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Find a Free Business Checking Account

April 12, 2018
Banking, Banks & Credit Unions, Checking Accounts
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We adhere to strict standards of editorial integrity. Some of the products we feature are from our partners. Here’s how we make money.

You shouldn’t have to pay a fee just to have a small-business checking account.

Use these lists to help find the best provider for your business. Keep in mind that even though these institutions offer free business checking, you could still be charged for overdrafts, excess transactions or excess deposits.

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

Big-name banks

A few larger bank chains that offer free business checking have branches in many states. Use the map to find what’s available in your state, then learn more about account details at the links below.

Online banks

Most small companies and entrepreneurs can open business checking accounts online instead of in person. The U.S. Small Business Administration offers a guide to finding out whether your business is eligible.

» 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 small-business checking by state

If none of the above options are available in your state, you’d 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: eFree Checking Account
Comerica Bank: Basic Business Checking
FirstBank: Business Checking
ANB Bank: BusinessFREE Checking
Ent Credit Union: Free Business Checking
5Star Bank: 5Star Commercial Checking
Partner Colorado Credit Union: Basic Business Checking
Affinity Federal Credit Union: Business Checking
Farmington Bank: Free Business Checking
Liberty Bank: PayBack Business Checking
Washington Trust: Small Business Checking
Artisans’ Bank: Free Business Checking
National Cooperative Bank: Basic Business Checking
United Bank: Free Business Checking
Ameris Bank: Business Checking
Capital Bank: Better Business Checking
Comerica Bank: Basic Business Checking
The First: First Free Business Checking
Iberia Bank: Free Business Checking
Popular Community Bank: Totally Free Business Checking
Space Coast Credit Union: Free Business Checking
Trustmark: Free Business Checking
Bank of Hawaii: Business Checking
Central Bank: Free Small Business Checking
First Merchants Bank: First Business Checking
MainSource Bank: Free Business Checking
Old National Bank: Free Business Checking
Wintrust Bank: Entrepreneur Checking
First Merchants Bank: First Business Checking
Horizon Bank: Micro Business Checking
MainSource Bank: Free Business Checking
Old National Bank: Free Business Checking
Wintrust Bank: Entrepreneur Checking
Alliant Credit Union: Business Checking
Arbor Bank: Simple Business Checking
Bank 1st: Business E-Checking
Bank Iowa: Small Business Checking
American Founders Bank: Go200 Business Checking
City National Bank: Best Free Business Checking
MainSource Bank: Free Business Checking
Old National Bank: Free Business Checking
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
1st Mariner Bank: Small Business Checking
First National Bank: Free Small Business Checking
United Bank: Free Business Checking
Digital Federal Credit Union: Free Business Checking
Farmington Bank: Free Business Checking
Washington Savings Bank: Free Business Checking
1st State Bank: Business 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: America’s Best Checking for Business
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
Affinity Federal Credit Union: Business Checking
The Bank of Princeton: Wise Business Checking
Columbia Bank: Free Business Checking
Popular Community Bank: Totally Free Business Checking
United Teletech Financial Federal Credit Union: Free Business Checking
Affinity Federal Credit Union: Business Checking
National Cooperative Bank: Basic Business Checking
Popular Community Bank: Totally Free Business Checking
City National Bank: Best Free Business Checking
First Merchants Bank: First Business Checking
First National Bank: Free Small Business Checking
MainSource Bank: Free Business Checking
National Cooperative Bank: Basic Business Checking
United Bank: Free Business Checking
Beneficial State Bank: eFree Checking Account
First National Bank: Free Small Business Checking
MoreBank: Business Checking
Pennsylvania State Employees Credit Union: Business Checking
United Bank: Free Business Checking
Ameris Bank: Business Checking
Arthur State Bank: Basic Business Checking
Capital Bank: Better Business Checking
First National Bank: Free Small Business Checking
Andes State Bank: Free 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
Capital Bank: Better Business Checking
City National Bank: Best Free Business Checking
National Cooperative Bank: Basic Business Checking
United Bank: Free Business Checking
Beneficial State Bank: eFree Checking Account
BECU: Basic Checking
First Financial Northwest Bank: First Business Checking
Harborstone Credit Union: Basic Business Checking
Alliant Credit Union: Business Checking
Spire Credit Union: Classic Business Checking
Town Bank: Entrepreneur Checking
Westbury Bank: Totally Free Small Business Checking
WESTconsin Credit Union: Business Checking
ANB Bank: BusinessFREE Checking
Big Horn Federal Savings Bank: Free Ramcheck

Honorable mentions

These banks will waive their monthly fees if you meet their requirements for debit card transactions:

  • BancorpSouth: e-Business Checking (Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas). Required to waive fee: five debit card purchases per statement period.
  • MB Financial: MB Small Business Checking (Illinois). Required to waive fee: four signature-based debit card transactions per statement period.
  • Wells Fargo: Business Choice Checking (in 39 states and District of Columbia). Required to waive fee: 10 debit card purchases or payments per statement period.

You may also want to consider your 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.

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

Margarette Burnette is a staff writer at NerdWallet, a personal finance website. Email: mburnette@nerdwallet.com. Twitter: @margarette. Alice Holbrook and John Gower of NerdWallet contributed to this article.


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