Customers have recently reported fraudulent phone calls pretending to be Traditions Bank, in which customers are being asked to provide card numbers and other personal information. As a reminder, neither Traditions Bank nor any other financial institution will ask for your complete card information when verifying fraud on your Traditions Bank account.
Types of Business Checking Accounts
No matter what the size of your business, Traditions Bank has products that will help your organization reach its goals. From free checking accounts to more complex accounts, our Commercial Banking Team will work with your team to find just the right account or combination of accounts to meet your needs.
Sole proprietors and nonprofits also qualify for Free Business Interest Checking!
Learn about all of the options by reading below or contacting a member of our Commercial Banking Team today!
Free Business Checking
Free Business Checking
- No minimum balance
- No monthly service fee
- Free debits/credits/deposited items up to 150 items per month ($0.50 per item if over 150)
- Free Online Banking
- Free Business Debit Card
- Free transaction download to QuickBooks/Quicken/Microsoft Money/Excel
- Free Online Bill-Pay
- Overdraft protection available
Free Business Interest Checking
- Available for sole proprietors and nonprofits only
- Includes all details listed under Free Business Checking
- Tiered interest rates
Business Checking with Interest as of December 20, 2024Rates may change without notice.
| Balance | Interest Rate | APY* |
| $0.01 to $99,999.99 | 0.05 | 0.05 |
| $100,000 & Over | 0.05 | 0.05 |
*Annual Percentage Yield (APY) is subject to change after account is opened. Fees could reduce earnings. Minimum balance to open account is $100.
Relationship Business Checking
Relationship Business Checking
- $10,000 average ledger balance or $50,000 of combined average monthly business balances including Checking, Savings, or Money Market required ($15 monthly service fee if below)
- No monthly maintenance fee if above balance requirements are met
- Free debits/credits/deposited items up to 300 items per month ($0.25 per item if over 300)
- Free Online Banking
- Free Business Debit Card
- Free transaction download to QuickBooks/Quicken/Microsoft Money/Excel
- Free Online Bill-Pay
- Overdraft protection available
Relationship Business Interest Checking
- Available for Sole Proprietors and Non-Profits
- Includes all details listed under Relationship Business Checking
- Tiered interest rates
Business Checking with Interest as of December 20, 2024Rates may change without notice.
| Balance | Interest Rate | APY* |
| $0.01 to $99,999.99 | 0.05 | 0.05 |
| $100,000 & Over | 0.05 | 0.05 |
*Annual Percentage Yield (APY) is subject to change after account is opened. Fees could reduce earnings. Minimum balance to open account is $100.
Analysis Business Checking
Analysis Business Checking
- $20 monthly service fee
- No balance requirement
- Earnings credit on balances
- Per item charges apply
- See a Relationship Manager for additional details
Compare
*Available for Sole Proprietors and Nonprofits only
Business Checking Comparison Chart
| Free | Free Interest* | Relationship | Relationship Interest | Analysis | |
| Balance Requirement | No minimum balance | $10,000 average ledger balance or $50,000 of combined average monthly business balances including Checking, Savings, or Money Market required | No minimum balance | ||
| Service Fee | No monthly service fee | No monthly maintenance fee if above balance requirements are met ($15 monthly service fee if below) | $20 monthly service fee | ||
| Transaction Limits | Free debit/credits, deposited items up to 150 items per month ($0.50 per item if over 150) | Free debit/credits, deposited items up to 300 items per month ($0.25 per item if over 300) | Per item charges apply | ||
| Interest | N/A | Tiered interest rates (see below) | N/A | Tiered interest rates (see below) | Earnings credit on balances |
Business Checking with Interest as of December 20, 2024Rates may change without notice.
| Balance | Interest Rate | APY* |
| $0.01 to $99,999.99 | 0.05 | 0.05 |
| $100,000 & Over | 0.05 | 0.05 |
*Annual Percentage Yield (APY) is subject to change after account is opened. Fees could reduce earnings. Minimum balance to open account is $100.