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BusinessSmart Checking

You’re always adapting to challenges and seeking new opportunities. And, while some things may be out of your control, your checking account shouldn’t be.

With a BusinessSmart™ checking account, you’re in control. Plus, you’re always backed by an expert team, driven by a passion to help you reach your goals.

BusinessSmart business checking from Stearns Bank

Which business account is right for you?

With BusinessSmart checking, there is one, simple, transparent checking account option. Don’t bother sorting through a long list of choices that overwhelm your decision.

Instead, choose the option that includes all the best features: no minimum balance, no opening balance requirements, no hidden fees. No paying for things you don’t need.

Contact a Business Banking Expert

BusinessSmart Checking Account Features

A BusinessSmart Checking account gives you simple options and valuable tools for managing your business.

  • No opening balance requirement

  • No hidden fees

  • No minimum balance

  • Earn interest on any balance

  • StearnsConnect online and mobile banking – free with your account

  • Free monthly eStatements

  • Stearns Bank customer service – get help from a live representative

  • Nationwide ATM network – more than 41,000 free ATM locations for easy access to your money

  • Debit card paying Diamond Cash Rewards for your purchases

  • Autobooks for managing customer payments – send invoices and offer online payment options (monthly subscription fee)

BusinessSmart Checking for small business

Bring it all together

Chances are, you’re going to need multiple accounts. Combining a BusinessSmart checking account with a BusinessSmart market savings account keeps your overall banking connected. Your savings can grow, while you’ve got the cash flow you need.

And, for your personal life, we recommend Above the Norm™ checking, savings and CD accounts.

See our blog: The 5 Benefits Of Having Multiple Business Accounts


Account Comparison Tools

Knowing potential account fees and interest rates helps you make better decisions about where and how to do your business banking. 

With no-obligation comparison tools, we make it simple for you to compare other accounts to BusinessSmart™ checking or market savings accounts.  Let's do the comparison and help you make the best decision for your business. 

Explore Comparison Tools


Get paid faster

Autobooks is an online service that makes it easy for customers to pay you and efficiently manage your accounts receivable.

  • Send invoices directly to your customer's inbox
  • Accept on-the-spot electronic payments
  • Offer convenient online payment options
  • Deposit payments directly into your checking account
  • Review customer payment activity – who has paid, who still owes money

Send yourself a sample invoice, schedule a 10-minute demo and more.

Learn More About Autobooks
Autobooks - professional invoices, receivables management

Take Your Non-Profit Mission Further

As a non-profit organization, you make the most of your contributions and carefully manage your funds. That’s why we’re proud to offer cost savings on BusinessSmart checking accounts. Non-profit account holders receive 100 free ACH entries every month with NO FILING FEE. Plus:

  • No monthly service fees
  • Access to funds any time with free online and mobile banking
  • Helpful tools such as custom activity alerts, remote deposit and wire transfers from your phone

Contact a Business Banking Expert

Checking account for nonprofit organizations

Account Features

Simple. Smart. Rewarding. This is how we do business banking.

Contact a Business Banking Expert


We've simplified the best checking account options, creating one easy choice.


Bank when and where it's convenient for you. StearnsConnect online and mobile banking is always open. 


Grow your money

  • 0.25% APY* if balance is $24,999.99 or less
    A balance of $0.01 is needed to earn the APY.
  • 0.50% APY* if balance is $25,000.00 or more

Diamond Cash Rewards

  • 0.10% cash rewards on EVERY debit card purchase, deposited to the account monthly**
  • * APY is annual percentage yield. Rates are accurate as of 02/01/2023 and subject to change at any time, including after account opening. Fees may reduce earnings.
  • ** Earn up to $500 per month. Pending and preauthorized debit card transactions do not earn cash rewards until the final transaction posts to the account. Cash rewards rate effective 02/01/2023.

Nationwide ATM Network

Get easy access to your cash, with no fees. Our nationwide ATM network has more than 41,000 locations. Find an ATM or branch location.

StearnsConnect online and mobile banking


Online and mobile banking for your growing business

StearnsConnect is the safe and secure platform that allows you to manage your accounts anytime, anywhere, from any device.

  • Check balances and review transactions
  • View online statements
  • Deposit checks remotely
  • Transfer funds
  • Pay bills and manage automatic payments
  • Wire funds and schedule ACH transactions
Learn More About StearnsConnect
Greg Haffely

"I’m happy I made the switch to Stearns Bank. Change is sometimes hard, but Stearns Bank made it easy. They went above and beyond to make me feel comfortable."

Greg Haffely
Senior Vice President, Employee Health and Benefits
Marsh & McLennan Agency LLC
Golden Valley, MN

Fraud prevention programs at Stearns Bank

Financial Fraud Protection

Stearns Bank program recognizes latest scams

Anyone can fall victim to financial fraud. Fraud schemes are becoming more sophisticated and difficult to detect. Stearns Bank has a robust fraud prevention program to monitor threats and take action. If we notice suspicious or unusual activity on your business or personal accounts, we will intervene to help prevent financial loss. Contact us if you suspect fraudulent activity on your Stearns Bank account.

See our blog on fraud prevention programs at Stearns Bank.

Learn More

Frequently Asked Questions (FAQ)

What types of accounts do you have?

For personal banking we offer Above the Norm Checking and Above the Norm Market Savings. For business banking we offer BusinessSmart Checking and BusinessSmart Market Savings. Stearns Bank also offers certificates of deposit (CDs) to business and personal banking customers, as well as individual retirement accounts (IRAs).

Do you offer cash rewards on debit card purchases?

Stearns Bank offers 0.10% Diamond Cash Rewards on BusinessSmart Checking debit card purchases. Up to $500 per month deposited into your account.

Is there a minimum balance requirement for the account?

There are no minimum balance requirements to avoid fees.

Is there a monthly fee?

No, there are no monthly service fees for a BusinessSmart checking account. However, there are fees for add-on services and tools.

Is there a fee for paper statements?

To help you manage your account, our checking products offer an online statement. If a paper statement is preferred, no problem! Paper statements are available for a small fee.

How do I enroll in online banking?

To enroll in online banking, contact the StearnsConnect electronic banking team at 888.629.8707. Or visit, select “Login” at the top of the page, and “Enroll in Business Banking.”

How long does it take to receive my debit card?

Please allow five to seven business days to receive your Stearns Bank debit card. When the card arrives you can earn Diamond Cash Rewards on all your purchases. See our question "Do you offer cash rewards on debit card purchases" for details regarding Diamond Cash Rewards.

Are there transaction charges?

Stearns Bank does not charge customers for basic transactions. However, complex transactions may carry fees. See your account fee schedule for specific rates.

Do you have automatic teller machines (ATMs) that do not charge a fee?

Our accounts include access to more than 41,000 ATMs across the country – with no fees. Look for the MoneyPass and Shazam logos. You also can find ATMs on the Locations/ATM page on

Do these accounts pay interest?

Stearns Bank pays interest on all savings and checking accounts. See disclosures for rate information.

How much money do I need to open an account?

You can open your account today and fund it later.

Can I access my funds right away?

Generally, you can access funds on the first business day after the date of receipt. You will receive a disclosure at account opening that explains when your funds will be available.

Do you have mobile banking, and can I deposit checks remotely via a mobile app?

With the StearnsConnect mobile app, you can deposit checks, view account balances, transfer funds, pay bills – do your banking any time from any place.


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