Business Checking Accounts
Unlock Business Success
Your Partner in Business Growth
In the dynamic world of business, having a reliable banking partner is paramount to your success. Sunwest Bank understands businesses’ unique challenges and aspirations, and we’ve tailored our Commercial and Small Business Checking Accounts to provide you with the tools, features, and support you need to thrive. Whether you’re ready to open a business, a startup venturing into uncharted territory, or an established enterprise seeking to optimize your financial operations, Sunwest Bank empowers your business journey.
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Sunwest Bank: The Ideal Choice for Small Business Owners
As a small business owner, you wear many hats and juggle countless responsibilities. The last thing you want is a bank account that adds to your burdens. At Sunwest Bank, we’ve crafted our Small Business Checking Account to simplify your financial management, allowing you to focus on what matters most—growing your business.
Our business bank account is designed with your needs in mind, offering a comprehensive suite of features and benefits that streamline your banking experience. From the convenience of online and mobile banking to the flexibility of a business debit card, we’ve got you covered. Plus, with our competitive transaction fees and no monthly maintenance fees for qualifying deposit accounts, you can keep more of your hard-earned money where it belongs—in your business.
The Perfect Fit for LLCs
If you’ve structured your business as a Limited Liability Company (LLC), you understand the importance of separating your personal and business finances. Sunwest Bank’s Small Business Checking Account is the ideal business deposit solution for LLCs, providing a dedicated and sophisticated banking account that helps you maintain financial clarity and compliance.
Opening a business checking account online is a breeze since we’ve streamlined the process to save you time and hassle. If you have related documents and information such as your employer identification number (EIN) ready, we can help you get your account set up in no time.
Corporate Checking: Efficiency and Control for Larger Businesses
For larger institutional clients with more complex financial needs, Sunwest Bank’s Corporate Checking Account delivers the efficiency, control, and customization you require. This checking account empowers you to easily keep business deposit balances, issue checks, manage cash flow, and optimize your financial operations.
The Power of Sunwest Corporate Online Banking
When you open a Corporate Checking Account with Sunwest Bank, you gain access to our cutting-edge online banking platform—Sunwest Corporate Online. This powerful tool puts you in the driver’s seat, allowing you to manage your business deposit account, monitor transactions, and make informed decisions anytime, anywhere.
With features like real-time account balances, customizable alerts, and access to an array of convenient and easy-to-use payment solutions, Sunwest Corporate Online simplifies your day-to-day banking tasks, freeing up valuable time and resources for you to focus on your core business needs.
Navigating the Account Opening Process
Opening a Corporate Checking Account with Sunwest Bank is straightforward. Our dedicated team of experts will guide you through each step, ensuring a seamless experience from start to finish.
To get started, you’ll need to provide your business’s EIN and other essential documentation. Don’t worry if you’re unsure about any of the requirements—our knowledgeable staff of small business specialists is here to answer your questions and provide guidance at every step.
Understanding the Different Types of Business Bank Accounts
When it comes to business banking, terminology can sometimes be confusing. Let’s break down the distinctions between corporate, business, and commercial accounts to help you make an informed decision for your organization.
- Corporate Accounts: These accounts are designed for larger, more complex businesses, often with higher transaction volumes and more sophisticated financial needs. They typically offer advanced features and customization options.
- Business Accounts: A business account, such as Sunwest Bank’s Small Business Checking Account, caters to the needs of small- and medium-sized enterprises (SMEs). It provides essential features and benefits to help businesses efficiently manage their day-to-day financial operations.
- Commercial Accounts: Commercial accounts are tailored for businesses with significant transaction volumes and more intricate cash management requirements. They often include specialized services like merchant services, payroll processing, and treasury management solutions.
Why Choose Sunwest Bank for Your Banking Needs?
In the competitive business banking landscape, Sunwest Bank stands out as the preferred choice for the savvy business owner. Here’s why:
- Expertise and Experience: Our team of seasoned professionals has a deep understanding of the unique challenges and opportunities businesses face. They are equipped to provide the banking services, guidance, and support you need to succeed.
- Comprehensive Product Suite: From basic business checking and savings accounts to sophisticated cash management solutions, we offer a full spectrum of business banking products designed to meet your organization’s evolving needs.
- Exceptional Service: At Sunwest Bank, we’re committed to delivering an unparalleled banking experience. Our dedicated relationship managers work closely with you to understand your goals and provide personalized solutions to help you achieve them.
- Cutting-Edge Technology: With our advanced online and mobile banking platforms, you can manage your finances and monitor your account activity on the go, anytime, anywhere. Stay connected and in control with features like mobile deposit capture, online bill pay, fraud monitoring, and real-time account alerts.
- Community Focus: As a community bank, we’re invested in the success of the businesses we serve. We’re proud to support local entrepreneurs and contribute to the economic vitality of the communities we call home.
Take the Next Step with Sunwest Bank
Ready To Elevate Your Company’s Banking Experience?
Open a Commercial or Small Business Checking Account with Sunwest Bank today and unlock a world of possibilities for your organization.
With a minimum opening deposit of just $100 and valuable features and benefits, our business checking accounts are designed to empower your business success. Whether you’re a small business owner seeking simplicity and efficiency or a larger enterprise requiring advanced cash management solutions, Sunwest Bank has the tools and expertise to help you thrive.
Don’t settle for ordinary banking. Partner with Sunwest Bank and experience the difference of a financial institution that truly understands and supports your business goals. Contact us today to learn more and start your journey toward financial excellence.
Checking Accounts for Corporate & Small Business
Our basic non-interest bearing account that allows you to write checks payable to other parties. Comes with either Sunwest Corporate Online or Sunwest Small Business Online, depending on your business type.
Features
- $100 minimum to open
- Minimum balance required to avoid charges
- Monthly service charge – $15
- Check Paid Charge – $0.30 each
- Deposit Charge – $1.50 each
- Check Deposited Charge – $0.15 each
Benefits
- Convenience of check writing
- Available to all business ownership types
- Online banking
- Bill Pay & E-Statements
- Debit card
Business Deposit Products
At Sunwest Bank, business banking is our specialty. We work hard for business owners like you, providing products with the features you need to help you achieve your financial goals. From business checking and savings accounts to comprehensive cash management solutions, our complete business product offering is designed to meet your needs and to make your business banking experience hassle-free.
| Product Information | Business Checking | Analyzed Checking | Premium eAdvantage Business Checking (Bundled Checking) |
|---|---|---|---|
| Monthly Service Charge4 | $15 | $20 | $85 |
| Activity Fees | $0.30 per check paid, $1.50 per deposit, $0.15 per deposited item | Contact Us For Analysis Fee Details | $0.30 per paid check, $0.10 per ACH (electronic) debit or credit item |
| How To Avoid Monthly Service Charge |
See below 1 | Analysis fees apply; an earnings credit on net available balance is applied to offset the monthly analysis charges | Monthly service charge reduced to $75 and first 250 checks paid for maintaining a $75,000 minimum daily balance or more |
| Minimum Balance to Open | $100 | $100 | $100 |
| Features and Account Benefits 3 | Online Banking, Bill Pay, eStatements, Debit Card | Online Banking, Bill Pay, eStatements, Debit Card, (business accounts may be grouped together to increase eligible balances used in earnings credit calculations) | Online Banking, eStatements, Debit Card, Discounted Bill Pay, Remote Deposit Capture, Online Wire Transfers, and ACH Origination Services |
1. Monthly service charge and first 100 checks paid, 20 deposits, and 200 items deposited charges are waived when maintaining a $5,000 minimum daily balance. Avoid the monthly service charge and the activity charges by maintaining an Average Daily Balance 2 of $10,000 or more.
2. Average Daily Balance: The Average Daily Balance is calculated by adding the principal in the account for each day of the month and dividing that figure by the number of days in the month.
3. Fees and additional bank approval may apply to products and services.
4. Additional service charge for paper statements – $5.00 per month
Business Deposit Products – Idaho
| Product Information | Select Business Checking | Select Business Interest Checking | Analyzed Checking |
|---|---|---|---|
| Monthly Service Charge4 | $10 | $12 | $18 |
| Activity Fees | $0.30 per check paid, $1.50 per deposit, $0.15 per deposited item | $0.30 per check paid, $1.50 per deposit, $0.15 per deposited item | Contact Us For Analysis Fee Details |
| How To Avoid Monthly Service Charge |
See below 1 | Monthly service charge waived and first 75 checks paid, 15 deposits, and 100 items deposited free for maintaining a $3,500 Average Daily Balance 2 or more | Analysis fees apply; an earnings credit on net available balance is applied to offset the monthly analysis charges |
| Minimum Balance to Open | $100 | $100 | $100 |
| Features and Account Benefits 3 | Online Banking, Bill Pay, eStatements, Debit Card | Pays Interest, Online Banking, Bill Pay, eStatements, Debit Card | Online Banking, Bill Pay, eStatements, Debit Card, (business accounts may be grouped together to increase eligible balances used in earnings credit calculations) |
1. Monthly service charge and first 100 checks paid, 15 deposits, and 200 items deposited charges are waived when maintaining a $2,500 minimum daily balance. Avoid the monthly service charge and the activity charges by maintaining an Average Daily Balance 2 of $5,000 or more.
2. Average Daily Balance: The Average Daily Balance is calculated by adding the principal in the account for each day of the month and dividing that figure by the number of days in the month.
3. Fees and additional bank approval may apply to products and services.
4. Additional service charge for paper statements – $5.00 per month