Southern Bank’s Commercial Checking account is a fully analyzed, robust account option with low per-item fees on transactions. It is ideal for businesses with high transaction volume and more complex needs. Enjoy convenient account management tools as well.
Commercial Checking Accounts
Flexible and fully analyzed.
Account Details
Here's what you can expect:
- Fully Analyzed
- Low per-item fees on transactions
- $500 minimum deposit to open
- Earnings credit allowance may reduce or offset fees
With a Commercial Checking account, you earn a 1% credit on your average available balance each monthly statement cycle. This credit can then be used to offset the fees associated with writing checks, wire transfers, withdrawals, and other transactions. At the end of each statement cycle, you can request an analysis statement that details exactly what fees were charged to your account and how much of your credit was used to pay for those fees.
If you’ve outgrown a general business banking account, it might be time to make the switch to Commercial Checking. With this account, you can put your larger balance to work for you, and you may be able to avoid paying for daily transaction fees altogether.
It’s important to note that the credit you earn on a Commercial Checking account is not interest, so if you’re looking to earn extra money, a savings or money market account might be a better fit.
Cash Management
Add these services to help run your business.
Provide direct deposit for your employees, pay federal taxes, collect customer payments, reconcile accounts, manage cash flow, and more from one convenient location inside online banking. Learn More >
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Features
Every Commercial Checking Account comes with these FREE features:
Online Banking
Mobile Banking
Mobile Deposit
Mastercard® Debit Card
Return of Check Images
Electronic statements