Value Select Business Checking

An interest-bearing checking account designed for sole proprietors and unincorporated businesses.

Interest-Bearing Business Checking

Value Select is an interest-bearing business checking account available to unincorporated businesses. In addition to checking account benefits you also get a designated, local banker who can guide you through financial decisions to help you and your business grow to serve the community where you live and work. 

Value Select Account Details:

  • $100 minimum opening balance
  • $3,000 minimum daily balance 
  • $20 maintenance fee if minimum not met
  • 150 processed items per statement — $.50 for each item over 150
  • $10,000 cash-in processed per statement — $.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 with chip security.
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.

Insights & Perspectives

*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. First 3 months free, $10 per month thereafter.

**Normal credit approval criteria apply.

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