Business Checking and Money Market

Checking Accounts for Businesses of any size

Business checking accounts should be feature rich yet easy to understand. Whether you’re looking for unlimited check writing, treasury management accounts for high activity, or ways to earn interest on your excess funds, we have products that do it all.

Business Choice Checking

Business Choice Checking is our most popular business account for those who seek a basic checking account with easy to use online and mobile banking tools.

$100 deposit to open account
Visa® Debit Card¹
Online Banking and unlimited Bill Pay
Mobile Banking with Mobile Deposit²
Check and deposit images returned in statement
200 transactions³ included per month; $0.50 per transaction after 200
$15 or $0 monthly maintenance fee

Do just one of the following to avoid the $15 monthly maintenance fee on your Business Choice Checking account:

Minimum of 10 debit card transactions per statement cycle (includes PIN, signature based, or recurring transactions; ATM transactions are excluded)
Maintain at least a $5,000 average balance in account per statement cycle
Maintain other existing business account relationships⁴ with average balances of $50,000 or greater per statement cycle

¹No ATM fees at Bank7 or Allpoint® Network ATMs. Foreign ATM fees may apply.
²Deposit limits may apply. Carrier message and data rates may apply.
³Transactions include checks paid, items deposited, and all debits and credits. This includes electronic debit and credit transactions.
⁴Based upon Tax ID Number of account owner.
For a complete disclosure of all current rates, fees, terms and conditions, please contact a Bank7 Customer Service Representative.

Commercial Analyzed Checking

As your company grows, so does the need for a checking account that can accommodate that growth. With Commercial Analyzed Checking your account comes with analyzed statements so you can better understand and reconcile your activities on a monthly basis.

Features/Benefits:

$100 deposit to open account
No minimum balance
Visa® Debit Card¹
Online Banking and Bill Pay
Mobile Banking with Mobile Deposit²
Check and deposit images returned in statement
No account analysis charge if the investable balance is adequate to cover the cost of servicing the account
Consolidated statement activity on multiple accounts
Treasury management services available to help streamline day to day operations

¹No ATM fees at Bank7 or Allpoint® Network ATMs. Foreign ATM fees may apply.
²Deposit limits may apply. Carrier message and data rates may apply.
For a complete disclosure of all current rates, fees, terms and conditions, please contact a Bank7 Customer Service Representative.

How Does It Work?

Your account is charged for analysis based on the average investable balance, an earnings credit, and the account activity volume.
The average investable balance is calculated using the average ledger balance less uncollected funds less the legal reserve requirement.
The earnings credit is based on the banks interest rate index.
Ability to group multiple accounts permitting consolidated balances to lower overall charges.

Account Fees:
– $0.40 per deposit, $0.10 per on-us deposited item, $0.12 per not-on-us deposited item, $0.25 per debit
– $20 monthly maintenance fee

Business Money Market

Our Money Market Account is a great secondary business account where you can earn interest on your higher balances with the ability to write checks.

$10,000 deposit to open account
Tiered interest rates compounded and paid monthly on minimum daily balance of $10,000¹
Visa® Debit Card²
Online Banking and Bill Pay
Mobile Banking with Mobile Deposit³
Check and deposit images returned in statement
Total of six checks, debit card transactions, transfers (online, mobile, or telephone), preauthorized or automatic withdrawals allowed per month
No charge for withdrawals made in person or at an ATM
Maintain a $10,000 average monthly balance, or a $15 monthly maintenance fee applies

¹APY (Annual Percentage Yield). Fees on account may reduce earnings. Rates may change after account opening.
²No ATM fees at Bank7 or Allpoint® Network ATMs. Foreign ATM fees may apply.
³Deposit limits may apply. Carrier message and data rates may apply.
⁴Debit transactions on Money Market Accounts are limited by bank policy. Telephone, third-party (drafts) and preauthorized transfers are limited to six per month. Preauthorized transfers include, but are not limited to, transfers processed through Online and Mobile Banking. If withdrawal or transfer limits are exceeded, the account type may be changed or account may be closed.
For a complete disclosure of all current rates, fees, terms and conditions, please contact a Bank7 Customer Service Representative.