No two businesses are the same, which means no two businesses have the same needs. At Colonial, we get it. That's why we offer checking that will accommodate the unique goals and needs of your business.

Business Checking

This account is designed for small businesses that have a moderate number of transactions per month.
  • ​First 100 credits and debits per cycle are free
  • Online banking
  • Business debit card
  • Line of credit available
  • $250 minimum to open
  • $8 fee if balance falls below $2,500

Business Interest Checking

This account is designed for small businesses that have a low number of transactions per month and want to earn interest on their funds.
  • ​First 50 credits and debits per cycle are free
  • Check images in statement and online
  • Online banking
  • Business debit card
  • Line of credit available
  • $250 minimum to open
  • $8 fee if balance falls below $2,500

Business Analyzed Account

This account is designed for businesses that have a higher transaction count per cycle. Account fees may be offset by an earnings credit based on 90-day T-bill rate and combined account balances. We offer competitive analysis pricing. Our business banking specialists can provide you with more details.
  • ​Monthly analysis statement
  • Check images in statement and online
  • Online banking
  • Business debit card
  • Business loans and lines of credit available
  • $250 minimum to open

Business Money Market

This account earns a competitive money market interest rate on business funds and allows for easy access.
  • ​Transaction fee of $10 per pre-authorized transfer in excess of six per month
  • Interest paid on tiered balances
  • $2,500 minimum to open
  • $15 fee if balance falls below $2,500

​Business Edge Premium Money Market

 
  • $25,000 minimum to open
  • $15 fee if balance falls below $25,000
  • $50,000 or less -- 1.00% APY
  • $50,001 to $250,000 -- 4.08% APY
  • $250,001 or over -- 5.13% APY​​


For a complete list of additional services and fees, please contact a Colonial customer service representative.