Business Checking Accounts
Find the Right Business Checking Account for Your Needs.
Park State Bank offers a variety of Business Checking Accounts designed to support businesses and organizations of all sizes. Whether you're a small business, nonprofit organization, growing company, or high-volume operation, we have an account to fit your banking needs.
For more information regarding Business Checking accounts, or to open an account today, Contact Us.
Small Business Checking
Designed for Lower Transaction Volumes
A simple, cost-effective checking account for businesses with lower transaction activity.
- $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
Built for Nonprofit and Community Organizations
A checking account designed for nonprofit organizations, clubs, churches, and community groups.
- $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
Earn Interest on Higher Balances
An interest-bearing business checking account designed for businesses that maintain a higher account balances.
- $5,000 minimum opening balance.
- $5,000 minimum balance to avoid fees.
- $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
Designed for Higher Transaction Volumes
A checking account built for businesses with higher transaction activity and more advanced banking needs.
- $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 get in touch with a business banker to learn more about this account and its analyzed fee structure.