Business Checking

OptimumBank caters to businesses of any size. Whether you are just starting out or a well-established business, you will find we have products designed for all of your banking needs.

SIMPLY FREE BUSINESS CHECKING*

Perfect for most businesses!

  • $50.00 minimum deposit to open
  • NO MONTHLY MINIMUM BALANCE FEE
  • 1,000 FREE items per month, including checks paid, checks deposited, ACH debits
  • and ACH credits)
  • Non-interest bearing
  • FREE Business VISA® Check Card
  • FREE Mobile Banking with mobile deposit
  • FREE Business Online Banking
  • FREE Business Online Bill Pay
  • FREE eStatements with check images
  • Cash Management Services**

*Other fees such as Overdraft/NSF Fee, Fee to Return Item, Consecutive Days OD Fee, etc. may apply. See fee schedule for details. Ask us for details. Bank rules and regulations apply.

COMMERCIAL CHECKING

For businesses with more complex banking needs!

  • $50.00 minimum deposit to open
  • No minimum balance requirement
  • $15.00 maintenance fee
  • Earnings credit – Receive credit for your account balances to partially or
  • completely offset your monthly activity fees.
  • Analysis fees:
  • $0.15 per deposited item
  • $0.15 per check and debit paid
  • $0.15 per deposit and credit
  • FREE Business VISA® Check Card
  • FREE Mobile Banking with mobile deposit
  • FREE Business Online Banking
  • FREE Business Online Bill Pay
  • FREE eStatements with check images
  • Cash Management Services**

BUSINESS INTEREST CHECKING

Designed for businesses interested in higher interest!

CALL 954-900-2800 FOR CURRENT RATES

  • $50.00 minimum deposit to open
  • $5,000 minimum daily balance to avoid the $6 monthly maintenance fee
  • 1,000 FREE items per month, including checks paid, checks deposited,
  • ACH debits and ACH credits)
  • No minimum balance to earn interest
  • FREE Business VISA® Check Card
  • FREE Mobile Banking with mobile deposit
  • FREE Business Online Banking
  • FREE Business Online Bill Pay
  • FREE eStatements with check images
  • Cash Management Services**

INTEREST ON TRUST ACCOUNT (IOTA)

This account is for attorneys and law firms that hold clients’ funds in escrow. Interest is transferred monthly to the Florida Bar Association.

CALL 954-900-2800 FOR CURRENT RATES

  • $50.00 minimum deposit to open
  • No minimum balance to earn interest
  • Monthly maintenance fee of interest earned less than or equal to $25. The
  • amount of interest earned in excess of $25 is remitted to the Florida Bar Association.
  • Unlimited check writing privileges; no per check fees
  • Business Online Banking
  • Business Online Bill Pay
  • FREE eStatements with check images
  • Cash Management Services**

BUSINESS MONEY MARKET

Ideal for small to mid-size companies who would like to earn a competitive
rate of interest while maintaining ready access to cash.

CALL 954-900-2800 FOR CURRENT RATES

  • $1,000 minimum deposit to open
  • $1,000 minimum daily balance to earn interest
  • $1,000 Average Daily Balance or Direct Deposit to avoid the $20 monthly maintenance fee
  • Interest rate tiered by account balance
  • Limited to six (6) third-party debits by means of check, preauthorized automatic transfers, telephone transfers, electronic banking or mobile banking. $10 per
  • excess debit per statement cycle
  • 1st  order of wallet style checks at no charge
  • Business Online Banking

* Cash Management Services are subject to bank approval and additional fees may apply.