logo BUSINESS CHECKING OVERVIEW

Business Checking
ACCOUNT FEATURESSMALL BUSINESSCOMMERCIAL BUSINESSBUSINESS INTERESTBUSINESS
MONEY MARKET
 
Business Entity Requirement?AnyAnyAnyAny 
How to Get Account?Open account in personOpen account in personOpen account in personOpen account in person 
Check Images Returned?YesYesYesYes 
FDIC Insured?YesYesYesYes 
Earns Interest?NoEarns CreditWhen balance exceeds $5,000When balance exceeds $500 
Bill Pay?Free with
E-Statements
Free with
E-Statements
Free with
E-Statements
No, but sign up for
E-Statements anyway
 
Earns credits to offset maintenance and activity fees?NoYes, credits may offset fees belowNoNo 
Monthly Service Charge?$0$5$8 if balance falls below $5,000$8 if balance falls below $2500 
Coin & Cash Services?*$20K then $4 per thousandUnlimited except for MSB's**Unlimited except for MSB's**N/A 
Check or Debit per item:500 Free, then 25¢ each10¢100 Free, then
4¢ each
See Business Money Market comments 
Deposit or Credit per item:counts toward 500 free listed abovecounts toward 100 free listed aboveUnlimited 
      

*Cash & Coin Services: Coin wrapped, cash strapped for free with a typical Commercial Business Checking account. Special rates apply for cash-intensive businesses, such as check cashers. Coin wrapping available only at Cedar City and Kanab offices.

**MSB = Money service business, such as one that cashes checks for customers.

Two-Signatures Required: Any two-signatures required account is subject to a $10 service fee if the account balance falls below $1,000 any time during the monthly cycle.

logo OTHER STATE BANK BUSINESS ACCOUNT OPTIONS

State Bank offers other options for businesses including: