Business Deposit Accounts
At Compass, we understand that each business is unique. So we offer a wide variety of services that can be tailored to meet your individual needs, including a complete range of checking account options. We even offer specialized accounts for smaller businesses.
| Commercial Checking | Treasury Management Commercial Checking | Business Interest Checking | CompassWorks | IOLTA | Small Business Checking | |
| Best for | Businesses with high transaction activity | Businesses with sophisticated needs in monitoring cash flow and liquidity management. Solutions provided via treasury management services. | Sole Proprietors, Non-Profit Organizations and Public Funds | Businesses looking for a package of products and services | Attorneys | Businesses with lowest activity needs or are looking for an inexpensive ancillary account |
| General Fee Structure | Monthly service charge and per item activity fees may be offset by an earnings credit based on Collected Balances | Deposit account fees and fees for other bank services may be offset by an earnings credit based on Collected Balances | Fees are assessed based on activity. Some states feature a balance minimum for monthly maintenance fees. | Linked balances of personal or business accounts may be aggregated to offset monthly services charge. Activity allowance also available. | No fees | No monthly service charge. Activity allowance also available. |
| Interest | NO | NO | YES | NO | YES | NO |
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