Checking

A business checking account is the foundation of cash flow management for your business. Superior National Bank offers checking solutions that simplify the way you bank, whether you’re an entrepreneur, larger corporation, or anything in between. All of our accounts come with FREE e-Statements, FREE ATM / debit cards and the convenience of FREE Online Banking and Bill Pay.

Account Name Minimum to Open Account Monthly Fee Balance to Avoid Monthly Fee Interest Learn More
Small Business $50 N/A N/A No

Small Business Checking:

For small businesses with low- to moderate-levels of activity, SNB’s Small Business Checking account delivers the convenience you need with no monthly service charge.

Details:

  • 200 FREE items per statement cycle ($0.20 per additional item)
Basic Business $50 N/A N/A No

Basic Business Checking:

For businesses (such as DBAs or sole proprietorships) maintaining higher balances and more transaction activity, a Basic Business Checking account provides you with the tools you need to manage your business cash flow.

Details:

  • No monthly service charge
  • Earnings credit per statement cycle ($0.10 for every $100 of the average collected balance, up to the service charge amount assessed per statement cycle)
  • Transit items not drawn on SNB are assessed a service charge of $.03 per item
  • Deposit tickets and checks drawn on SNB are assessed a service charge of $0.05 per item
Commercial $50 $5 N/A No

Commercial Checking:

For businesses with higher levels of transactions and higher balances, we have an account that works the way you do. Commercial Checking is designed for corporations and LLCs.

Details:

  • $5 monthly service charge
  • Earnings credit per statement cycle ($0.10 for every $100 of the average collected balance, up to the service charge amount assessed per statement cycle)
  • Transit items not drawn on SNB are assessed a service charge of $.03 per item
  • Deposit tickets and checks drawn on SNB are assessed a service charge of $0.05 per item
Business One $50 $6 $5,000 Yes

Business One Checking:

Entrepreneurs earn interest on their balances with Business One Checking. This account works as hard as you do! Not available to corporations.

Details:

  • Earns interest (variable and subject to change daily, see rates)
  • In addition to the monthly service charge, a $0.10 per item charge applies when daily balance is $5,000 or less
  • Transit items not drawn on SNB are assessed a service charge of $.03 per item
Public Funds $50 $3 $2,500 No

Public Funds Checking:

SNB’s Public Funds Checking is a straightforward account solution for governmental agencies such as counties, cities, townships, and schools. Public Funds Checking is a non-interest-bearing account.

Details:

  • A $0.10 per item charge applies when daily balance is $2,500 or less
  • Earnings credit per statement cycle ($0.10 for every $100 of the average collected balance, up to the service charge amount assessed per statement cycle)
Public Funds NOW $50 $6 $5,000 Yes

Public Funds NOW Checking:

This interest-earning account was created especially for the unique needs of governmental agencies such as counties, cities, townships, and schools.

Details:

  • Earns interest (tiered rate, variable and subject to change daily, see rates)
  • A $0.10 per item charge applies when daily balance is $5,000 or less
Business Money Market $50 $5 $1,000 Yes

Business Money Market Checking:

Earn a competitive interest rate on your balances while maintaining limited transaction access to your funds.

Details:

  • Earns interest (tiered rate, variable and subject to change daily, see rates)
  • Six transactions per statement cycle. $3 per additional debit.
  • FREE checks

All accounts closed within the first 90 days will be subject to a $25 service charge. Other fees, such as overdraft or returned item fees, may apply. Fees may reduce earnings on this account.