BUSINESS DEPOSITS

Business
Checking

Checking accounts built for your business.

Open An Account

Simplify your business with Smart Financial.

Empower your business with a checking account that’s the perfect fit. Smart Financial offers a streamlined but fully featured checking account for businesses like yours that allows you to deal with your bills and then get back to what you’re paid to do. We offer two versions of business checking: Smart Business Checking and Smart Advantage Business Checking.
 

SmartBusiness

checking

Ideal for sole proprietorships and small corporations like home-based businesses.

Open Account
  • $100 minimum balance to open
  • $10 monthly Maintenance Fee (first 90 days free)
  • Minimum Balance: $2,500.00 Average Daily Balance to waive $10 fee
  • Maximum Number of Transactions: 150
  • Excess Transaction Fee: $.25 each

SmartAdvantage

checking

Designed for businesses with moderate to high activity such as contractors and retail store owners.

Open Account
  • $500 minimum balance to open
  • $15 monthly Maintenance Fee
  • Minimum Balance: $5,000.00 Average Daily Balance to waive $10 fee
  • Maximum Number of Transactions: 250
  • Excess Transaction Fee: $.25 each

Business Checking accounts features

EMV Chip Debit Mastercard

Digital Banking

Monthly E-Statements

Mobile Deposits

What is needed for a business checking account?

  • Government issued picture identification
  • Business licenses
  • State filed articles of incorporation
  • Tax identification number
  • DBA name registration (if applicable)

Applicable to all Smart Financial Checking products: If you're a new member and using a checking account to establish Smart Financial membership, you will pay a one-time $5 entrance fee in addition to the minimum opening deposit required by the account.

Mobile Deposit is available through our Mobile App. There are restrictions and qualifications in order to be eligible for this service. Your account must be open at least 60 days and maintain a positive balance. All checks deposited through the mobile app are not made available immediately. Other restrictions apply. Visit smartcu.org/mobile to learn more.