Maintain Easy Access To Your Business’s Funds
Your checking account should reflect the way you do business. Maybe you are looking for an account with no fees; or maybe you want an account that allows you to earn interest. Whatever you are looking for in your account, Austin Bank gives you the power of choice. You have four checking options to choose from, each with different benefits and features. If you would like to learn more about which business checking account may be the right option for you, please complete our account inquiry form.
Compare Business Checking Accounts
Each of our business checking accounts include the following benefits:
- Business Debit Card
- Business Online Banking
- Business Bill Pay
- Treasury Management Services
| Small Business Free Checking | Basic Business Checking | Business Interest Checking | Business Analysis Account | |
|---|---|---|---|---|
| What kind of account fits your company best? | A great account when trying to get your business off the ground | Affordable business checking for companies with a moderate number of transaction items | Interest bearing account for small businesses | Full checking services for companies with higher transaction volumes |
| Minimum opening balance | $100 | $100 | $100 | $100 |
| Monthly fee | None | $10 | Charges are based on account activity. An earnings credit will be calculated based on your average daily collected balance during the statement cycle to reduce your service charge. | Charges are based on account activity. An earnings credit will be calculated based on your average daily collected balance during the statement cycle to reduce your service charge. |
| Minimum monthly balance requirements | None | With a minimum daily balance of $3,500 we will waive the monthly service charge. | None | None |
| Number of Items allowed | 200 items free per month including withdrawals, deposits and deposited items | 150 deposited items, 50 withdrawals per month | Unlimited | Unlimited |
| Analysis or item fees | $.50 per debit and credit item over 200 | $.50 per debit/check item over 50 $.25 per item deposited from other banks over 150 Account may be converted to Analysis if exceeding the transaction maximums. | Item charges are based on account activity. An earnings credit based on your average daily collected balance will reduce monthly fees. See bank for current earnings credit rate and analysis charges. | Item charges are based on account activity. An earnings credit based on your average daily collected balance will reduce monthly fees. See bank for current earnings credit rate and analysis charges. |
| Interest Paid | N/A | N/A | Accrues on daily balances and is paid monthly. Interest will not accrue on daily balances below $3,500. | N/A |
| ATM/Debit Card Access | ||||
| Online and Mobile Banking Available |
*Charges from Fee Schedule for Commercial Accounts apply to all business checking accounts.
*All accounts also have Simplified Employer Pension Plans (SEPs) and Health Savings Accounts available.