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BusinessEssentials Checking

Built for businesses with higher account balances and transaction volumes. Because you shouldn't have to pay more for doing more business. 

Business banking made for you.

Stop paying fees for your business's banking essentials and keep more of the money you earn.

Take Care of Business

  • Free, unlimited ACH transactions
  • Free, unlimited incoming wires
  • Free outgoing wires, one per day
    (International wires - $40)
  • Free, unlimited mobile deposits
  • Free auto cash sweeps (auto transfers between Stearns accounts)
  • Free, unlimited Bill Pay 

Say Farewell to Fees

  • No hidden fees
  • No maintenance fees 
  • No inactivity fees
  • No statement fees, with free monthly eStatements
  • Fee-free, nationwide ATM network

Earn More

Earn interest on any balance
  • 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 03/23/2023 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 03/23/2023.

In control and on the go.

This account is best for businesses that:

  • Maintain a high balance, over $25k**
  • Use ACH payments and wire services
  • Have high transaction volumes, including payroll and bill payments

*The $20 monthly statement credit is conditioned upon the $25,000 average minimum monthly balance being satisfied and is available for the first 36 months after account opening. Available to new BusinessEssentials checking account customers that also open a new equipment finance or loan contract between 02/01/2023 and 06/30/2023. 

**Based on average monthly balance per business account. Deposits held in a different name from the business or by a different business entity cannot be aggregated to satisfy the minimum balance requirement. We total the average monthly balance by adding the average daily balances (calculated by totaling the balances in your account at the end of each day for the statement period), divided by the number of days in the statement period. If business customer does not satisfy the average monthly minimum balance of $25,000, a flat monthly fee of $100 shall apply. 


Merchant Services

Cater to the payment preferences of your customers. Online, in-person or on the go.

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Transfers Made Easy

Remote deposit, ACH, and wire services help your business shift money where it needs to go.

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Accessible Online Banking

Keep your banking in the palm of your hand with 24/7 account access and simple, custom settings. 

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Get Paid Faster

Manage accounts receivable, send invoices, accept online payments, and more.

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Real help from real people

Your account is at your fingertips, but friendly help is also right within reach.

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High-Balance Protection

Extend FDIC coverage across large balances, with a single bank relationship. 

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Expert insight

Take advantage of economic updates with invitation-only access to quarterly webinars.

  • Ask questions
  • Explore economic news and predictions
  • Make better, more informed decisions

Need help deciding if this account is right for your business? Talk with an expert today. 

Contact a Business Banking Expert
Connect with Customer Service