Checking Accounts for Businesses
Heartland Bank offers business owners in our communities the checking accounts they need to manage their cash flow and have easy access to their funds for business expenses.
Business Choice Checking
A great solution for sole proprietorships or small businesses with a low number of transactions each month, Business Choice Checking from Heartland Bank offers free Online and Mobile Banking access, as well as no minimum balance or maintenance fee and 250 free transactions each month.
- Minimum deposit to open: $10.00
- $0.25 + sales tax for each transaction over 250 (includes checks, deposits, deposited items, ACH and electronic transactions)
- Free Bill Pay
- Free Business Debit Card
- Free Internal Sweeps
- Employee Direct Deposit Payroll and Remote Deposit Capture available
Business Classic Checking
Business Classic Checking comes with a $10 deposit to open, no minimum balance and no monthly maintenance fee. The Classic account is best suited for City, State or township entities, as well as schools and churches. Other account features include:
- Tiered interest depending on your account balance
- 250 free transactions every month, including checks, deposits, deposited items, ACH and electronic transactions ($0.25 + sales tax for each transaction over 250
- Free access to Online Banking, Mobile Banking, Bill Pay and Internal Sweeps
- Employee Direct Deposit Payroll and Remote Deposit Capture are available
- Free Business Debit Card
Business Elite Checking
Designed for the transaction and cash flow needs of small to mid-size businesses, Business Elite Checking features an earnings credit that allows for offsetting or completely eliminating fees.
- Minimum deposit to open: $10.00
- Fees: monthly maintenance fee of $7.50 plus sales tax; per check and debit fee $0.15 plus sales tax; per deposit item fee $0.08 plus sales tax
- Earnings credit offsets or eliminates fees
- Free Online Banking, Business Debit Card and Bill Pay
- Available services: internal sweeps, Remote Deposit Capture and Employee Direct Deposit Payroll
Savings Accounts for Businesses
Heartland Bank also offers multiple savings account options for local businesses. Each business savings account comes with different features, so compare below to see which best fits your needs.
| Business Account Information | |||||
|---|---|---|---|---|---|
| Regular Savings | Platinum Money Market | Elite Money Market | |||
| Minimum Opening Balance | $25.00 | $1,000.00 | $10,000.00 | ||
| Monthly Service Fee | None | $6.00* per statement cycle if account falls below $450.00 | $15.00* per statement cycle if account falls below $10,000 | ||
| Interest | Yes | Yes - Tiered interest rates to maximize savings potential | Yes - Tiered interest rates to maximize savings potential | ||
| Check Return Option | NA | NA | Free Check Imaging | ||
| Features and Benefits |
|
• Six pre-authorized withdrawals allowed • Direct Deposit • Free first year safe deposit box (limited to certain sizes) |
• First 40 checks are provided at no cost |
||
| Other Fees | $2.00* service charge if daily balance drops below $25.00 | $7.50* per statement cycle for over 3 withdrawals | $7.50* per statement cycle for over 3 withdrawals | ||
*Plus Sales Tax
Open Your Deposit Account Online Today!
Click on the link below to open a deposit account online.
