Colonial Platinum Business Checking
Elevate Your Business with 1st Colonial's Platinum Business Checking
At 1st Colonial Community Bank, we understand that experienced business owners need more from their banking solutions. That's why we've designed our Colonial Business Platinum Checking account to offer premium features that help you get the most out of your deposit balance. As a community bank with deep roots in South New Jersey, we're committed to supporting businesses in in Southern New Jersey and Southeastern Pennsylvania.
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Colonial Platinum Business Checking: A Premium Solution for Your Business
Our Colonial Business Platinum Checking account is more than just a bank account—it's a financial tool designed to support your business's growth and success. Here's how it can benefit your business:
- Interest-Bearing: Make your money work harder for you. Our Platinum Business Checking account pays interest on your balance, helping you grow your funds over time.
- Cost-Effective: With a $20 monthly maintenance fee that's waived with a minimum daily balance of $3,500, our account is designed to support businesses with excess balances or investable balances.
- Transaction Capacity: Our account allows for 25 transactions per month at no extra cost, perfect for businesses with moderate transaction needs.
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Experience the Platinum Difference Today!
Ready to elevate your business banking experience? Contact our business team at 1st Colonial Community Bank to set up an appointment. Whether you're in Collingswood, Westville or Limerick, PA, we're here to help your business thrive with our premium checking solutions.
Frequently Asked Questions About Premium Business Checking Accounts
How do I open a Business Checking account?
You can contact our business team at 1st Colonial Community Bank to set up an appointment and open a Business Platinum Checking account.
What documents do I need to open a business checking account?
To open a business checking account, you will typically need business identification documents (such as formation documents and a business license), an Employer Identification Number (EIN) or Social Security Number (SSN), proof of business address, valid identification for all authorized signers, business financial information, and additional documents based on your business.
What is a premium Business Checking account?
A Business Platinum Checking account is a premium business checking account that offers interest on your balance and other benefits for businesses with higher balances.
How is the interest on my account calculated?
Interest is calculated using the daily balance method, which applies a daily periodic rate to the collected balance in the account each day.
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