Designed for Businesses Big & Small
Whether you’re a small business, nonprofit organization or a larger company, we’ve created business checking accounts suited to your size and goals!
| Small Business Checking Account | Regular Business Checking Account | |
|---|---|---|
| Minimum opening balance | None | None |
| Minimum monthly balance | Maintain a $300.00 balance or more to avoid a monthly service fee | Maintain a $20,000.00 balance or more to avoid a monthly service fee |
| Monthly service fees |
$6.00 fee is waived with an average monthly balance of $300.00 or more or if you maintain a loan with American Bank |
$12.00 fee is waived with an average monthly balance of $20,000.00 or more or if you maintain a loan with American Bank |
| Process fee |
First 100 items* free; each item thereafter is $0.25/item. |
First 200 items* free; each item thereafter is $0.25/item. |
| Coin & Currency Charging |
Coin: $0.10/roll Currency: $0.25/strap Fees can be avoided with a loan relationship with American Bank |
Coin: $0.10/roll Currency: $0.25/strap Fees can be avoided with a loan relationship with American Bank |
| More details | Learn more about the Small Business Checking Account | Learn more about the Regular Business Checking Account |
* Items include deposits, checks written, and checks deposited. Item counts are on a per month basis.