Business Checking
Business Checking works with any size business, from startups to large corporations. Look through the information below, then call our Customer Care Center at 888-897-2276 or come by any one of our convenient locations and open your account. To make sure everything goes smoothly, check out the full list of items you’ll need to get started.
| Simply Business Checking | Business Checking with Interest | Commercial Checking | |
|---|---|---|---|
| Free chip-enabled Business Visa Debit Card | ✓ | ✓ | ✓ |
| Free Digital Banking | ✓ | ✓ | ✓ |
| Free ATM useꭞꭞ | ✓ | ✓ | ✓ |
| Free eStatements | ✓ | ✓ | ✓ |
| No minimum balance | ✓ | ✓ | |
| No monthly service charge | ✓ | ||
| Competitive interest^^ | ✓ | ||
| 500 free monthly transactions* | ✓ | ✓ | |
| Deposit up to $10,000 in coin and currency each month for free** | ✓ | ✓ | ✓ |
| Earnings credit allowance | ✓ | ||
| Cash back for debit cards and unused checks from another financial institution~ | ✓ | ✓ | ✓ |
| Minimum opening deposit | $50 | $50 | $50 |
^^ See our checking rates for interest accrual information.
* Transaction items include all debits and credits. There is a fee of $0.25 per transaction after 500.
** There is a $1.50 fee per $1,000 cash deposited over $10,000.
~ Customers will receive $2 per debit card and $2 per book of checks at the time the debit cards and/or checks are presented, up to a maximum of $25.
Simply Business Checking
Perfect for small businesses or established businesses with a moderate number of banking transactions.
- Ease and convenience of a business checking account
- No minimum balance
- No monthly service fee
Business Checking with Interest
Qualifying sole proprietors and not-for-profit organizations can earn interest with this account.
- The account has to have a $2,500 minimum balance to avoid a low monthly fee of $8.
- Look through the rates page for interest accrual information.
Commercial Checking
If your business has more transactions and a higher balance, commercial checking is here to help manage your money while you grow your business.
- Low-cost $12 monthly service fee
- $0.15 transaction fee
- The benefit of an earnings credit that can offset monthly account and service fees
If you’re part of a municipality or handling public funds, Heartland Bank’s experienced team has tools that meet your organization’s unique needs.
Bring some records when you’re ready to open an account:
Sole Proprietor/DBA
Limited Liability Company (LLC)^^
Partnership^^
Not-For-Profit Organization^^
Corporation^^
Some rules around reporting and beneficial ownership changed as of January, 2024. Read through this For more information on the new reporting rules for beneficial ownership information. We put together a PDF that explains some of the changes, if you’re not sure how you’re affected.
To learn more about Heartland Bank Business Checking, visit any of our convenient locations or call the Customer Care Center at 888-897-2276. The Customer Care Center is staffed Monday through Friday 8 a.m. to 6 p.m., and on Saturdays from 8 a.m. to 1 p.m.. Branch and Care Center hours vary by holiday.
^^These business entities also require a copy of unexpired government issued identification for any individual who owns, directly or indirectly, 25% or more of the business opening the account AND for one individual with significant responsibility for managing the business. Visit hbtbank.com/beneficial-ownership or see a Banker for more information.