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
  • Monthly earnings credits may reduce or eliminate maintenance and activity charges
  • Easy-to-read monthly statements with check images in check number order to facilitate account balancing
  • Optional online banking and other cash management services
  • 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
  • NO monthly Account Maintenance Fee*
  • NO activity charges for fewer than 100 transactions per month including checks paid, deposits, checks deposited, ACH transactions and others**
  • FREE electronic easy-to-read monthly statements with check images in check number order
  • Optional online banking and other cash management services

* Requires maintaining a minimum balance of $2,500 or $5,000 average collected balance.  A $10.00 monthly Account Maintenance Fee applies if balance does not meet minimum.

** 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
  • NO monthly Account Maintenance Fee*
  • NO activity charges for fewer than 300 transactions per month including checks paid, deposits, checks deposited, ACH transactions and others **
  • Easy-to-read monthly statements with check images in check
    number order to facilitate account balancing
  • Optional online banking and other cash management services

* Requires maintaining a minimum balance of $10,000 or $25,000 average collected balance.  A $15.00  monthly Account Maintenance Fee applies if balance does not meet minimum.

** 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
  • NO monthly Account Maintenance Fee**
  • NO activity charges for fewer than 150 transactions per month including checks paid, deposits, checks deposited, ACH transactions and others ***
  • Easy-to-read monthly statements with check images in check number order to facilitate account balancing
  • Optional online banking and other cash management services

* 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.

** Requires maintaining a minimum balance of $500 or $2,500 average collected balance.  A $10.00 monthly Account Maintenance Fee applies if balance does not meet minimum.

*** 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:

  • Competitive interest rate
  • Compounded tiered interest paid monthly (higher balances earn a higher rate of interest)
  • NO monthly Account Maintenance Fee**
  • Easy-to-read monthly statements with check images in check number order to facilitate account balancing
  • Optional online banking and other cash management services

* 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.

** Requires maintaining a minimum balance of $2,500.  A $10.00 Account Maintenance Fee applies if balance does not meet minimum.