Business Checking

Image of a computer, calculator, and someone taking notes Beacon Business Bank provides products and services that respond to the unique and individual needs of you and your business. We offer all of the solutions you need for your entire business banking portfolio. Our team delivers personalized services and takes the time to fulfill all of your business banking needs.

Click this link to learn more about our special Non-Profit account.

Business Accounts

Account Name	Basic Business Checking	Small Business Checking	Analyzed Business Checking (IOLTA)
Description	This business checking account offers a lower-cost solution for businesses that have a small number of monthly checks and deposits.	This small business checking offers a lower-cost solution for businesses that have a moderate number of monthly checks and deposits.	This value-added checking account, which is analyzed on a monthly basis, earns credits based on balances that can be used to offset activity fees.
Min Opening Deposit	$100	$1,000	$1,000
Monthly Service Charges	No service charge if you maintain a $1,000 minimum daily balance during the monthly statement period. $10 monthly fee if balance falls below the minimum.	No service charge if you maintain a $10,000 minimum daily balance during the monthly statement period. $18 monthly fee if balance falls below the minimum.	No service charge
Interest*	Non-interest bearing checking account	Non-interest bearing checking account	Non-interest bearing checking account
Debit & Credit Charges	10 deposits per statement cycle, $1.30 per deposit exceeding 10. 50 items deposited per statement cycle, $0.15 per item over 50. 25 checks per statement cycle, $0.20 per check over 25.	20 deposits per statement cycle, $1.30 per deposit exceeding 20. 100 items deposited per statement cycle, $0.15 per item over 100. 50 checks per statement cycle, $0.20 per check over 50.
Other Benefits	Internet Banking and Bill Pay Available for 24-hour account access.	Internet Banking and Bill Pay Available for 24-hour account access.	Internet Banking and Bill Pay Available for 24-hour account access.

* For detailed information on any of these accounts or current interest rates, refer to the Deposit Agreement & Disclosures or call an account officer at one of our locations.

Other Interest Bearing Accounts

Account Name	Interest Checking	Premium Interest Checking	Attorney Trust Account (IOLTA)
Description	This tiered rate checking account provides non-profit organizations, sole proprietorships, and governmental units. It provides the convenience of unlimited check writing capabilities and it earns interest based on your account balance.	This tiered rate checking account is available to non-profit organizations, sole proprietorships, and governmental units. It provides the convenience of unlimited check writing capabilities and it earns interest based on your account balance.	This interest-bearing checking account is available to California attorneys and law firms that receive and disburse client funds. All interest earned, minus any service charges, is sent to the California State Bar Association monthly.
Min Opening Deposit	$500	$10,000	$1,500
Monthly Service Charges	No service charge if you maintain a $1,500 minimum daily balance or a $3,000 average daily balance during the monthly statement period. $10 monthly fee if balance falls below the minimum.	No service charge if you maintain a $10,000 minimum daily balance during the monthly statement period. $10 monthly fee if balance falls below the minimum.	No service charge
Interest *	Tiered interest rate based on your account balance	Tiered interest rate based on your account balance
Debit & Credit Charges	No per check fee for the first 50 checks, if you maintain a minimum daily balance of $1,500 during the monthly statement period.	No per check fee for the first 50 checks, if you maintain a minimum daily balance of $10,000 during the monthly statement period.	No per check fee
Other Benefits	ATM / Debit Cards	ATM/ Debit Cards
	Internet Banking and Bill Pay Available for 24-hour account access.	Internet Banking and Bill Pay Available for 24-hour account access.

* For detailed information on any of these accounts or current interest rates refer to the Deposit Agreement & Disclosures or call an account officer at one of our locations.

Business Money Market Accounts

Account Type	Money Market	Premium Money Market
Description	This tiered rate account allows for unlimited withdrawals when made in person, by mail, by messenger/courier, or through an ATM. This account earns interest based on your account balance.	This tiered rate account allows for unlimited withdrawals when made in person, by mail, by messenger/courier, or through an ATM. This account earns interest based on your account balance.
Min Opening Deposit	$2,500	$10,000
Monthly Service Charges	No service charge if you maintain a $2,500 minimum daily balance or a $5,000 average daily balance during the monthly statement period. $10 monthly fee if balance falls below the minimum.	No service charge if you maintain a $10,000 minimum daily balance during the monthly statement period. $10 monthly fee if balance falls below the minimum.
Interest*	Tiered interest rate based on your account balance.	Tiered interest rate based on your account balance.
Debit & Credit Charges	Pre-authorized debits are limited to no more than six (6) per statement cycle. $10 charge for each transaction beyond six per statement cycle.	Pre-authorized debits are limited to no more than six (6) per statement cycle. $10 charge for each transaction beyond six per statement cycle.
Other Benefits	ATM / Debit Cards	ATM / Debit Cards
	Internet Banking and Bill Pay Available for 24-hour account access.	Internet Banking and Bill Pay Available for 24-hour account access.

* For detailed information on any of these accounts or current interest rates refer to the Deposit Agreement & Disclosures or call an account officer at one of our locations.