Business Checking Accounts
Park State Bank offers a range of business checking account options designed to fit your needs. Every account includes free eStatements, secure online and mobile banking, and convenient debit card access—giving you the tools to manage your business finances with ease.
For more information regarding Business Checking accounts, or to open an account today, Contact Us.
Small Business Checking
A checking account for lower transaction volumes.
- $50 minimum opening balance.
- No minimum balance required.
- No monthly maintenance fee.
- Inactivity Fee: $10 monthly fee if account remains inactive for 12 consecutive months, without any debits or credits, and the account balance is less than $50.
- Accounts with no activity and a zero balance for 60 consecutive days, will automatically be closed.
- Interest Bearing: No interest paid.
- First 50 items are free; $.50 per item over 50 per statement cycle.
community Checking account
An account for non-profit and community organizations.
- $50 minimum opening balance.
- No minimum balance required.
- No monthly maintenance fee.
- Inactivity Fee: $10 monthly fee if account remains inactive for 12 consecutive months, without any debits or credits, and the account balance is less than $50.
- Accounts with no activity and a zero balance for 60 consecutive days, will automatically be closed.
- Interest Bearing: No interest paid.
- First 100 items are free; $0.25 per item over 100 per statement cycle.
Business Interest Checking
Great for accounts that might carry a larger balance.
- $5,000 minimum opening balance.
- $5,000 minimum balance to avoid fees and to obtain the disclosed annual percentage yield.
- $10 monthly fee if balance falls below the minimum requirement.
- Inactivity Fee: $10 monthly fee if account remains inactive for 12 consecutive months, without any debits or credits, and the account balance is less than $50.
- Accounts with no activity and a zero balance for 60 consecutive days, will automatically be closed.
- Interest Bearing: Tiered interest; compounded and paid monthly. Variable interest rate and subject to change at bank's discretion.
- Accrued interest will not be paid out if account is closed before interest is credited.
- First 100 items free; $.50 per item over 100 per statement cycle.
Accrued interest will not be paid out if the account is closed before the interest is credited
Business Analysis Checking
A checking account for higher transaction volumes.
- $100 minimum opening balance.
- No minimum balance required.
- $15 monthly maintenance fee.
- Inactivity Fee: $10 monthly fee if account remains inactive for 12 consecutive months, without any debits or credits, and the account balance is less than $50.
- Accounts with no activity and a zero balance for 60 consecutive days, will automatically be closed.
- Interest Bearing: No interest paid but an earnings credit can help you reduce your service charge.
Please see a business banker to learn more about
this account and its analyzed fee structure.