Business Checking
Business Checking Accounts
Universal Bank offers two types of Business Checking accounts to meet your business and financial needs; Business Basic Checking and Business Interest Checking.
Business Basic Checking
- $20.00 monthly service charge (if balance falls below $1,500.00) *
- $1,500.00 minimum opening balance
- Unlimited check writing
- Free wallet style corporate checks (first order only)
- Free VISA® check card
- No transaction fees at Universal Bank or Allpoint ATM’s
- Qualifies for Commercial Account Analysis
Business Interest Checking
(Designed to meet the needs of Sole Proprietors and None-Profit Organizations)
- $25.00 monthly service charge (if balance falls below $2,500.00) *
- $1,500.00 minimum opening balance
- Up to 25 checks and 10 deposits per statement cycle with NO FEE
- Free VISA® check card
- No transaction fees at Universal Bank or Allpoint ATM’s
- Interest bearing – interest compounded daily and paid monthly **
- $100.00 Minimum Balance to Earn Interest
- Qualifies for Commercial Account Analysis
Learn more amount this product by speaking with one of our product experts today.
Call, or contact us by completing our Secure Contact Form. We will respond promptly.
Based on activity, all Business Accounts are subject to be placed under analysis. A fee will be charged for Account Analysis. Please refer to our Schedule Of Fees for more information.
* Minimum balance is required or compensating balance of $10,000.00 in any other Universal Bank account to avoid monthly service charge.
** No interest is earned if balance drops below $100.00.