Perfect for Small Business

Business Checking I

If you’re a small business with relatively few transactions, this may be the account for you. It’s a no-frills checking option designed to keep costs to a minimum.

This account is available to all businesses including sole proprietors. Only $50 is required to open an account and monthly service charges are tier based on your average balance and total number of transactions.

Check images are returned with monthly statements.

Minimum Balance Monthly Charge
$3,000 No monthly service charge or per debit charge
$1,500-$2,999 $0.15 cents per debit beginning with the 26th debit
$500-$1,499 $6 plus $0.15 cents per debit beginning with the 26th debit
$0-$499 $8 plus $0.15 cents per debit beginning with the 26th debit

For High Volume Banking

Business Checking II

If you’re a well-established business—or even a new company with a high volume of banking activity—this account was designed for you. While this account has some basic charges associated with it (shown below), they can be offset with an earnings credit by maintaining a higher account balance. For additional details, please see one of our business banking specialists.

Once you’ve opened your account, you will receive monthly account statements that will detail your banking activity and earnings credit. If the earnings credit is larger than the total activity charges, there will be no service charge assessed for that month. If the total charges are larger than the earnings credit, the difference is charged to the account on the 1st business day of the next statement period.

*$1,000 minimum deposit required to open. Non-interest bearing account available to sole proprietorships, partnerships, and corporations

Action Fee
Item Deposited $0.07 cents each
Checks Paid $0.15 cents each
Electronic Debit or Credit $0.15 cents each
Deposited item returned $5 each (charge back)
Account Maintenance $6 monthly

Stretch Your Dollars Further

Not-for-Profit Checking

Not-for-profits do a lot of good in the community. So at Citizens Bank, we try to return the favor. This special checking account offers not-for-profits a way to stretch their dollars as far as possible.

Not-For-Profit Checking earns a competitive interest rate and only requires $50 to open. There is no monthly service charge as long as the balance remains above $1,000. There will be a $9 per month service charge if account balance falls below the $1,000 minimum.

Contact Us to Open Account

  1. Rate may change after account is opened.

We're Here to Help You Save Money

Business Savings Accounts

Businesses come in an array of styles. That’s why our savings accounts do, too. We offer a range of savings accounts so business owners can find the best match for their needs.

Learn More
  • Disputes
  • How to dispute debit card transactions
  • With a Roth IRA, you typically pay taxes on the money before you contribute to your IRA. This means you generally can make qualifying withdraws once you reach 59 1/2 years of age without paying additional taxes on the distributions.

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