As a small business owner, you are essential to our nation's economic success. From providing jobs, creating new products, and driving innovation, your contributions help build vibrant communities across the country. This is why it’s so important for small business owners to access resources that make the most of their money. With Stearns Bank’s BusinessSmart comparison tools, you can do just that.
Do You Know the High Cost of Hidden Fees?
Running a small business is no small feat, and managing your finances is an integral part of the process. With so many different bank accounts and fees to consider, it can be tricky to figure out which is right for your business’s needs.
Many small business bank accounts boast a number of benefits, from low monthly fees and overdraft protection to business resources and support. However, it’s important to do research before signing on the dotted line.
Business bank accounts typically have various fees associated with them, some of which may be hidden from the account holder. Common fees include:
- Returned item fees
- Stop payment fees
- Inactivity fees
- Paper statement fees
- Early closure fees
- Minimum balance requirement penalty fees
- Bank notary fees
- Incorrect information fees
- Online account fees
Catching hidden fees early on can help you avoid costly surprises down the line and keep more of your hard-earned money safe. But what happens if you already have a business bank account? Are you keeping tabs on those hidden fees? Is your bank making the most of your money? That’s when the BusinessSmart comparison tools come into play.
Find the Best Account With the BusinessSmart Comparison Tools
If time is money, you likely don’t have the extra hours to waste researching which business bank account makes the most of your money. Lucky for you, Stearns Bank’s BusinessSmart comparison tools can handle the heavy lifting. With these two easy-to-use calculators, you can compare account possibilities to see how the numbers stack up for yourself.
To use the BusinessSmart Checking or BusinessSmart Marketing Savings comparison tools, all you need is two of your most recent account statements. These calculators will show your estimated earnings and fees — no more time wasted, no more guesswork. With one click, you can find the best fit for your hard-earned money.
Stearns Bank Offers Business Banking Backed by Personal Service
When you're a small business owner, you know the importance of smart solutions that help your company grow. Stearns Bank also understands the many challenges and opportunities that come with owning a business. That’s why Stearns Bank’s BusinessSmart™ and BusinessEssentials™ checking accounts offer a simple, smart, and advantageous way to manage your banking needs.
From on-demand advice with business banking specialists to above-average interest rates and zero hidden fees, Stearns Bank’s business deposit products are created to help small business owners achieve big dreams.
The Stearns Bank team is happy to talk through business account comparisons to find the best account that fits your business needs. Plus, we answer on the first ring! Reach out today to get started.