Business 250 Checking Account
Go for a low-cost account with 250 free monthly transactions and free money management tools.
Business Checking Accounts
Find your best business checking account at Carter Bank
Choose from the options based on your volume of business
Business 500 Checking Account
Handle larger amounts of transactions each month with an account that improves your company's efficiency.
|
Business 250 Checking Account
|
Business 500 Checking Account
|
Business Analysis Checking Account
|
|
|---|---|---|---|
| Opening Deposit | $100 | $100 | $100 |
| Daily Minimum Balance Fee |
$0.00 |
$25 Waived with one of the following: |
$0.00 |
| Monthly Fee |
$0.00 |
$0.00 |
$15 Earnings credit allowance on the deposit balances may offset activity fees |
| Monthly Transaction Allowance |
250 items per month |
500 items per month |
$.30 per deposit |
| Fees for Exceeding Transaction Allowance |
$0.50 per excess item fee |
$0.50 per excess item fee $0.75 per $1,000 over first $10,000 currency deposit and/or withdrawal |
$0.00 |
| Coin & Currency deposited per month fee | No fee up to $10,000 currency deposited per month | No fee up to $20,000 currency deposited per month | $.60 per $1,000 currency deposit or withdrawal |
| Fees for Exceeding Deposit Allowance | $.75 per $1,000 | $.75 per $1,000 | $0.00 |
| Online Account Opening Available | Yes | Yes | Yes |
| FREE Business Debit Card | Yes | Yes | Yes |
| FREE Online and Mobile Banking with Carter on the Go | Yes | Yes | Yes |
| FREE Bill Pay with Carter on the Go | Yes | Yes | Yes |
| FREE Mobile Deposit with Carter on the Go | Yes | Yes | Yes |
| FREE eStatements with online check images | Yes | Yes | Yes |
| Instant Issue Debit Cards available in all branch locations | Yes | Yes | Yes |
Business 250 Checking Account
- Opening Deposit
- $100
- Daily Minimum Balance Fee
-
$0.00
- Monthly Fee
-
$0.00
- Monthly Transaction Allowance
-
250 items per month
- Fees for Exceeding Transaction Allowance
-
$0.50 per excess item fee
- Coin & Currency deposited per month fee
- No fee up to $10,000 currency deposited per month
- Fees for Exceeding Deposit Allowance
- $.75 per $1,000
- Online Account Opening Available
- Yes
- FREE Business Debit Card
- Yes
- FREE Online and Mobile Banking with Carter on the Go
- Yes
- FREE Bill Pay with Carter on the Go
- Yes
- FREE Mobile Deposit with Carter on the Go
- Yes
- FREE eStatements with online check images
- Yes
- Instant Issue Debit Cards available in all branch locations
- Yes
Business 500 Checking Account
- Opening Deposit
- $100
- Daily Minimum Balance Fee
-
$25
Waived with one of the following:
• $10,000 minimum avg daily balance
• $15,000 combined deposit balances
• $50,000 outstanding business loan balance - Monthly Fee
-
$0.00
- Monthly Transaction Allowance
-
500 items per month
- Fees for Exceeding Transaction Allowance
-
$0.50 per excess item fee
$0.75 per $1,000 over first $10,000 currency deposit and/or withdrawal
- Coin & Currency deposited per month fee
- No fee up to $20,000 currency deposited per month
- Fees for Exceeding Deposit Allowance
- $.75 per $1,000
- Online Account Opening Available
- Yes
- FREE Business Debit Card
- Yes
- FREE Online and Mobile Banking with Carter on the Go
- Yes
- FREE Bill Pay with Carter on the Go
- Yes
- FREE Mobile Deposit with Carter on the Go
- Yes
- FREE eStatements with online check images
- Yes
- Instant Issue Debit Cards available in all branch locations
- Yes
Business Analysis Checking Account
- Opening Deposit
- $100
- Daily Minimum Balance Fee
-
$0.00
- Monthly Fee
-
$15
Earnings credit allowance on the deposit balances may offset activity fees
- Monthly Transaction Allowance
-
$.30 per deposit
$.15 per item in deposit
$.20 per check written
$.17 per ACH debit or credit - Fees for Exceeding Transaction Allowance
-
$0.00
- Coin & Currency deposited per month fee
- $.60 per $1,000 currency deposit or withdrawal
- Fees for Exceeding Deposit Allowance
- $0.00
- Online Account Opening Available
- Yes
- FREE Business Debit Card
- Yes
- FREE Online and Mobile Banking with Carter on the Go
- Yes
- FREE Bill Pay with Carter on the Go
- Yes
- FREE Mobile Deposit with Carter on the Go
- Yes
- FREE eStatements with online check images
- Yes
- Instant Issue Debit Cards available in all branch locations
- Yes
FAQs
For contact information, including phone numbers, email addresses, and online inquiries, please visit our "Contact Us" page. You can also call us at 833-275-2228, or visit us at one of our locations. To find a location click here.
Our routing number is 051403957. The routing number is also called an ABA number or routing transit number. You can find it in the lower left-hand corner of your checks. Financial institutions use routing numbers to send and receive money from other financial institutions. Routing numbers are essential in many transactions that Carter Bank provides such as wire transfers, check ordering and more. You can also locate our routing numbers in the footer and search functions of our website.
Each depositor is insured through the FDIC (Federal Deposit Insurance Corporation) coverage up to $250,000.
Additional services are offered to extend the coverage of deposits beyond $250,000 based on account classification and ownership type.
You may order your checks online here, visit a local branch or contact us. Products that offer free checks must be ordered at a local branch or by contacting us in order for the checks to incur no charge to the customer. Online ordering will charge the customer for the checks.
Carter Bank is a full-service financial institution with locations throughout Virginia and North Carolina.