Business Checking Accounts

Efficient and flexible. We provide straightforward solutions you can be confident in.

Dive into our business banking accounts.

Our business banking accounts provide you with a simple, cost-effective way to manage your cash flow and process your daily transactions. Each account is specifically designed to work in concert with the way your business does business.

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Business Checking Accounts

Security offers checking accounts that will meet the needs of a variety of businesses. Whether you're a new start up that has a few deposits a month or a large company that requires a full treasury management suite, we have the selection of accounts that can meet your demands.

All accounts include access to:

Online Banking
eStatements
Mobile Banking including mobile deposit
Optional Cash Management Services
CardValet the mobile app that lets you control debit card usage and spending on the go

Bill Pay
Check images included in monthly statements
Debit card
Single sign on for business and personal accounts

	Small Business Checking	Analyzed Checking	Edge Checking	Non-Profit Checking	Public Funds Checking
Designed For	Small businesses with limited banking needs.	Businesses with a higher volume of activity.	Small to medium-sized businesses with moderate transaction activity.	Non-profit businesses.	Government/public fund entities.
Minimum Balance to Open	$250 minimum balance to open	$1,000 minimum balance to open	$5,000 minimum balance to open	$500 minimum balance to open	$500 minimum balance to open
Minimum Average Available Balance (1)	$250 average available balance	No minimum balance requirement	$5,000 average available balance	$500 average available balance	No minimum balance requirement
Service Charge	$10 service charge per statement cycle if average available balance falls below $250	$10 service charge per statement cycle	$15 service charge per statement cycle if average available balance falls below $5,000	$10 service charge per statement cycle if average available balance falls below $500	No service charge
Additional Fees	$3 paper statement fee per statement cycle; waived with eStatements	$3 paper statement fee per statement cycle; waived with eStatements	$3 paper statement fee per statement cycle; waived with eStatements	$3 paper statement fee per statement cycle; waived with eStatements	No paper statement fee
Per Item Charge	500 free items per statement cycle, thereafter $.35 per item	$.20 per debit, $.20 per credit, plus $.08 per deposited item Earnings credit used to offset fees	250 free items per statement cycle, thereafter $.40 per item	500 free items per statement cycle, thereafter $.40 per item	No per item fees
Earns Interest	No	No	Competitive Interest	Competitive Interest	Competitive Interest

Name	Designed For	Minimum Balance to Open	Minimum Average Available Balance (1)	Service Charge	Additional Fees	Per Item Charge	Earns Interest
Small Business Checking	Small businesses with limited banking needs.	$250 minimum balance to open	$250 average available balance	$10 service charge per statement cycle if average available balance falls below $250	$3 paper statement fee per statement cycle; waived with eStatements	500 free items per statement cycle, thereafter $.35 per item	No
Analyzed Checking	Businesses with a higher volume of activity.	$1,000 minimum balance to open	No minimum balance requirement	$10 service charge per statement cycle	$3 paper statement fee per statement cycle; waived with eStatements	$.20 per debit, $.20 per credit, plus $.08 per deposited item Earnings credit used to offset fees	No
Edge Checking	Small to medium-sized businesses with moderate transaction activity.	$5,000 minimum balance to open	$5,000 average available balance	$15 service charge per statement cycle if average available balance falls below $5,000	$3 paper statement fee per statement cycle; waived with eStatements	250 free items per statement cycle, thereafter $.40 per item	Competitive Interest
Non-Profit Checking	Non-profit businesses.	$500 minimum balance to open	$500 average available balance	$10 service charge per statement cycle if average available balance falls below $500	$3 paper statement fee per statement cycle; waived with eStatements	500 free items per statement cycle, thereafter $.40 per item	Competitive Interest
Public Funds Checking	Government/public fund entities.	$500 minimum balance to open	No minimum balance requirement	No service charge	No paper statement fee	No per item fees	Competitive Interest

Business Checking FAQs

: We offer a variety of different account types to match your needs.

Small Business Checking:

The startup business checking account; it is designed for businesses with limited depository needs and balances.

Analyzed Checking:

If your business has a high volume of business activity, the Analyzed Checking account is designed for your business.

Edge Checking:

If your business keeps healthy balances, has moderate transaction account activity, and wants to earn interest on its balances; this account is designed for you.

Nonprofit Checking:

Interest-bearing checking account for nonprofit entities.

Public Funds Checking:

Interest-bearing checking account for government and public fund entities.

Still not sure? Contact us today! All we need is a conversation and up to three month's statements and within 24 hours we will give you our best recommendation.
: Yes! Security Bank & Trust Co. has business and nonprofit checking accounts that earn interest. To learn more about how much interest you can earn, please see our rates page for more information.
: We can definitely help you review your account to find savings and discuss how the charges work. Contact us today with three months of your current bank statements and within 24 hours we will calculate what your average monthly service charge will be at Security Bank & Trust Co. and discuss other saving strategies.
: You're busy enough, you shouldn't have to worry about your accounts. Security Bank & Trust Co. wants to make running your business as easy as possible, which is why we offer several cash management options! These include but are not limited to: Online Banking, ACH Origination, Business Bill Pay, Remote Deposit, Merchant Credit Card Processing, Sweeps, and more.

Tell me more
: We offer several ways of making deposits including: At the branch, through our 24/7 night depository, by mail, through our mobile app, and remote deposit scanners.
: Our general policy is to make funds available from cash and check deposits on the first business day after the day we receive your deposit. There are a few exceptions that may delay your funds' availability, including:

Deposits into an account that has been open for less than 30 days

Large dollar amount deposits

If you have any questions about your funds' availability, talk to a Security representative by phone at 320-864-3171 or in one of our branches.
: Yes! It's the most convenient way to manage your accounts by giving you access to monitor your account 24 hours a day, view check images, view statement history, download statement/transaction history, transfer funds from one Security account to another. It is scaled to meet your specific business needs and with Security Bank & Trust Co., we make it easy to ask questions on your account activity. Contact us to learn more.
: Absolutely! Our online banking allows you to sync to Excel, Quicken ®, and QuickBooks ®
: Switching your accounts to Security doesn't have to be complicated.

Download our Business Switch Kit for step-by-step directions, worksheets, and everything you need to help assist you with the transition or even contact us today!

Need help? Talk to a banker to find that right fit

Let's Go

Business Savings Accounts

You've built a strong business with good cash flow and growing deposit balances. Why not increase your returns by sweeping money into a money market or savings account? We provide business savings, business banking accounts, and money market options to do just that.

All accounts include access to:

Competitive interest rates
eStatements
Link to any checking account for overdraft protection

Online Banking
Mobile Banking including mobile deposit
Single sign on for business and personal accounts

	Business Savings	Business Money Market	Private Wealth Business Money Market
Designed For	Start putting money aside	Earn more from their investment	Get our most competitive interest rate
Minimum Balance to Open	$50 minimum balance to open	$2,500 minimum balance to open	$100,000 minimum balance to open
Minimum Average Available Balance (1)	$50 minimum daily balance requirement	$2,500 minimum daily balance requirement	$2,500 minimum daily balance requirement
Service Charge	$5 service charge per month if daily balance falls below $50	$10 service charge per statement cycle if daily balance falls below $2,500	$10 service charge per statement cycle if daily balance falls below $2,500
Extra Features	Competitive Interest	Competitive Interest	Competitive Interest

Name	Designed For	Minimum Balance to Open	Minimum Average Available Balance (1)	Service Charge	Extra Features
Business Savings	Start putting money aside	$50 minimum balance to open	$50 minimum daily balance requirement	$5 service charge per month if daily balance falls below $50	Competitive Interest
Business Money Market	Earn more from their investment	$2,500 minimum balance to open	$2,500 minimum daily balance requirement	$10 service charge per statement cycle if daily balance falls below $2,500	Competitive Interest
Private Wealth Business Money Market	Get our most competitive interest rate	$100,000 minimum balance to open	$2,500 minimum daily balance requirement	$10 service charge per statement cycle if daily balance falls below $2,500	Competitive Interest

Business Savings FAQs

: The business savings is the perfect account for new businesses just starting out to help manage money while earning interest. Our business money market targets businesses with larger deposit balances with limited check writing ability. The money market has a higher tiered interest rate based on balance.
: Of course! Flagship Bank provides a sweep service that can also be set up to help streamline this process. Contact us today!
: Business savings requires a daily minimum balance of $50, a $5 monthly service charge occurs if the daily balance falls below $50.

Business money market requires a daily minimum balance of $2,500, a $10 monthly service charge occurs if the daily balance falls below $2,500.
: Savings accounts, money market accounts, or certificate of deposits can provide different benefits for your business. And chances are, life circumstances might change which is best for your business. If you need to start small with a minimal deposit, a regular savings account is likely the best place to start. You'll get the security of FDIC insurance and immediate access to your money when you need it.

If you have access to a larger amount of money that is required for regular business operating expenses, a money market account may be best for your business, but please keep in mind that this type of account also requires a higher initial deposit and minimum balance.

Feeling confident you won't need your savings for a while? A certificate of deposit may be the option since it will generally offer higher interest rates among savings accounts, but the tradeoff is that it will have early withdrawal penalties if immediate access to the money is needed. Learn more about certificate of deposits options on our Rate page.

Questions? Contact Us

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Treasury Management Services

With all the great cash and deposit management services that Security Bank offers, you can run your business more effectively and efficiently from your computer and your phone. Take a moment to explore our treasury management solutions for your business.

Learn More

Business Credit Card

If you're looking for the flexibility and ease of use of a business credit card, then we can provide you with the perfect one to match your company. With a variety of rate and reward options, choosing the right business credit card is easier than ever.

Apply Today

Woman next to window looking at computer with credit card

Choose from our popular business credit card options.

Such as low rate, cash back or flexible rewards to find the one that works best for your business.

No matter which card you choose, your business will benefit from important features like:

Free online expense reporting tools.
No fee for additional employee cards.
Mobile payment capability for added convenience.

Zero Fraud Liability.* You won't be liable for fraudulent purchases when your card is lost or stolen.
Cardmember Service available 24 hours a day/365 days per year.

^{*Elan Financial Services provides zero fraud liability for unauthorized transactions. Cardholder must notify Elan Financial Services promptly of any unauthorized use. Certain conditions and limitations may apply.}

^{The creditor and issuer of these cards is Elan Financial Services, pursuant to separate licenses from Visa U.S.A. Inc., and Mastercard International Incorporated. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.}

Find out how easy it is to open a credit card

Apply Now

Business Credit Card FAQs

: Small business owners benefit from using a small business credit card by separating business expenses from your personal expenses. This can help you manage your cash flow, help protect you from fraudulent charges, maintain control over your employee spending and help make tax preparation easier. Plus you'll get the convenience of using a credit card for everyday purchases while earning cash or travel rewards (most cards) for your business. Finally, established businesses can use a small business credit card to start building credit for the business.
: For ownership types of Sole Proprietor or Trust, either a TIN or SSN are acceptable. For all other ownership types a TIN is required.
: Yes, you can find out more about the cards we offer and apply for one that fits your needs here.
: Name of Business

Tax ID

Address

Contact information for the business

Expected monthly cash and international transactions

Business Owner's personal information
: Absolutely! We offer a variety of cards to fit your business needs. More information on the cards we offer can be found here.
: Reward points are earned on net purchases only. Net purchases include all purchases minus any credits posted to the account for returns during the billing cycle.
: No. Unlike other reward cards, your Bonus Rewards card gives you more rewards, not more rules. You'll earn bonus points every month, automatically. There's no need to opt in to the program, and no limit on the spend categories that qualify.

Like what you see? Talk to a banker today on how we can simplify your finances.

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Terri Huml - Gianni’s Steakhouse

"Security has the ability to be nimble and respond to my needs quickly. We have large cash requirements on a daily basis and they are able to meet our demands efficiently."