Business Checking
Give your business a solid foundation.
The right accounts are an asset to your business. And the right banker will work with you to meet your particular business needs with a high level of personal service and the convenience of state-of-the-art technology. Whether you’re a sole proprietor or mid-sized business, a community group, or a non-profit organization, BankCherokee offers checking & savings accounts to help you more efficiently manage your day-to-day cash flow.
Small Business Checking
For companies with limited transaction volume.
Benefits
- 100 free transactions per month1
- Business Overdraft Protection2
- Free Business Check Card2
- Surcharge-Free ATMs
- Free Apple Pay, Google Pay & Samsung Pay
- Free Internet Banking
- Free Bill Pay
Minimum Balance Requirements
$500 Average Monthly Balance
Monthly Maintenance Fee
$5 per month if balance falls below minimum
Statement Options
- Free Paper Statement (does not include check images)
- Paper Statement with check images $5 per month
- Free eStatement with check images
Activity Fee
40¢ per transaction over 100
Business Checking
For companies with moderate transaction volume.
Benefits
- 300 free transactions per month1
- Business Overdraft Protection2
- Free Business Check Card2
- Surcharge-Free ATMs
- Free Apple Pay, Google Pay & Samsung Pay
- Free Internet Banking
- Free Bill Pay
Minimum Balance Requirements
$2,500 Average Monthly Balance
Monthly Maintenance Fee
$10 per month if balance falls below minimum
Statement Options
- Free Paper Statement (does not include check images)
- Paper Statement with check images $5 per month
- Free eStatement with check images
Activity Fee
40¢ per transaction over 300
Veteran's Small Business Checking
For Veteran owned companies with limited transaction volume.
Benefits
- 200 free transactions per month1
- Business Overdraft Protection2
- Free Business Check Card2
- Surcharge-Free ATMs
- Free Apple Pay, Google Pay & Samsung Pay
- Free Internet Banking
- Free Bill Pay
Minimum Balance Requirements
$500 Average Monthly Balance
Monthly Maintenance Fee
$5 per month if balance falls below minimum
Statement Options
- Free Paper Statement (does not include check images)
- Paper Statement with check images $5 per month
- Free eStatement with check images
Activity Fee
40¢ per transaction over 200
Commercial Checking
For companies with high transaction volume.
Benefits
- Earnings credit to offset service fee3
- Free Business Check Card2
- Surcharge-Free ATMs
- Free Apple Pay, Google Pay & Samsung Pay
- Free Internet Banking
- Free Bill Pay
Minimum Balance Requirements
None
Monthly Maintenance Fee
$15 per month. Can be offset by earnings credit3
Statement Options
- Free Paper Statement (does not include check images)
- Paper Statement with check images $5 per month
- Free eStatement with check images
Activity Fees
- 15¢ per check/debit
- 40¢ per deposit/credit
- 8¢ per deposited on-us item
- 12¢ per deposited transit item
- 10¢ per $100 cash deposited
- Uncollected funds charge4
Community Checking
For Non-Profit organizations, associations, youth groups & clubs.
Benefits
- 30 free transactions per month1
- Free Internet Banking
- Free Bill Pay
Minimum Balance Requirements
None
Monthly Maintenance Fee
None
Statement Options
- Free Paper Statement (does not include check images)
- Paper Statement with check images $5 per month
- Free eStatement with check images
Activity Fee
40¢ per transaction over 30
- Transaction is defined as a check, ATM/ACH withdrawal, check card transaction, transfer, deposit ticket and each item included within the deposit.
- Subject to approval.
- Earnings Credit: A non-cash credit to your checking account that is an offset against your service charges.
- Uncollected funds charge: The portion of the deposit not yet collected. If a negative collected balance occurs during the statement period, it will be charged interest at 4% + prime as published daily in the Wall Street Journal.