Value Classic Plus Business Checking

A business checking option for companies with higher transaction volumes.

Value Classic Plus: High-Volume Business Checking & Solutions

Designed for established companies, Value Classic Plus is a business checking account built for processing up to 500 items monthly. It provides the financial stability needed for managing cash flow.

If your business processes a lot of transactions and deposits, Value Classic Plus is for you. You get up to 500 free items per monthly statement. You’ll pay no monthly maintenance fee as long as you maintain a $15,000 average balance. And, most importantly, you’ll have your own designated local business banker to guide you through financial decisions to help you grow your business.

Value Classic Plus Account Details:

  • $100 minimum opening balance
  • $15,000 average balance
  • $30 monthly maintenance fee if average not met
  • 500 processed items per statement—$0.50 for each item over 500
  • Complimentary $10,000 cash-in processed per statement—$0.30 for each additional $100 cash-in

All Accounts Include

Online & Mobile Banking
Monitor your accounts, make transfers and pay bills online and on mobile*.
Debit Card
Debit card can be added to all major digital wallets and includes Mastercard Easy Savings.**
Mobile Banking
Mobile access with mobile deposit*.
Financial Planning Tools
Access to financial planning tools such as Money Management, Quickbooks® and Quicken®^.
Paperless Statements
Option to easily go paperless with electronic statements.
Business Rewards Card
VISA® Platinum Business Card with no annual fee**.
Merchant & Treasury Services
Access to local Treasury and Merchant Services specialists.
Transfers

Overdraft protection links your checking account to one of your other TowneBank deposit accounts. In the event of an overdraft, available funds will automatically be transferred from the linked account to the covered account. Overdraft protection transfer fees apply. There is no cost to link accounts, and you will only incur a fee if you use the protection.

Coverlines

Link your checking account to a pre-approved line of credit. In the event of an overdraft, funds will be transferred from your line of credit to the overdrawn account. Subject to credit approval; applicable interest rates apply.

FAQs

  • This feature makes Value Classic Plus one of the best business banking accounts for companies with high transaction volumes, allowing you to process 500 items per statement at no additional cost.
  • Yes. You can open a small business checking account by requesting a contact online or visiting a local branch. You'll need a $100 minimum opening balance and your business formation documents when you meet with your banker.
  • Yes. A TowneBank banker can assist with business lending and offer tailored financial solutions to support your needs, including loans and lines of credit.

*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.

^Quicken® and Quickbooks® are registered trademarks of Intuit Inc.

**Normal credit approval criteria apply.

+Fee applies for deposit transfers. 

+Coverlines require credit approval and interest rates apply. 

Contact us to open your business checking account today!

We use your zip code to match your request with a local banker in your area.