Business Checking

At Progress Bank, we know the time and energy it takes to build and maintain your growing business. That's why we designed our business checking accounts to serve your daily and long term financial needs quickly and conveniently, allowing you to focus on more important things.


Small Business Checking

Our basic business checking account has a simple flat monthly fee or a low minimum balance requirement for businesses with low transaction activity.

  • $50 minimum deposit to open
  • $1,000 minimum daily balance to avoid maintenance fee
  • $12 monthly maintenance fee if balance falls below minimum daily balance requirement
  • 150 free monthly transactions, $.25 per item over limit
  • Free first order of standard personalized checks

Progress Community Checking

For non-profit organizations with fewer than 75 transactions per month.

  • $100 minimum deposit to open and earn interest
  • No minimum daily balance requirement
  • No monthly maintenance fee
  • 75 free monthly transactions, $.25 per item over limit
  • Free first order of standard personalized checks

Business Interest Checking

Designed especially for sole proprietorships, our Business Interest Checking account lets your business earn interest on its balances, plus you’ll get unlimited check writing and through our preferred provider, free setup of your merchant services.

  • $500 minimum deposit to open and earn interest
  • $2,500 minimum daily balance to avoid maintenance fee
  • $12 monthly maintenance fee if balance falls below minimum daily balance requirement
  • 150 free monthly transactions, $.35 per item over limit
  • Free first order of standard personalized checks

Commercial Analysis Checking

For larger businesses with more transactions, choose Commercial Analysis Checking.

  • $500 minimum deposit to open
  • $15 monthly maintenance fee
  • Earnings credit applied, based on daily collected balance less any reserve requirements to offset account charges.
    - Per deposit/credit item - $.12
    - Per check/debit item - $.12
    - Per deposited item - $.12
    - Free first $10,000 cash deposited - $.10 per $100 thereafter

IOTA (Interest on Trust Account) Checking

An account designed for the unique needs of law firms, it is maintained in compliance with the IOTA program of the Florida Bar and interest is paid directly to the Florida Bar.

 
 
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