Community Partner: Checking for Non-Profit & Community Organizations
As a mission-focused small business bank, TowneBank offers the Community Partner account to help non-profits manage dues and donations efficiently. This checking account has no monthly maintenance fee, allowing you to focus your capital on your mission with the guidance of dedicated, local bankers.
This is a fantastic checking account for community organizations. You can open your Community Partner Checking account with as little as $100. There's no minimum daily balance, monthly maintenance fee, per-item fees, or deposit corrections fee. It even earns interest;compounding daily;on balances greater than $3,000. Use built-in tools to simplify cash flow, donations, dues, and payroll. Mobile deposit* lets you process dues and donations anywhere, anytime.
Community Partner Account Details:
- $100 minimum opening balance
- No minimum daily balance or monthly maintenance fee
- Interest compounds daily on balances over $3,000
- No per item fees
- Unlimited deposits and check writing
- No fee for deposit corrections
- Free check images
- First order of TowneBank custom checks free
- Unlimited Domestic TowneBank ATM transactions
- Discounted rates or reduced fees on loans**
- Free or discounted banking services for employees
- Free notary services
- No fee cashier's check
- Discount on safe deposit boxes (where available)
All Accounts Include
FAQs
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This account includes mobile banking, mobile deposit for processing donations anywhere, and access to Autobooks for simplified donation tracking and financial management.
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You can open a checking account for your non-profit by visiting a local branch or requesting a contact online. You’ll need your organization’s EIN and formation documents to get started with a $100 opening balance.
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Yes. Community Partner members are eligible for lending for community organizations. We offer credit lines and installment loans with discounted rates or reduced fees to help you scale your impact.
*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. All terms applicable to Online Banking apply to Mobile Banking.
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**Normal credit approval criteria apply.
+Fee applies for deposit transfers.
+Coverlines require credit approval and interest rates apply.