Business Checking

Business Checking

Find the checking account that fits your business.

You deserve a checking account that matches the needs and wants of your business. One that’s not too big or too small. One that offers the tools you need to grow. The Palmetto Bank offers an assortment of checking account products to meet the needs of businesses of all sizes.

Essential Business Checking Basic Business Checking Commercial Checking
The ideal account for organizations and businesses with low account activity. The ideal account for organizations and businesses with slightly higher account activity. An account suited for higher activity, collected balances earn credit that can then be used to offset transaction services.
Minimum Deposit to Open Account $100 $100 $100
Earns Interest No No No
Minimum Daily Balance to Avoid Monthly Maintenance Fees No Minimum $1,500 N/A
Monthly Maintenance Fee No $12 $13
Allowable Items Per Month Up to 25 free transactions per month (combined debits, credits and items deposited). $0.75 for each additional item. Up to 200 free transactions per month (combined debits, credits and items deposited). $0.50 for each additional transaction. See below for transaction details.
Debits $0.75 per item if above allowable items per month. $0.50 per item if above allowable items per month. $0.19
Credits $0.55
Items Deposited $0.10