Business Checking

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Our Business Checking Accounts

Compare our business checking account options to find the account that is right for your business.

At Select Bank, our experienced bankers will help you choose the business checking and savings solutions that are best for your needs. Whether you require a high volume of transactions, want to earn interest or need special services, we offer the financial solutions and expertise to help you build your business.

 

All Select Bank business checking accounts can be opened with $100 and include these features at no charge:

  • Online Banking
  • Bill Pay
  • eStatements

 

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  Small Business Banking Business Class Banking Business Class Banking with Interest Business Analysis
Best fit if you are looking for No monthly service charge and have a small number of transactions per statement period A low-cost account with additional services A low-cost,
interest-bearing
account with
expanded services
Reduced fees based on maintaining a higher account balance
Open With $100 $100 $100 $100
Additional Benefits 150 total items processed per statement cycle at no charge 500 total items processed per statement cycle at no charge

Starter check kit at no charge

Merchant Card Services set up at no charge 
Interest-bearing1

500 items processed per statement cycle at no charge

20% discount on Remote Deposit equipment

Starter check kit at no charge

Merchant Card Services set up at no charge
N/A
Monthly Service Charge $0
$10
$12
$16
How to Avoid Monthly Service Charge N/A $1,500 minimum daily balance
– or –
$3,000 average balance
 $3,000 minimum daily balance
– or –
$6,000 average balance
Based on earnings credit
Activity Fees Per item charge for each check, deposit, or item deposited over 150 per statement cycle is $0.35   Per item charge for each check, deposit, or item deposited over 500 per statement cycle is $0.35  Per item charge for each check, deposit, or item deposited over 500 per statement cycle is $0.35

 Electronic debit: $0.12
Paper debit: $0.20
Electronic credit: $0.12
Paper credit $0.20
Item deposited: $0.11
Currency: $1.50/per
Assessment fee: 0.14% of average daily ledger balance (Not all inclusive)

Paper Statements $5.00
(eStatements provided at no charge)
$5.00
(eStatements provided at no charge)
$5.00
(eStatements provided at no charge)
$5.00
(eStatements provided at no charge)

1Paid on collected balance. 
2Paid on collected balance. Interest earned on this account is forwarded by Select Bank to the North Carolina State Bar.

All of our business checking solutions are designed to help you manage you business finances, providing you with personal service attuned to your goals. Call us today to get started.