Business Checking Accounts

Two Checking Accounts Built for Business Owners

Your business is unique, and so are your needs from your business checking account. PSB Bank gives our business banking customers - Business Checking and Business Interest Checking. Both these accounts offer:

Free eStatements
Free online banking and bill pay
Free mobile banking
Free zippered money bags
Unlimited deposits
Night depository services

If you're interested in opening a business checking account at PSB Bank, please contact our offices to speak with a member of our business banking team.
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Compare PSB Bank's Business Checking Account Options

Feature	Business Checking	Business Interest Checking*
Best For	Businesses wanting a simple, no‑fee checking account	Businesses maintaining higher balances and earning interest
Monthly Maintenance Fee	None	None
Minimum Balance Requirement	None	$1,000 daily minimum ($15 fee if balance falls below $1,000 any day in statement period)
Interest Earned	No	Yes (variable; compounded monthly)
Deposits	Unlimited	Unlimited
Fees & Charges	• Overdrafts: $30 per item (max $180 per day; no charge under $5 or if balance is between ‑$5 and $0) • Returned checks: $30 per item (max $180 per day) • Stop payments/renewals: $25 per request • Paper statements: $4 per statement • Extra statements: $10 per statement • Telephone transfers: $2 per transfer • Automatic overdraft transfers: $5 per transfer • Account research/reconciliation: $30 per hour (1‑hour minimum) • Dormant account: $5 per month on balances under $200 after one year of inactivity • Account closed with negative balance: $25	• Minimum balance fee: $15 if balance falls below $1,000 any day in statement period • Overdrafts: $30 per item (max $180 per day; no charge under $5 or if balance is between ‑$5 and $0) • Returned checks: $30 per item (max $180 per day) • Stop payments/renewals: $25 per request • Paper statements: $4 per statement • Extra statements: $10 per statement • Telephone transfers: $2 per transfer • Automatic overdraft transfers: $5 per transfer • Account research/reconciliation: $30 per hour (1‑hour minimum) • Dormant account: $5 per month on balances under $200 after one year of inactivity • Account closed with negative balance: $25

*Interest Accrues monthly; compounds monthly; credits monthly. At our discretion we may change the interest rate on your account. If the account is closed prior to interest posting: Interest is forfeited.

Business Checking Rates

Rates current as of 6/17/2026

Interest Rate	Annual Percentage Yield¹ (APY)	Minimum deposit to open account	Minimum balance required to earn interest
0.15%	0.15%	$10,000	$0 - $50,000
0.20%	0.20%	-	$50,000.01 - $150,000
0.25%	0.25%	-	$150,000.01 & Over

¹APY = Annual Percentage Yield; fees could reduce earnings on accounts.

Interest rates and annual percentage yields are current as of the effective date at the top of this rate sheet. Interest rates are subject to change. The minimum deposit to open account amounts is the minimum balance required to earn the Annual Percentage Yield.