Business Checking Accounts

Free Business Checking

Banterra's Free Business Checking is designed to fit the needs of a low transaction volume business. This product may be a good match for start up business, home based business, and organizations.

• $100.00 minimum to open
• Includes the first 100 paper items ($.35 each there after). Includes a combination of all: paper checks, debits, deposits, and deposited items.
• Includes the first 75 electronic checks/debits are free ($.30 each there after) 
• Includes the first 25 electronic deposits ($.30 each there after)

Basic Business Checking

A low-cost checking account specifically designed for small businesses. This account provides a simplified account that makes managing your finances easy and affordable.

• $200 minimum to open
• Includes the first 250 items free ($.30 each thereafter)
• $7.50 monthly maintenance fee if balance falls below $1,500, unless an average balance of $3,000 is maintained.

Premium Business Checking

An account that makes the perfect fit for businesses with slightly larger volumes.

• $500 minimum to open
• Includes the first 600 items free ($.25 each thereafter)
• $10.00 monthly maintenance fee if balance falls below $2,500, unless an average balance of $7,500 is maintained.

Business Analysis Account

For businesses with a high level of checking activity and for those who utilize additional Treasury Management Services.

• Accounts are analyzed on a monthly basis to determine processing and transaction costs
• This account receives an earnings credit* to offset the price of services and activities provided by Banterra.
• Fees for most services and activities provided will be reflected on the account analysis statement. Some items such as printed checks, overdraft charges, wire transfers and stop payment fees may be charged directly to the account when the service is provided.

* Earnings credit is calculated on the account's available balance (collected balance less the government regulated reserve requirement) for the month.

Business Interest Checking

An interest bearing checking account for government, professional associations and non-profit organizations.

• $1,000 minimum to open
• Includes the first 100 checks/debits paid and 100 items deposited ($.15 each thereafter)
• $4,000 minimum collected balance to earn Interest
• $8.50 monthly maintenance fee if balance falls below $4,000, unless an average balance of $5,000 is maintained

The following types of businesses qualify for Business Interest Checking:

• Government Units
• Labor Unions
• Non-profit Organizations
• Pension Funds
• Religious/Charitable Organizations
• Educational/Fraternal Organizations
• Sole Proprietorships
• Trade Associations