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Business Checking

At Altabank, we know that small businesses can be complex, but that doesn’t mean your checking account has to be.

Compare Our Business Accounts

Our suite of business checking accounts has been designed with companies like yours in mind. We offer simple online banking and low fees for small businesses, powerful cash management for larger companies, and high-interest checking accounts for generating interest. Compare our accounts below.

Features Simply Free Business Checking Business Account Analysis Business Interest
You need... An owner of a business and need a simple checking account to run your business. An owner of a mid-sized to large business with high transaction volumes and cash-management needs. A business owner who wants an interest-bearing account.
Minimum to open $0 $0 $1,500
No below-minimum- balance fee if you maintain a daily balance of $0 $0 $1,500 (or average monthly balance of $6,000)
Monthly below-minimum balance fee or Service Charge $0 $10 $6
Item Limits Up to 500 items Over 300 converts to analyzed Up to 500 items
Earnings Credit to offset expense N/A 20% 0%

Account Highlights

  • Easy-to-use online banking portal
  • 24/7 account support
  • Fraud prevention services
  • Low ATM withdrawal fees

Other fees such as overdraft, nonsufficient funds (NSF) fee, continuous overdraft, etc. may apply. See fee schedule for details.

Business Checking FAQs

To open a new business checking account, you will need:

  • Proof of business ownership and tax ID number. Specific requirements may vary based on your type of business, so call your local branch ahead of time if you have questions.
  • Personal Identification, such as a driver’s license.
  • Cash or check for the account’s minimum to open.
Bring the proper documentation to any Altabank branch and a team member will help you set up a new business checking account. Pair your new checking account with a Business Savings Account from Altabank to make the most of your balance.
Use the comparison table above for information on each of Altabank’s business checking accounts, or an Altabank team member can help you make an informed decision over the phone or in person. And don’t worry, we can help you switch your account to a different type of BizSmart™ checking account as your business needs change.

Other Business Services

Collect money on-site, online or remotely with Altabank’s receivables solutions that allow for fast processing and reduced administrative overhead.

Send money or spend money in the most efficient way possible with ACH, wires, online bill pay and Visa® cards.

Information & Cash Flow Management
Maintain liquidity and mitigate risk with insightful data and powerful automated tools.

Additional documents and/or state registration may also be required. Contact us at 1-800-815-2265 for further information.

*Unless specified otherwise, customer purchases checks. Other fees such as overdraft, continuous overdraft, etc. may apply. See fee schedule for details. Transaction items include all debits, credits, and deposited items. If the Totally Free Business Checking account exceeds 500 free monthly transaction items, $10,000 in monthly coin and currency deposits or withdrawals, including change orders, or requires additional regulatory oversight, the account may be changed to Business Analysis Checking which includes additional fees. Ask us for details. Bank rules and regulations apply.