Business Checking Accounts
At Western Alliance Bank, we offer convenient, cost-saving checking accounts, whether your business is large, small or in-between. In addition to business checking accounts, we offer more specialized account types including nonprofit, political campaign and interest on lawyer’s trust (IOLTA) to help support organizations with unique banking needs.
Business Checking Account Comparison
Business Checking | Business Interest Checking | Business Advantage | Analyzed Business Checking | |
|---|---|---|---|---|
| Best For | Businesses with low-to-moderate volume of activity | Businesses that want to earn interest on account funds and have a low to moderate activity. | For businesses with simple payables and receivables needs offering the ability to combine up to four Business Advantage accounts. | For businesses with high transaction volumes, high checking balances and complex cash-management needs. |
| Minimum Amount to Open Account | $100 | $100 | $100 | $100 |
| Monthly Service Fee | $16/month | $20/month | $50/month Includes up to 4 eligible accounts | Contact us for available customized services and fee information. |
| Ways to Waive the Monthly Service Fee | Daily balance of $2,500 or Nonprofit 501(c)(3) status | Daily balance of $5,000 or Nonprofit 501(c)(3) status | Average collected monthly balance of $50,0001 | Contact us to learn how competitive earnings credits can reduce or eliminate fees and service charges. |
| Debits, Credits & Deposited Items | No charge up to 200 $0.55/item over maximum | No charge up to 200 $0.55/item over maximum | No charge up to 3001 $0.55/item over maximum | Contact us to learn how competitive earnings credits can reduce or eliminate fees and service charges. |
| Interest Earning | No | Yes | No | No |
1. Aggregated across up to four Business Advantage accounts.
2. Other related fees may apply. Refer to the disclosures provided at account opening and the Schedule of Fees and Charges for additional information.
3. Fees may be imposed for additional services related to online banking. Refer to Business Online Banking Setup and Authorization for more information. Enrollment in eStatements, People Pay or Bill pay require additional terms and conditions.