Find a Free Business Checking Account

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Free business checking accounts are available nationally, by state and by region. This guide will help you find a bank or credit union that offers business checking accounts with no monthly service fee.

Keep in mind that even though these institutions offer free business checking, you could still be charged for overdrafts, excess transactions or excess deposits.

» Want to see the best overall accounts? Check out NerdWallet’s Best Free Business Checking Accounts

If you're not sure what to look out for:

Big-name banks that offer free business checking accounts

A few larger bank chains that offer free business checking have branches in many states.

Online banks that offer free business checking accounts

Most small companies and entrepreneurs can open business checking accounts online instead of in person.

Compare business checking accounts

» Check out our picks for the best free business checking accounts

» Looking for a personal account, too? Check out our best free personal checking accounts 

Free business checking accounts by state

If none of the above options are available in your state, you would rather bank in person or you prefer a smaller bank, check out the options below.

National Cooperative Bank: Basic Business Checking Northrim Bank: Business Edge Checking

BNC National Bank: Free Business Checking Comerica Bank: Basic Business Checking FirstBank: Business Checking

Beneficial State Bank: Small Business Checking Comerica Bank: Basic Business Checking FirstBank: Business Checking

ANB Bank: Business Choice Ent Credit Union: Free Business Checking 5Star Bank: 5Star Commercial Checking Partner Colorado Credit Union: Basic Business Checking

Liberty Bank: PayBack Business Checking Washington Trust: Small Business Checking

National Cooperative Bank: Basic Business Checking United Bank: Free Business Checking

Ameris Bank: Business Checking Iberia Bank: Free Business Checking

Central Bank: Small Business Checking First Merchants Bank: First Business Checking First Financial Bank: Basic Business Checking Old National Bank: Free Business Checking Wintrust Bank: Entrepreneur Checking

First Merchants Bank: First Business Checking Horizon Bank: Micro Business Checking First Financial Bank: Basic Business Checking Old National Bank: Free Business Checking Wintrust Bank: Entrepreneur Checking

ANB Bank: Business Choice Arvest Bank: Free Small Business Checking Central Bank: Small Business Checking Central National Bank: Central Business Value

The First: First Free Business Checking Gulf Coast Bank & Trust: Business Checking Home Bank: Small Business Checking Iberia Bank: Free Business Checking

Bar Harbor Bank & Trust: Easy Business Checking

Howard Bank: Small Business Checking First National Bank: Free Small Business Checking United Bank: Free Business Checking

Digital Federal Credit Union: Business Checking Washington Savings Bank: Free Business Checking

1st State Bank: Business Basic Checking Comerica Bank: Basic Business Checking Flagstar Bank: Standard Business Checking Horizon Bank: Micro Business Checking Old National Bank: Free Business Checking

Bank Forward: Business 200 Checking Bell Bank: Business Checking BNC National Bank: Free Business Checking First National Bank Minnesota: Free Checking Spire Credit Union: Classic Business Checking WESTconsin Credit Union: Business Checking

Opportunity Bank of Montana: Free Business Checking

Arbor Bank: Simple Business Checking Central National Bank: Central Business Value

America First Credit Union: Basic Business Checking

Bar Harbor Bank & Trust: Easy Business Checking Digital Federal Credit Union: Free Business Checking

The Bank of Princeton: Wise Business Checking Columbia Bank: Business Checking Popular Bank: Popular Business Checking United Teletech Financial Federal Credit Union: Free Business Checking

National Cooperative Bank: Basic Business Checking Popular Bank: Popular Business Checking

First National Bank: Free Small Business Checking United Bank: Free Business Checking

Bank Forward: Business 200 Checking Bell Bank: Business Checking BNC National Bank: Free Business Checking

City National Bank: Best Free Business Checking First Merchants Bank: First Business Checking First National Bank: Free Small Business Checking First Financial Bank: Basic Business Checking National Cooperative Bank: Basic Business Checking United Bank: Free Business Checking

Beneficial State Bank: Small Business Checking BECU: Basic Checking

First National Bank: Free Small Business Checking The Bank of Princeton: Wise Business Checking Pennsylvania State Employees Credit Union: Business Checking United Bank: Free Business Checking

Washington Trust: Small Business Checking

Ameris Bank: Business Checking First National Bank: Free Small Business Checking

Andes State Bank: Free Checking

Trustmark National Bank: Free Business Checking

Comerica Bank: Basic Business Checking City Bank: Small Business Checking Iberia Bank: Free Business Checking Trustmark National Bank: Free Business Checking

America First Credit Union: Basic Business Checking Bank of Utah: Free Business Checking First Utah Bank: Free Business Checking

Bar Harbor Bank & Trust: Easy Business Checking Community National Bank: Business Checking

City National Bank: Best Free Business Checking National Cooperative Bank: Basic Business Checking United Bank: Free Business Checking

Beneficial State Bank: Small Business Checking BECU: Basic Checking First Financial Northwest Bank: First Business Checking Harborstone Credit Union: Basic Business Checking

City National Bank: Best Free Business Checking First National Bank: Free Small Business Checking United Bank: Free Business Checking

Alliant Credit Union: Business Checking Spire Credit Union: Classic Business Checking Westbury Bank: Totally Free Business Checking WESTconsin Credit Union: Business Checking

ANB Bank: Business Choice Big Horn Federal Savings Bank: Business Ramcheck

Honorable mentions for free business checking accounts

These banks will waive their monthly fees if you meet additional requirements:

  • BancorpSouth: e-Business Checking (Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas). Required to waive fee: $500 minimum daily balance or five debit card purchases per statement period.

  • Fifth Third Bank: Fifth Third Business Standard Checking Account (Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Ohio, Tennessee and West Virginia). Required to waive fee (any of the following): A combined monthly average balance of $3,500 across business checking, savings and CDs; at least $500 monthly spending across Fifth Third business credit cards; or personal Fifth Third Private Bank Checking account or Fifth Third Preferred Checking® account with a completed Relationship Consent form.

  • Wells Fargo: Business Choice Checking. Required to waive fee (any of the following): $7,500 average balance; $10,000 in combined balances (business checking, savings, CDs and credit); 10 or more posted business debit card purchases/payments; a linked Direct Pay service; or qualifying transactions from a linked Wells Fargo Merchant Services account.

  • First Horizon Bank: Basic BizEssentials Business Checking (Florida, North Carolina, South Carolina and Virginia). Required to waive fee: $5,000 daily balance.

You may also want to consider other banking relationships. For example, if you have a small-business credit card from your bank, you may already be eligible for a small-business checking account with waived fees.

Here’s how to choose the right business checking account

  • Consider fees and interest. Look for bank accounts that charge low or no fees. Some business checking accounts also offer an interest rate, although they tend to be low.

  • Look at transaction and cash deposit limits. Evaluate how many monthly transactions your business makes and how much cash your business deposits. Many business checking accounts place limits on transaction and cash deposits, so you’ll want to select an account that meets your needs.

  • Check out your current personal bank, but look at others, too. You’ll want to make sure your business checking account is separate from your personal checking account so that bookkeeping is easier and so you’re getting the right account services for you. Your personal bank might be a good place to start when looking for a new business account since you have an established relationship, but don’t let that limit you from checking out other banks and credit unions.

» Ready to consider other business accounts? Find a business credit card that’s right for you


Did we leave your financial institution off this list? Please let us know.

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