Business Deposit Accounts
Business checking and savings accounts to meet your every need and fit your individual style. From simple to complex financial requirements, our checking and savings accounts offer the features you need for the way you like to bank. Our knowledgeable and friendly bankers will work with you to make sure all your needs are met so you can spend less time worrying about finances and more time enjoying life.
FDIC Insurance coverage:
$250,000 per depositor, per insured bank. This includes principal and accrued interest up to a total of $250,000
All of our commercial checking accounts offer the following features for FREE:
- Online & Mobile Banking with Bill Pay
- Instant Issue MasterCard Debit Card
- First order of standard personalized checks free - up to $25 value
- No ATM charges for Debit transactions in MasterCard network
- Debit Card Fraud Monitoring
- Cash management (coin and cash exchange)
- Overdraft Privilege Consideration
- Online Statements with Check Images (with accountant access)
- ID Theft Assistance
Charter Client Business Checking
This special basic checking account is for small businesses opening their primary operating account with Scottsdale Community Bank during the bank's first 120 days of banking operations. In addition to the commercial checking account features mentioned above for free, the account includes the following features for the client's first year:
- No monthly service charges
- No transaction maximums
- First order of standard personalized checks free - up to $50 value
- No application fee for Business MasterCard Credit Card
- No fee for bank account feed to QuickBooks
Small Business Checking
This is a basic account for small businesses. Primarily for DBA’s, sole proprietorships, and partnerships with average daily balances less than $500 and having activity less than 25 transactions per month.
- $100 minimum deposit to open
- Unlimited debit/credit/ POS/ACH items
- Account analysis
- Bill Pay
- Online banking (ability to add recipients, including CPA, allowing them electronic access to your monthly statements)
- Debit card
- No minimum balance
- First order of standard personalized checks free- up to $25 value
- Mobile Banking
- Mobile Deposit Anywhere
- E-statements
- Free Small Business Checking Account or Business Analysis Checking account.
- With Business Analysis account, related accounts can be "grouped" so that both general banking transactions and cash management fees are listed for a client's records. A target balance may be left uninvested to offset all or a portion of estimated monthly service charges, or all available funds can be invested to maximize investment income
- Dependent on account's average collected balance, account may be maintained without incurring monthly service charges. Normal service charges may be offset, or reduced, if the earnings credit is greater than the service charge
Business Interest-On-Checking
- $500 minimum
- Account designed for sole proprietorships, trade associations, non-profit organizations, and state and local governments which are looking for an account that pays interest
- Interest-bearing account.
- No service charge on accounts with an average collected balance of $2,500 or more during the monthly statement cycle
- Number of withdrawals & transfers that may be made from this account each month is unlimited. Bank reserves the right to require a minimum 7 days prior written notice of such withdrawals or transfers
