Compare Business Checking: Which Business Checking is Best

Which business checking account is right for you?

The best business checking account is the one that works for your business's needs. Armed Forces Bank's Business Checking accounts are designed with cash management solutions that help you simplify processes, maximize capital, and respond to your banking needs. When comparing accounts, consider your business's needs. Here's an overview of Armed Forces Bank's best business checking accounts.












































Sole Proprieters

Simple Business Checking



  • Low cost account 
  • Free Visa® Business Debit Card
  • Overdraft Protection available1
  • Unlimited Online Bill Pay for $10.00/month
  • Free Monthly eStatements2
  • 100 of any item type per statement cycle included, then $0.50 each (excludes check card purchase debits) 
 


Business Checking



  • Great for growing businesses  
  • Free Visa® Business Debit Card
  • Overdraft Protection available1
  • Unlimited Online Bill Pay for $10.00/month
  • Free Monthly eStatements2
  • 250 of any item type per statement cycle, then $0.35 each (excludes check card purchase debits)
 

Best for Interest

Business Interest Checking



  • Interest compounded monthly
  • Free Visa® Business Debit Card
  • Overdraft Protection available1
  • Unlimited Online Bill Pay for $10.00/month
  • Free Monthly eStatements2
  • 250 of any item type per statement cycle, then $0.35 each (excludes check card purchase debits)
 








Best for Large Businesses

Analyzed Business Checking



  • $0 opening balance required
  • Earn credit to off-set monthly charge
  • Free Visa® Business Debit Card
  • Overdraft Protection available1
  • Unlimited Online Bill Pay for $10.00/month
  • Free Monthly eStatements2
 










Analyze all the details


Account Types
Simple Business
Checking Account
 Business Checking Account
Business Interest
Checking Account
Analyzed Business
Checking Account
Interest Earned on Balances

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Basic eBusiness Online Banking  Check mark Check mark Check mark Check mark
Business Mobile Banking App Check mark Check mark Check mark Check mark
Free monthly eStatement2 Check mark Check mark Check mark Check mark
Free Visa® Business Debit Card Check mark Check mark Check mark Check mark
Overdraft Protection available1 Check mark Check mark Check mark Check mark
Opening Balance Requirement $50
$100
 $100 $0
Monthly Service Charge $0

$12

No fee when you meet the following requirements each statement cycle:

Maintain average monthly balance of $5,000

OR

Maintain average daily balance of $2,500

Otherwise, $12 monthly service fee applies.

 $12 $22
Item Charges (Excludes Check Card Purchase Debits:
100 items included / month, then $0.50 each

250 items included / month, then $0.35 each

 250 items included / month, then $0.35 each  Ask a Banker
Open an Account
3



1  Involves linking a savings or other account to your primary checking account. Funds automatically transferred in $100 increments to prevent overdrafts. 

2 Free monthly eStatement or $4.50 paper statement or $5.00 paper statement with images

Closing new accounts within 90 days of opening will result in a $20 early closure fee.