Accounts Built for Business Owners
No matter the size of your business, you need a checking account that allows you to access your money, make transactions and maintain cash flow. At Bank of Herrin, we carry a wide range of business checking accounts designed to meet the unique needs of your business. From a basic checking account, to accounts that allow you to earn interest on your balance, you have options when you work with Bank of Herrin. Contact our business banking team to get assistance in choosing the right business checking account.
Compare Business Checking Accounts
| Account | Minimum Opening Balance | Service Fees | Interest* |
|---|---|---|---|
Basic Business Checking (This account is available for small businesses, no corporations. Small businesses are defined as those that intend to keep less than $1,000 in the account) | $100.00 | $5.00 service charge if balance falls below $100.00 during statement cycle | No |
Business Checking | $500.00 | $5.00 service charge if balance falls below $500.00 during statement cycle | No |
Business Interest Bearing Checking*^ | $500.00 | $5.00 service charge if balance falls below $500.00 during statement cycle | Yes |
Business NOW Checking*^ | $1,000.00 | $6.00 service charge if balance falls below $1,000.00 during statement cycle | Yes |
Business Money Market Account*^ | $2,500 | $8.00 service charge if balance falls below $2,500.00 during statement cycle PLUS $5.00 per 3rd party debit over 6 | Yes |
*We may change the interest rate on your account at our discretion at any time.
^Fees may reduce earnings.