Checking

Stonegate Bank caters to businesses of any size. Whether you are just starting out, or are a well established business you will find that we have products designed for all of your banking needs. To compare our offerings, review our Commercial Products Comparison Chart.

For a listing of documents needed to begin your account opening process, please review our Information Required to Open a Business Account.

 

 

Business Basic Checking

Designed for a low-volume small business.

  • $100 minimum deposit to open
  • No monthly maintenance fee with a minimum daily balance of $5,000, otherwise a fee of $10 will be imposed
  • 150 combined items free ($.25 per item in excess)
  • Non-interest bearing checking account

 

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Business Plus Checking

Created for a mid-size business with a growing customer base.

  • $100 minimum deposit to open
  • No monthly maintenance fee with a minimum daily balance of $7,500, otherwise a fee of $15 will be imposed
  • 300 combined items free ($.25 per item in excess)
  • Non-interest bearing checking account

 

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Business Interest Checking

Designed for a sole proprietor or non-profit company.

  • $100 minimum deposit to open
  • No monthly maintenance fee with a minimum daily balance of $1,000, otherwise a fee of $10 will be imposed
  • Interest is paid on ledger balance 
  • 500 combined items free ($.25 per item in excess)

 

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Business Analysis

Designed for a larger company with high-volume activity, multiple accounts, wire transfers and/or cash management needs.

  • $100 minimum deposit to open
  • Competitive earnings credit calculated on average collected balance, less 10% reserve requirement
  • Earnings credit is used to partially or completely offset the monthly analysis charge
  • Standard analysis fees are as follows:
    • $15 monthly maintenance fee
    • 15 cents per check/debit item posted
    • 35 cents per deposit/credit item posted
    • 10 cents per deposited item
    • .0025 cents per $100 for Bank Administration fee
    • 50 cents per strap of currency
    • 10 cents per roll of coin

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Interest on Trust Accounts - IOTA

Designed for attorney trust accounts in accordance with bar association guidelines.

  • $100 minimum deposit to open
  • Interest is paid to your state’s bar foundation (IOTA fees below are deducted from the interest paid)
  • Standard IOTA fees are as follows:
    • $100 monthly maintenance fee
    • 15 cents per check/debit item posted
    • 30 cents per deposit/credit item posted
    • 10 cents per deposited item

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