Best Free Business Checking Account

How we picked the companies to evaluate:

NerdWallet reviewed the top 25 financial institutions by domestic deposit assets, the top 25 by number of branches, the top 20 by search volume, the top 10 credit unions by membership, the top 10 credit unions by deposits, and emerging and notable players.

How we chose the winner:

Among financial institutions with free business checking (no monthly fee or minimum balance), the winner was the institution with the highest number of free transactions per month.

In case of a tie, banks and credit unions were compared by category in the following order until one institution remained:

  • ATM access (institutions with national ATM availability were given priority).
  • Most branches.
  • Banking experience.

How we verified our data:

NerdWallet writers and editors confirmed fees, rates, policies and other key features on each financial institution’s website. If an institution’s website was missing information, we contacted a representative directly for confirmation.