Frequently Asked Questions

Our Business 250 and 500 Checking accounts are best suited for small and mid-sized businesses, such as cleaning companies, lawn services, hairdressers, restaurants or body shops. The Analysis Checking account is utilized by larger businesses that have a high volume of transactions per month. Please visit our Business Checking page to learn more, contact your local branch, or email us at [email protected], available Monday through Friday from 9:00 a.m. to 5:00 p.m. 

For Business 250 Checking, there is no monthly fee and no minimum balance fee. For Business 500 Checking, a $25 fee will be assessed monthly, if one of the following requirements is not met:  

1. $10,000 minimum daily balance  
2. $15,000 combined deposit balance
3. $50,000 in outstanding business loan balance  

Please visit our Business Checking page to learn more, contact your local branch, or email us at [email protected], available Monday through Friday from 9:00 a.m. to 5:00 p.m. 

Transaction fees vary based on the type of business checking account. Please use the links below to view the current transaction fees on our Business Checking page. Open your new business account.

Fee Schedule | Business Fee Schedule

We offer several options for you to open a Carter Bank checking account. You can complete an online application, schedule an appointment with one of our experienced bank associates, or visit a Carter Bank branch near you to open your Checking account. 

• A $25,000 daily balance,
• $50,000 in combined deposit account balances, or
• $50,000 in outstanding business loan balances.

Absolutely. This account offers check-writing capabilities and access through online and mobile banking, giving your business both flexibility and earning potential. 
 

Every check qualifies as one transaction item