Business Accounts

SWITCH YOUR BUSINESS CHECKING ACCOUNTS TO PACTRUST BANK

PacTrust Bank provides a variety of business accounts and services for our business and professional customers. The unique needs of your business are important to us, and you can count on us to provide service that's the best anywhere!

PacTrust Introduces Business Checking FREE of monthly service charges!

Basic Business Checking

Perfect for the smaller business wanting extra value. 

• $100 minimum balance to open
• NO monthly service charge
• Up to 200 transactions (debits and/or credits) processed each statement period at no charge
• Transactions in excess of 200 are $0.50 each
• Up to $5,000 cash deposited and/or withdrawn at no charge
• Additional cash deposited and/or withdrawn is $1.00 per $1,000
• Free Online Banking and Bill Pay
• Free MasterMoney Debit Card
• Night Depository
• And more!

We offer these additional accounts and services:

Business Checking

The perfect checking account for just about every small business with moderate transaction activity and cash handling needs. It’s free of monthly service fees with an average daily balance of $5,000.

• $100 minimum balance to open account.
• Up to 200 paid items per month. $0.25 per item over 200.
• Up to 20 free deposits per month. $1.00 per deposit over 20.
• Deposit or withdraw up to $5,000 in currency per month. $1.00 per $1,000 over first $5,000.
• Free tax payments
• Use of Night Depository
• Free Business Online banking - Review account activity, transfer funds between your accounts, view and print free check images.
• Free Bill Payments
• Free MasterMoney Debit Card 
• $5,000 average daily account balance or $10,000 combined daily balance in your deposit and loan accounts to waive monthly maintenance fee of $15.00.

Interest Business Checking

An interest-bearing business checking account for sole proprietors and non-profit organizations. Please see our current Business Account Interest Rates.

• $100 minimum balance to open.
• Up to 150 paid items per month. $0.25 per item over 150.
• Up to 20 free deposits per month. $1.00 per deposit over 20.
• Deposit or withdraw up to $5,000 in currency per month. $1.00 per $1,000 over first $5,000.
• Free tax payments
• Use of Night Depository
• Free Online Banking - Review account activity, transfer funds between your accounts, view and print free check images.
• Free Bill Payments 
• Free MasterMoney Debit Card
• $2,500 average daily account balance or $5,000 combined daily balance in your deposit and loan accounts to waive monthly maintenance fee of $15.00.

 Analyzed Business Checking

If your business processes a lot of checks or deposits each month, you’ll want our Analyzed Business Checking account. It allows your account balances to earn credit to offset monthly service fees. These full service business checking accounts are for larger businesses and those which have significant account activity or require additional depository services.

Balances maintained in the account(s) receive a monthly earnings credit which is applied towards payment of services received. You may open and link multiple Analyzed Business Checking accounts to segregate account activity and better manage your finances.

An Analyzed Business Checking relationship is required to take advantage of PacTrust’s feature-rich "BusinessAccess" online banking and cash management services, including ACH Origination, Wire Transfers, Account Reporting and Remote Deposit. See our BusinessAccess Tool Kit section for additional information regarding Remote Deposit and ACH Origination services.

Also available with Analyzed Business Checking are two great cash management account services to maximize your business profitability: Zero Balance Accounts; and Business Sweep Account services.

All Business Checking Accounts are FDIC insured up to $250,000. 

FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012.  This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules. 

The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest.  It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, money-market deposit accounts, and interest on Lawyers Trust Accounts (“IOLTAs”).

Come in to any PacTrust Bank office or call us at (877) 441-BANK for more information and to discuss you business checking account needs.