Checking Accounts
Regardless of size or industry, Sterling Federal Bank’s trusted Business Banking Team will work with you to design customized solutions to help empower your financial decision making.
Whether you have a small, mid-sized or large business, you will find the right business account to help you confidently manage your everyday expenses.
Business Checking
| Business Checking | |||
| Small Business Checking | Premier Business Checking | Commercial Advantage Checking | |
| Minimum to Open | $100 | $100 | $100 |
| Minimum Balance to Avoid Monthly Fee | None | $5000 | Depends on account activity |
| Monthly Fee | None | $15 | $20 (can be reduced or eliminated with compensating balances) |
| Interest | No | Yes (Tiered) | No (earnings Credit based on balance may offset fees) |
| Transaction Limit | 100 per statement cycle | 200 per statement cycle | All transactions are assessed fees which can be offset by compensating balances |
| Visa Business Debit Card | ✓ | ✓ | ✓ |
| Dedicated Business Banking Team | No | ✓ | ✓ |
Electronic Banking Packages & Cash Management Services
| Electronic Banking Packages & Cash Management Services | |||
| Small Business Checking | Premier Business Checking | Commercial Advantage Checking | |
| Essential Business Banking Packages | $15 per statement cycle | Included at no additional cost | Included at no additional cost |
| Ultimate Business Banking Packages | No | $20 per statement cycle | $20 per statement cycle (can be reduced or eliminated with compensating balances) |
