Business Checking

Checking Options for all Business Types

At Franklin Savings Bank, we offer a variety of business checking options, designed to suit any business’ needs!

View Business Checking Comparison Chart
. Eligibility Requirements Minimum to Open Minimum Balance to Avoid Fees Monthly Service Charge Free Transactions Per Month Other Fees

Free Business Checking

Ideal for businesses with <100 transactions.

$100

N/A

N/A

100 free transactions per statement cycle.

Additional items are $0.50 each.

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Small businesses can enjoy all of the benefits of a Franklin Savings Bank Business Checking Account without the minimum balances and fees! This account provides the convenience of a full-service transaction account with added services, at no extra cost.

Schedule an Appointment

Schedule an Appointment with a Business Development Officer
  • No monthly maintenance fee
  • $100 minimum deposit to open account
  • No minimum balance requirement
  • 100 free transactions (checks written and items deposited) per statement cycle; additional items are just $.50 each
  • Visa® Business Debit Card for each authorized user
  • Business Online Banking
  • e-Statements
  • e-Alerts
  • Linked Account Transfers
  • An annual FSB on CD is free to businesses enrolled in Online Banking Executive Cash Management
  • Identity Theft Resolution Services are provided for FREE to business principals and members of their households. Service provided by Identity Theft 911 LLC.

 

Business Advantage Checking

Ideal for businesses with <200 transactions.

$500

$10,000; $5,000 with an FSB business loan balance of $10,000 or more*

$20

200 free transactions per statement cycle.

Additional fees of $0.15 per check paid and $0.50 per deposit will apply for each check paid after 150 and each deposit after 50

More Details

Business Checking

Ideal for businesses with larger balances and transaction activity

$100

Earnings credit based on average collected balance.

$5

N/A

$0.50 per deposit made; $0.10 per item deposited; $0.15 per check paid.

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Sole Proprietor & Organization Checking

Sole Proprietors and Organizations

$50

$500 during the statement cycle.

$7

First 25 checks during the statement cycle.

$0.15 per check paid will apply.

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Non-Profit Checking

For Non-Profits

$50

N/A

N/A

Unlimited

N/A

More Details