Sturgis Bank

Business Checking Accounts

Essential for Business Growth

Whether you’re launching a new business or want to upgrade some of your company’s financial services, Sturgis Bank has a checking account that will meet your needs.

Our business checking accounts:

Integrate easily with your operation’s accounting and budgeting software
Offer business-specific features like merchant services and direct deposit
Have superior customer service support

We offer business checking account options for large companies, small businesses, and non-profit organizations. You’ll find an overview of each type of account in the table below.

If you’re ready to open a business checking account or would like to discuss which account best fits your needs, contact our Business Development Office today. Set a firm foundation for success with Sturgis Bank.

Oak Business Checking

Businesses with minimal account activity

Corporate Checking*

Corporations, Limited Liability Companies, Professional Limited Liability Companies, Limited Liability Partnerships, General Partnerships, Professional Corporations and Estates

Premium Business Checking

Civic, Church, Religious, Non-profit Organization or Affiliated Civic, Religious, Charity, Non-profit Organization Public Funds, State, County, Township, City or Village Governmental Entity or Schools

	Oak Business Checking	Corporate Checking*	Premium Business Checking
Minimum Opening Deposit	$100	$100	$100
Minimum Balance to Avoid Service Fee	Maintain 100 or less debit items to avoid transaction fee	Maintain an average balance sufficient to offset service and debit fees	Maintain $100 average balance
Monthly Service Charge	$0.10 per debit item for items 100-200 $0.16 per debit item for 201 or more items	$4 plus $0.12 per debit item. This fee can be offset by an earning credit calculated at a variable earning rate on 100% of the average balance per statement cycle	$7 if balance falls below $100
Qualifications	Businesses with minimal account activity	Corporations, LLCs, PLLCs, LLPs, Partnerships, Prof. Corporations & Estates	Individual or unincorporated persons; Civic, Church, Religious, or Non-Profit organizations; Municipalities
Interest	No	No	Yes, tiered interest rate
Related Services	Business eBanking - Business Bill Pay - Mobile Banking - Merchant Services (available through affiliate) Treasury Management - Visa® Business Check Card**

Oak Business Checking
Opening Deposit $100
Minimum Balance to Avoid Service Fee Maintain 100 or less debit items to avoid transaction fee
Monthly Service Fee $0.10 per debit item for items 100-200 $0.16 per debit item for 201 or more items
Qualifications Businesses with minimal account activity
Interest No
Related Services Business eBanking - Business Bill Pay - Mobile Banking - Merchant Services (available through affiliate) Treasury Management - Visa® Business Check Card**

Corporate Checking*
Opening Deposit $100
Minimum Balance to Avoid Service Fee Maintain an average balance sufficient to offset service and debit fees
Monthly Service Fee $4 plus $0.12 per debit item. This fee can be offset by an earning credit calculated at a variable earning rate on 100% of the average balance per statement cycle
Qualifications Corporations, LLCs, PLLCs, LLPs, Partnerships, Prof. Corporations & Estates
Interest No
Related Services Business eBanking - Business Bill Pay - Mobile Banking - Merchant Services (available through affiliate) Treasury Management - Visa® Business Check Card**

Premium Business Checking
Opening Deposit $100
Minimum Balance to Avoid Service Fee Maintain $100 average balance
Monthly Service Fee $7 if balance falls below $100
Qualifications Individual or unincorporated persons; Civic, Church, Religious, or Non-Profit organizations; Municipalities
Interest Yes, tiered interest rate
Related Services Business eBanking - Business Bill Pay - Mobile Banking - Merchant Services (available through affiliate) Treasury Management - Visa® Business Check Card**

*If the entity provides check cashing services to their customers, the Bank may assess a $100 monthly fee for account review
**Subject to credit approval