Basic Business Checking
Salal Basic Business Checking: Simplify your operations with a flexible, easy-to-manage business account.
Whether you’re just getting started or looking for a straightforward way to manage daily cash flow, our Basic Business Checking offers essential tools, low fees, and the convenience of digital banking—so you can stay focused on what matters most: growing your business.Â
Up to
0.05
%
APY*
APY*
Features:
- $500 minimum deposit to open.
- No monthly service fee on average monthly balances above $500.
- Digital banking with user administration and Bill Pay.
Available in these states.
Table Scrolls Right.
| ACCOUNT | MINIMUM DAILY BALANCE REQUIREMENT | INTEREST RATE | APY |
|---|---|---|---|
| BASIC BUSINESS CHECKING | $250.00 - $9,999.99 | 0.00% | 0.00% |
| $10,000.00 - $24,999.99 | 0.05% | 0.05% | |
| $25,000.00 - $49,999.99 | 0.05% | 0.05% | |
| $50,000.00 - $99,999.99 | 0.05% | 0.05% | |
| $100,000.00 - $249,999.99 | 0.05% | 0.05% | |
| $250,000.00 + | 0.05% | 0.05% |
APY = Annual Percentage Yield. $500 minimum opening balance. Fees could reduce earnings on the account.
Questions?
We’re here to help.
Let us know the best way to contact you and a Salal Business Banking Specialist will get back to you.
