Business Checking

Benefits with every Paragon Bank business checking account:

  • Real-time Online Banking
  • Mobile Banking for smartphones and tablets
  • Paragon Business Instant Issue Debit Card
  • eStatements
  • Mobile check deposits
  • Real-time Account to Account Transfers

Choose the business checking account* that best fits you.

Choice Business Checking

This is the ideal account for businesses that process fewer than 200 transactions per month**, with no service charge and no minimum balance requirement.

Unlimited electronic transactions

No service charge with eStatements***

No minimum balance requirement

Premier Business Checking

Eligible to Sole Proprietorships, DBAs, Clubs and Associations, this account*** offers a tiered interest rate on balances over $2,500

Free cashier’s checks

Unlimited transactions

Community Support Business Checking

Eligible to non-profit organizations only, this account helps give back to those who do so much for others.

Unlimited transactions

No service charge

Business Analysis Checking

If your transaction activity is moderate to high, this account allows you to offset accrued service charges with earnings credits based on your deposits. Earnings credits can also be used to offset costs associated with cash management products.

Earnings credit*

Unlimited transactions

Paragon Bank Business Checking Account Comparison Chart

Business Checking Account FeaturesChoice Business CheckingPremier Business CheckingCommunity Support CheckingBusiness Analysis Checking
$100 minimum opening deposit
Minimum Daily Balance to Avoid Monthly Service Charge$0$2,500$0Varies
Monthly Service Charge$3 only if paper account statements are requested$12N/AVaries
Interest-bearingN/AN/A
Free Paragon Business Instant Issue Debit Card
Free Online and Mobile Banking
Free 24/7 Telephone Banking
Free standard checksFirst OrderFirst Order
Cashier’s checks$6Free$6$6

 

*All business checking accounts are subject to credit approval.
**First 200 items at no charge, then $0.25 per item
***If paper statements, there is a $3 monthly service charge
*** No service charge if a $2,500 daily balance is maintained