partner who is always by your side.

    Details:

    • $25 minimum deposit to open
    • No monthly maintenance fees
    • No minimum balance requirement
    • Unlimited, free transactions
    • No per-item fees
    • Immediate credit for deposited funds
    • Free digital banking
    • Free AF debit Mastercard
    • Merchant card services available

    Business Interest Checking Account

    This account goes beyond the basics, and was designed to help your sole proprietorship or non-profit earn a little more while giving you the ease and convenience of a bank account with all the essentials.

    • Available to sole proprietors and non-profits only
    • $1,500 minimum balance requirement
    • $5 monthly maintenance fee, when balance drops below the minimum
    • $25 minimum deposit to open
    • Earn interest on entire balance above $1
    • Tiered interest for higher rates on larger balances
    • Unlimited, free transactions
    • Immediate credit for deposited funds
    • Free digital banking
    • Free AF debit Mastercard
    • Merchant card services available

    Interest on Lawyers Trust Account (IOLTA)

    As your financial partner, we believe everyone should have the tools they need to do good and support their goals. Our IOLTA account is available for law firms and provides civil legal assistance for Pennsylvania’s poor and disadvantaged.

    Details:

    • Interest earned paid to PA IOLTA
    • No minimum balance to earn interest
    • Unlimited check writing
    • Free digital banking