Ben Franklin Bank
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Ben Franklin Bank is dedicated to serving the financial needs of your business. We offer attractive business checking and savings products specifically designed to fulfill your banking needs.

Small Business Checking Account

This account is ideal for businesses generating 150 or less transactions per month.


Minimum Balance to Open the Account

$50.00

Minimum Daily Balance Requirement

$1,000

Monthly Fee

$10.00

Transaction Fee (First 150 transactions)

Free

Over 150 Transactions
Transactions included: checks paid, deposits, checks deposited, ACH (debits and credits)

.50 ea

Check Imaging Statement

Yes

(Fee applies only if the balance in the account falls below the daily balance requirement.)

Commercial Checking Account

This account is designed for businesses who have a higher level of activity and maintain larger balances. The account features an earnings credit that is applied to reduce or eliminate fees on the account.

Minimum Balance to Open the Account

$50.00

Monthly Maintenance Fee

$15.00 per month

Deposits

.50 each

Checks Deposited

.15 each

Checks Paid

.20 each

ACH (debits & credits)

.20 each

Check Imaging Statement

Yes

(Earnings credit in excess of fees for any period is not credited to the account or carried forward.)

Business Statement Savings Account

This account offers a competitive interest rate and is the perfect savings solution for your business. Transfers from a Business Statement Savings account to another account or to third parties by preauthorized or automatic transfer are limited to six per statement cycle.

Minimum Balance to Open the Account

$50.00

Minimum Daily Balance Requirement

$500.00

Monthly Fee

$5.00

(Fee applies only if the balance falls below the minimum daily balance requirement.)

Business Money Market

This is the perfect account for businesses that keep higher balances. The Business Money Market offers maximum returns on excess cash with the highest rates.

Minimum Balance to Open the Account

$50.00

Minimum Daily Balance Requirement

$2,000.00

Monthly Fee

$10.00



(Fee applies only if the balance falls below the minimum daily balance requirement.)

Remote Deposit Capture

Ben Franklin Bank understands that most business owners would prefer to spend more time growing their business and less time managing back room activities. Remote deposit capture allows you to scan your customers' checks from your place of business and electronically deposit them into your account. You will enjoy the benefits of having faster funds availability, convenience, and reduced transportation cost.

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