Commercial Checking
A checking account ideal for large, commercial businesses.
- $100 Minimum Balance to Open
- Eligible for earnings credit
Ideal for commercial businesses.
Earnings credit allowance may offset monthly Account Maintenance Fee, items processed and/or cash deposited per month based on analyzed account balance{44}
Go paperless with eStatements and avoid a $5 Paper Statement Fee
Debit card included with access to 32,000+ MoneyPass ATMs with no surcharge fee
Treasury Management Services available for payables, receivables, fraud protection, information reporting and liquidity management.
Treasury Management-Lite (TM-Lite)
Treasury Management-Lite (TM-Lite) is a supplemental account for those with a Commercial Checking account. TM-Lite is a cost-effective alternative when minimal transactions are needed and is eligible for Treasury Connect online services. To open a TM-Lite account, reach out to your Treasury Management Officer.
Open with a minimum balance of $100
Maintain a $500 minimum daily balance to waive $25 monthly service charge
First 250 transactions are free. $0.50 per transaction in excess of 250
No charge on cash transactions up to $5,000 per month. $0.75 per $1,000 above $5,000
Account Benefits:
- Simmons Bank Treasury Connect
- eStatements
- Mobile Banking
- Mobile Deposit
- Simmons Bank Debit Card
- Simmons Bank 24-Hour Telephone Banking Service
- Free notary service
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{97} Benefits and features are subject to customer qualification and approval by Simmons Bank.
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{165} All accounts subject to approval. Restrictions apply.
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{44} Account analysis allows commercial customers to use collected balances on deposit to pay for bank service fees. An Earnings Credit Rate (set monthly according to the market) is assigned to the average collected balance for the month. The earnings credit earned will be used to pay for service fees that have accumulated for the month. If the earnings credit exceeds the service fees, no service fee is charged to the account. If the earnings credit is less than the service fees, the difference is charged to the account. Excess earnings credit is not carried over month to month.