Account Features

Montgomery Bank Small Business Free Checking

Minimum to Open
Minimum Balance Requirement
Monthly Service Charge
Per Item Charges
N/A 1
Paper Statement Fee
N/A 2
Cash Deposited Fee
N/A 3
Mobile Deposit Fee
N/A 4
Interest Bearing
Earnings Credit Allowance
Deposit Risk Fee
Negative Investable Balance Charge
10% Reserve Required

Per item charges, per monthly statement cycle:

  1. Up to 300 transactions per monthly statement cycle. Transactions include deposited items, checks paid and electronic ACH debits.
  2. Account must be enrolled in Online Banking and receive Electronic Statements.
  3. Account limited to $10,000 in deposited cash per monthly statement cycle.
  4.  5 free mobile deposits per monthly statement cycle.

*Accounts not meeting listed requirements or exceeding the above limitations will not incur a service charge; however, the account will be moved to the “Blue Business Checking” account which is subject to service charges.

Account subject to additional fees as disclosed on the bank’s Miscellaneous Fee Schedule, Electronic Banking Fee Schedule and Cash Management Fee Schedule (if applicable) unless stated otherwise.

Open a Business Account

To open a business account with us, please call 1-800-455-2275 or stop by your nearest Montgomery Bank location. We’re looking forward to serving your business needs.