Ben Franklin Bank is dedicated to serving the financial needs of your business. We offer attractive business checking and savings products specifically designed to fulfill your banking needs.
Small Business Checking Account
This account is ideal for businesses generating 100 or less transactions per month.
Minimum Balance to Open the Account |
$50.00 |
Minimum Daily Balance Requirement |
$5,000 |
Monthly Fee |
$10.00 |
Transaction Fee (First 100 transactions) |
Free |
Over 100 Transactions |
.75 ea |
Check Imaging Statement |
Yes |
(Fee applies only if the balance in the account falls below the daily balance requirement.)
Commercial Checking Account
This account is designed for businesses who have a higher level of activity and maintain larger balances. The account features an earnings credit that is applied to reduce or eliminate fees on the account.
Minimum Balance to Open the Account |
$50.00 |
Monthly Maintenance Fee |
$10.00 per month |
Deposits |
.50 each |
Check Deposited |
.15 each |
Check Writing |
.20 each |
Check Imaging Statement |
Yes |
(Earnings credit in excess of fees for any period is not credited to the account or carried forward.)
Business Statement Savings Account
This account offers a competitive interest rate and is the perfect savings solution for your business. Transfers from a Business Statement Savings account to another account or to third parties by preauthorized or automatic transfer are limited to six per statement cycle.
Minimum Balance to Open the Account |
$50.00 |
Minimum Daily Balance Requirement |
$500.00 |
Monthly Fee |
$5.00 |
(Fee applies only if the balance falls below the minimum daily balance requirement.)
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