Commercial Checking Accounts

Offering a full suite of commercial banking accounts, our products will help you achieve more in your business by helping you maximize your dollars and minimize your time.

Account Analysis Checking

For businesses with moderate to high volume activity, Account Analysis Checking provides these competitive advantages:

  • Providence Business Debit/ATM Visa ® Card
  • Optional Online Banking, Mobile Banking and other Cash Management Services
  • Easy-to-read electronic monthly statements with check images in check number order to facilitate account balancing
  • Monthly earnings credits may reduce or eliminate maintenance and activity charges
  • Optional sweep feature (maximize earning on idle cash balances, while maintaining the liquidity your business demands)
  • Optional combining of activities and balances of two or more accounts for the same business to access funds in one account to offset maintenance and activity fees in another account

Small Business Checking

For businesses with smaller balances and low volume activity, Small Business Checking provides these competitive advantages:

  • Providence Business Debit/ATM Visa ® Card
  • Optional Online Banking, Mobile Banking and other Cash Management Services
  • NO activity charges for fewer than 100 transactions per month including checks paid, deposits, checks deposited, ACH transactions and others**
  • Easy-to-read electronic monthly statements with check images in check number order

 

  • Account Maintenance Fee: $10.00 monthly
  • Account Maintenance Fee waived if:  Maintain a minimum daily balance of $2,500 or $5,000 average daily balance for the statement cycle.

** A $.50 fee applies for each transaction exceeding 100 regardless of the balance maintained.

Mid-Size Business Checking

For businesses with moderate activity, Mid-Size Business Checking provides these competitive advantages:

  • Providence Business Debit/ATM Visa ® Card
  • Optional Online Banking, Mobile Banking and other Cash Management Services
  • NO activity charges for fewer than 300 transactions per month including checks paid, deposits, checks deposited, ACH transactions and others **
  • Easy-to-read electronic monthly statements with check images in check number order to facilitate account balancing

 

  • Account Maintenance Fee: $15.00 monthly
  • Account Maintenance Fee waived if: Maintain a minimum daily balance of $10,000 or $25,000 average daily balance for the statement cycle.

** A $.50 fee applies for each transaction exceeding 300 regardless of the balance maintained.

Community Checking

For non-profit and civic organizations, Community Checking* provides these advantages:

  • Providence Business Debit/ATM Visa ® Card
  • Optional Online Banking, Mobile Banking and other Cash Management Services
  • NO activity charges for fewer than 150 transactions per month including checks paid, deposits, checks deposited, ACH transactions and others **
  • Easy-to-read electronic monthly statements with check images in check number order to facilitate account balancing

 

  • Account Maintenance Fee: $10.00 monthly
  • Account Maintenance Fee waived if: Maintain a minimum balance of $500 or $2,500 average collected balance.

* Providence Charitable and Community products are available to non-profit and civic organizations.  Providence Bank & Trust also reserves the right to limit the availability of Providence Charitable and Community products to accounts with reasonable activity levels.

** A $.50 fee applies for each transaction exceeding 150 regardless of the balance maintained.

 

 

Charitable NOW Checking

For non-profit and civic organizations that want to earn interest, Charitable NOW Checking* provides these advantages:

  • Providence Business Debit/ATM Visa ® Card
  • Optional Online Banking, Mobile Banking and other Cash Management Services
  • Earns Interest
  • Easy-to-read electronic monthly statements with check images in check number order to facilitate account balancing

 

  • Account Maintenance Fee: $10.00 monthly
  • Account Maintenance Fee waived if: Maintain a minimum daily balance of $2,500 for the statement cycle.
  • Account Activity Fees may apply.**

* Providence Charitable and Community products are available to non-profit and civic organizations.  Providence Bank & Trust also reserves the right to limit the availability of Providence Charitable and Community products to accounts with reasonable activity levels.

** $0.50 for each deposit, $0.15 for each item deposited and $0.20 for each item paid.

 

Free downloadable App for Apple and Android users and text message banking are available. Providence Bank & Trust does not charge fees for using the mobile banking service. However, your wireless carrier may charge a fee for SMS (text) messaging and/or data usage, whichever is required for mobile banking. All trademarks, service marks and registered marks are the properties of their respective owners.