Overview of Simpl•e Checking Account

Low Minimum Balance to Open

Simpl•e Checking was created just for small businesses. That’s why the minimum balance to open an account is just $1.00.

No Monthly Service Fee

Never worry about paying a monthly fee to keep your money with us. Direct your funds to other aspects of your business – not monthly service fees.

Free Mobile Check Deposit, Online Banking and Online Bill Pay

Managing your money is not only easy and convenient – it’s free. With this business checking account, you'll be able to deposit checks via your smartphone or tablet, manage your bills and perform online banking free of charge.

Other Simpl•e Business Checking Benefits

Up to 200 Transactions at No Charge

Feel the freedom of Simpl•e Business Checking and enjoy 200 free transactions per month. Make the transactions your business requires to grow and succeed. There is a $0.25 per-item fee for any additional items over 200 per month.

Waive Your Paper Statement Fee

Go paperless and save money while helping the environment. By enrolling in electronic statements, you'll be able to waive the $10.00 paper statement fee.

Fees Waived for Tax-Exempt Organizations

If you are a part of a 501(c)(3) tax exempt organization using our Simpl•e Business Checking account, you won't have to worry about any transaction and paper statement fees as these are automatically waived for your organization.


Terms & Other Notes

  • Restricted transactions as defined in Federal Reserve Regulation GG are prohibited from being processed through this account or relationship. Restricted transactions generally include, but are not limited to, those in which credit, electronic fund transfers, checks, or drafts are knowingly accepted by gambling businesses in connection with the participation by others in unlawful Internet gambling.
  • The Simpl•e Business Account does not accrue interest.