Checking Accounts for Every Business

Checking Accounts for Every Business

Business checking solutions for small businesses to large corporations.

Business Checking Accounts

TowneBank has a business checking account for just about every kind of business. Entrepreneurs. Startups. Professional practices. Sole proprietors. Larger, more complex operations. Even community organizations and non-profits. Every account comes with powerful tools and features such as online banking, fraud monitoring, and debit cards with chip security. Take a look. Compare the benefits. And talk to your local business banker to choose the one that fits you.

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Value Classic

A checking account for small businesses and sole proprietors with limited monthly check transactions and deposits.

Value Classic Plus

A business checking account for small businesses and sole proprietors with a higher volume of deposits and transactions.

Value Select

An interest-bearing business checking account for non-incorporated businesses and sole proprietors.

Value Solutions

An analysis account with Treasury Services and a competitive Earning Credit Rate (ECR).

Community Partners

A business checking account with unlimited check writing for non-profit organizations.

Best For

Value Classic

Small businesses and sole proprietors

Value Classic Plus

Large companies that make frequent deposits and process numerous checks each month

Value Select

Non-incorporated businesses and sole proprietors

Value Solutions

Companies with higher transactions and have Treasury Services needs

Community Partners

501(c)3 organizations, associations, and foundations

Minimum Opening Balance

Value Classic

$100

Value Classic Plus

$100

Value Select

$100

Value Solutions

$100

Community Partners

$100

Required Minimum Daily Balance

Value Classic

$3,000

Value Classic Plus

$15,000 average balance

Value Select

$3,000

Value Solutions

Balances help offset fees in an analysis account

Community Partners

No minimum daily balance requirement

Monthly Service Fees

Value Classic

$20, if minimum daily balance not met

Value Classic Plus

$30 if average not met

Value Select

$20, if minimum daily balance not met

Value Solutions

Speak to a Treasury Services Specialist

Community Partners

No monthly maintenance fee 

Withdrawals & Checks

Value Classic

150 processed items per statement, $0.50 for each item over 150

Value Classic Plus

500 processed items per statement, $0.50 for each item over 500

Value Select

150 processed items per statement, $0.50 for each item over 150 

Value Solutions

Speak to a Treasury Services Specialist

Community Partners

Unlimited

ATM/Debit Card

Value Classic

Debit card with chip security & unlimited TowneBank ATM/Debit transactions

Value Classic Plus

Debit card with chip security & unlimited TowneBank ATM/Debit transactions

Value Select

Debit card with chip security & unlimited TowneBank ATM/Debit transactions

Value Solutions

Debit card with chip security & unlimited TowneBank ATM/Debit transactions

Community Partners

Debit card with chip security & unlimited TowneBank ATM/Debit transactions

Cash Processing Fee

Value Classic

$10,000 cash-in processed per statement, $0.30 for each additional $100 cash-in processed

Value Classic Plus

$10,000 cash-in processed per statement, $0.30 for each additional $100 cash-in processed

Value Select

$10,000 cash-in processed per statement, $.30 for each additional $100 cash-in processed

Value Solutions

Speak to a Treasury Services specialist

Community Partners

Interest-Bearing

Value Classic

No

Value Classic Plus

No

Value Select

Interest compounded daily

Value Solutions

No

Community Partners

Interest compounded daily on balance of $3,000 and over

All Accounts Include

  • Personalized banking with a dedicated, local business banker

  • Convenient debit cards with chip security

  • Monitor your accounts, make transfers and pay bills online

  • Mobile access with mobile deposit^

  • Easily go paperless with electronic statements

  • Overdraft protection available+

  • VISA® Platinum Business Rewards Card with no annual fee*

  • Access to local Treasury and Merchant Services specialists


^Your mobile carrier’s web access and text messaging charges may apply. Mobile check deposit is subject to eligibility and further review. Deposits are subject to verification and not available for immediate withdrawal. Deposit limits and other restrictions apply.

*Normal credit approval criteria apply.  

+Fee applies for deposit transfers / +Coverlines require credit approval and interest rates apply.  

All terms applicable to online banking apply to mobile banking.

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