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Business Checking Accounts

A business checking account is essential for managing your company's finances, separating personal and business transactions, and ensuring streamlined operations. Choosing 1st Colonial not only provides a trusted financial partner rooted in local communities but also offers tailored solutions designed to support and elevate your business's growth.


Colonial Business Checking

This account is designed to support small businesses with cost-effective features, high transaction capacity, and adaptability for business of all sizes.

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Colonial Premium Business Checking

This is an interest-bearing account with premium features, catering to businesses with higher balances, and providing cost-effective solutions.

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Have Questions About Business Checking Accounts?

Have questions about our business checking accounts? Don't hesitate to reach out to our business team – we're here to assist you every step of the way.

Contact Our Business Team


  Colonial Business Checking Colonial Platinum Business Checking Iolta Checking

Opening Deposit

$100 $100 $1.00

Monthly Maintenance Fee

$0 $20.00 N/A

Minimum Balance to Avoid Maintenance Fee

N/A $3,500 N/A

Number of Transactions*

500 25 Unlimited

Charge per Transaction*

$0.25 for items > 500 $5 for items > 25 N/A

Interest Bearing

No Yes Yes

Statement Cycle

Monthly Monthly Monthly

 

 

Additional terms and conditions apply. Please contact us for product disclosure information. Minimum daily balance of $0.01 to earn interest.
*Transactions consist of deposits, deposited items, checks paid and received ACH items.

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