Business Banking
 
 
   
Business checking accounts

The PrivateBank gives you checking account options that fit your business. You'll enjoy low minimum deposits and fees. You can even earn interest on some accounts.

Use this chart to choose the best account type for you:

  Piedmont Business Checking Piedmont Business Plus Interest Piedmont Community and Civic Piedmont IOLTA
Available for
Any business
Sole proprietors, DBAs, nonprofits and municipalities
Civic and community organizations
Attorneys
Minimum opening deposit

$100

$100

$100

$100

Maintenance fee

$20 / month

Waived if average daily balance is $2,000 or more

$25 / month

Waived if average daily balance is $2,500 or more

None
None
Transaction fees

200 / month free

$0.20 for each additional

200 / month free

$0.20 for each additional

100 / month free

$0.20 for each additional

None
Interest paid
No
Compounded daily and credited monthly with no minimum balance required
No
Compounded daily and credited monthly with no minimum balance required
Online account access to:
  • view account balance
  • transfer funds between accounts
  • place stop payments
  • order checks
  • view cancelled checks
  • Yes
    Yes
    Yes
    Yes
    Online bill payment
    Yes

    Yes

    Yes
    Yes
    Online treasury management services
    Yes
    Yes
    Yes
    Yes

    The PrivateBank also offers personal checking accounts.

    See deposit account agreement and deposit accounts fee schedule for additional fees and conditions

     
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