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 certain fees associated with your account based on the 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.
$100 minimum balance to open
$25 Monthly Account Maintenance Fee waived by maintaining a $500 minimum daily balance
250 processed items per month ($0.50 per additional item)
$5,000 in cash deposits per month without fee ($0.75 per additional $1,000)
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
-
{97} Benefits and features are subject to customer qualification and approval by Simmons Bank.
-
{165} All accounts subject to approval. Restrictions apply.
-
{44} Account analysis allows commercial customers to use collected balances on deposit to pay for certain bank service fees. An Earnings Credit Rate (set by the bank and subject to change at any time) is assigned to the average collected balance for the month. The earnings credit earned will be used to pay for certain service fees that have accumulated for the month. If the earnings credit exceeds the applicable service fees, no service fee is charged to the account. If the earnings credit is less than the applicable service fees, the difference is charged to the account. Excess earnings credit is not carried over month to month. Some Charges such as Stop Payment Requests, NSF Charges, and other charges that may be incurred are not eligible to be offset by an Earnings Credit Rate and will be charged directly to the account.