Empowering Big Dreams
At Sovereign Bank, we provide custom business solutions that are right for you.
Business Checking
The perfect account for scaling your business
- Free Basic Business Online Banking
- Free Mobile Deposit
- Plus more features
Business Interest Checking
An account that earns interest for your growing business
Free Basic Business Online Banking
Free Mobile Deposit
Plus more features
Business Money Market
Save while you earn a competitive variable tiered interest rate
- Free Basic Business Online Banking
- Free Mobile Deposit
- Plus more features
Commercial Analyzed Checking
Contact our Treasury Management Department for pricing at treasury@banksovereign.com
Bank with confidence.
We handle your business with care. We get to know your needs and recommend the best products and accounts to get you back to doing business.
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Business Checking |
Business Interest Checking |
Commercial Analyzed Checking |
Business Money Market |
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Description |
Simple Business checking to meet your needs |
Tiered interest account focused on your business |
Designed for large transaction volume and service fee reduction needs |
Tiered interest account focused on balance growth |
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Minimum deposit to open |
$100 |
$100 |
$100 |
$5,000 |
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Pays interest |
No |
Earns competitive variable interest rate |
No |
Earns competitive variable tiered interest rate |
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Monthly service charge |
No |
$10 |
$10 |
$10 |
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How to waive monthly balance requirement |
N/A |
Maintain a daily balance of $2,500 |
Contact our Treasury Management Team for details |
Maintain a daily balance of $5,000 |
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Transaction limits |
First 150 debit transactions are free (excessive $0.50 per) |
No transaction limit |
No transaction limit |
6 withdrawals per month (excessive $5 per) |
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Features and benefits |
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No minimum balance required to earn APY. For tier information, see rate sheet provided separately.