Compare Business Checking Accounts

The right tools to run your business efficiently.

Business Interest Checking

  • Monthly Interest Paid
  • Free Visa® Debit Card
  • Free Online Banking
  • Monthly Bank Statement with Check Images
  • No Charge for the First 500 Items Processed
  • Monthly Service Charge: $10 if balance falls below $2,500
  • $2,500 Minimum Deposit to Open

Small Business / Not for Profit Checking

  • Free Visa® Debit Card
  • Free Online Banking
  • Monthly Bank Statement without Images
  • No Minimum Balance
  • No Monthly Service Charge
  • No Charge for the First 100 Items Processed
  • $100 Minimum Opening Deposit

Traditional Business Checking

  • Free Visa® Debit Card
  • Free Online Banking
  • Monthly Bank Statement with Check Images
  • No Monthly Charge with $2,000 Minimum Balance
  • Low Transaction Processing Fee: $0.10 per item
  • Earnings Credit to Offset Charges
  • $100 Minimum Opening Deposit

Frequently Asked Questions

What are the requirements to open a business checking account at Flanagan State Bank?

To open a business checking account with us, you’ll need to provide a valid form of identification, such as a driver’s license or passport, along with your business’s tax identification number. Additionally, you should bring proof of your business’s legal structure, such as articles of incorporation or partnership agreements.

What is the minimum deposit required to open a business checking account?

The minimum deposit to open a business checking account at Flanagan State Bank is $100. This initial deposit helps ensure that your account is properly funded and ready to meet your business’s banking needs.

What features and benefits come with a business checking account at Flanagan State Bank?

Our business checking accounts offer a range of features and benefits tailored to meet the needs of businesses in our community. These include unlimited check writing, online banking access, free eStatements, overdraft protection options, and the ability to link your account to other business banking services like Remote Deposit and ACH Origination.

Can I access my business checking account online?

Yes, Flanagan State Bank offers convenient online banking access for our business checking customers. With our Business Manager online banking platform, you can securely manage your account, view transaction history, make transfers, and pay bills from anywhere at any time.

How can I initiate ACH payments and collections with my business checking account?

Flanagan State Bank offers ACH Origination services which allow businesses to initiate electronic payments and collections. Through our ACH Origination service, you can securely transmit funds electronically, whether it’s to pay your vendors or collect payments from your customers, improving efficiency and reducing paperwork.

What is Remote Deposit, and how does it work for businesses?

Remote Deposit is a service provided by Flanagan State Bank that allows businesses to deposit checks into their business checking accounts electronically without needing to visit a physical branch. By using a desktop scanner or mobile device, you can capture images of your checks and submit them for processing through our secure online system, saving you time and improving cash flow.

Are there any fees associated with Flanagan State Bank’s business checking accounts?

While there may be certain fees associated with specific transactions or services, we strive to keep our fees competitive and transparent. Please refer to our individual business checking pages for details on the fees that may apply, and feel free to reach out to our dedicated team for further clarification.

Can I link my business checking account to other business banking services?

Absolutely! Flanagan State Bank offers a range of business banking services that can be seamlessly linked to your business checking account. This includes Remote Deposit, ACH Origination, and our Business Manager online banking platform, providing you with a comprehensive suite of tools to manage your business finances efficiently.

How can I reorder checks for my business checking account?

Reordering checks for your business checking account is easy with Flanagan State Bank. You can conveniently reorder checks through our preferred check provider by visiting our order checks page.