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.

Commercial Checking

Ideal for larger companies with higher volume activity including wire transfers, multiple accounts and cash management services.

  • $100.00 minimum deposit to open
  • NO MONTHLY MINIMUM BALANCE FEE
  • Earnings credit – Receive credit for your account balances to partially or completely offset your monthly analysis fee.
  • Analysis fees:
  • $0.15 per deposited item
  • $0.15per check and debit paid
  • $0.30 per deposit and credit
  • FREE Business VISA® Check Card
  • Business Online Banking
  • Business Online Bill Pay
  • Cash Management Services*
  • FDIC Insured

Small Business Checking

Ideal for companies having fewer than 250 transactions per month.

  • $100.00 minimum deposit to open
  • NO MONTHLY MINIMUM BALANCE FEE
  • No charge for deposits or for first 250 debits; $0.10 each thereafter
  • Non-interest bearing
  • FREE 1st order of wallet style checks at no charge
  • FREE Business VISA® Check Card
  • Business Online Banking
  • Business Online Bill Pay
  • Cash Management Services*
  • FDIC Insured

Not-for-Profit Checking

Account provides safety, convenience and competitive interest rates for not-for-profit organizations.

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  • $100.00 minimum deposit to open
  • $500 Average Daily Balance to avoid the $10 monthly maintenance fee
  • Rate tiered by account balance
  • Unlimited check writing privileges; no per check fees
  • FREE 1st order of wallet style checks at no charge
  • FREE Business VISA® Check Card
  • Business Online Banking
  • Business Online Bill Pay
  • Cash Management Services*
  • FDIC Insured

Business Money Market Checking

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

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  • $1000 minimum deposit to open
  • $1000 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
  • FDIC Insured

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.

CLICK HERE FOR RATES

  • $100.00 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
  • FREE 1st order of wallet style checks at no charge
  • Business Online Banking
  • Business Online Bill Pay
  • Cash Management Services*
  • FDIC Insured

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