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