Business Checking & Savings
Forcht Bank offers a variety of checking and savings accounts to help you manage your cash flow. Manage your everyday expenses with a Business Checking Account - or keep your money growing with one of our interest yielding Business Savings Accounts. No matter the need, we have an account that works for you.
Business Checking and Savings Accounts
Choose from four different checking account options that all share these same key features:
- Online, Mobile, and Telephone Banking
- Online Bill Pay
- Printed or eStatements
- ATM/Debit Mastercard®
Build Your Business And A Banking Relationship
Small Business Works Checking
- $100 minimum opening deposit
- No minimum balance required
- No monthly service charge
- Up to 75 FREE transactions each month (deposits*, withdrawals, or ACH), $0.35 for each transaction over 75
- First order of 150 standard business checks FREE
- Sweep excess funds into a business money market account
Business Interest Checking
- $1,000 minimum opening deposit
- Up to 150 FREE transactions each month (deposits*, withdrawals, or ACH), $0.35 for each transaction over 150
- Earn interest on monthly average balance
- $10 monthly service charge if balance falls below $1,000
Business Analysis Checking
- No minimum opening deposit
- No minimum balance required
- $15 monthly service charge, which may be offset by earnings credit
- Online Treasury Management available: wire transfers, ACH, EFTPS Tax Payments, Payroll/Direct Deposit (ACH)
- Sweep excess funds into a business money market account
Community Interest Checking
- $100 minimum opening deposit
- No minimum balance required
- No monthly service charge
- Up to 250 FREE transactions each month (deposits*, withdrawals, or ACH), $0.35 for each transaction over 250
- First order of 150 standard business checks FREE
- Earn interest on balance each month equal to our current business money market rate (with minimum $500 average daily balance)
Business Money Market Savings
- Earn interest on monthly average balance
- Up to 6 withdrawals and unlimited deposits per month
- Minimum opening deposit is $10,000.
- $7.50 monthly service charge if balance falls below $10,000.
Platinum Business Money Market Savings
- Earn interest on monthly average balance - Call for rates
- Up to 6 withdrawals and unlimited deposits per month
- Minimum opening deposit is $100,000.
- $20.00 monthly service charge if balance falls below $100,000.
*Deposit refers to credit to account, not each individual credited item. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
Rates
*Effective as of 2/21/2024
| Account | Min. Balance to Obtain APY1 | Interest Rate | APY2 |
|---|---|---|---|
| Platinum Business Money Market | up to $99,999.99 | 0.15% | 0.15% |
| $100,000 - $249,999.99 | 1.25% | 1.26% | |
| $250,000 - $499,999.99 | 1.50% | 1.51% | |
| > $500,000 | 1.75% | 1.76% |
2The interest rate and Annual Percentage Yield (APY) may be subject to change after account opening.
