Streamline Your Business Processes
No matter your volume or type of business, Bankwell has a Business Checking Account to fit your needs.
Smart Business Checking
- $100 minimum to open account
- No monthly maintenance fee
- Up to 500 free debits/credits transactions*
- No ATM Fees Nationwide
- Free E-Statements
- Free Online Banking - Balances, Book Transfers & Stop payments
- Free Online Bill Pay
- Free Mobile Banking**
- Free First Order of Checks
- Free Positive Pay
Analyzed Checking
- Designed to give commercial checking customers the ability to use their balances to reduce the cost of banking services
- Receive an earnings credit that you can carry forward up to 12 months on 100% of your balance to offset fees
Business Checking with Interest
Ideal for sole proprietors. Avoid the monthly maintenance fee and item processing fees of $0.15 for each check written and $0.12 for each check deposited on this account in one of two ways:
- Maintain an average checking account balance of $5,000 for the current statement period, OR
- Maintain an average balance for the previous month statement period of $15,000 in combined
IOLTA Accounts
- FREE*** Escrow Management sub-account
- Manage sub-accounts using a secure portal
- No maintenance fee or minimum balance
- No incoming or outgoing wire fees
- Automatic incoming wire notifications
- Official checks at no charge
- Stop payments at no charge
Escrow Management Account
A simple way for attorneys to organize and manage segregated client assets.
- Allows law firms to easily manage sub-accounts from their office using a secure portal
- Consolidated monthly statements track client deposits and earned interest
- All funds flow into and disbursed out of IOLTA account
- Balance inquiries can be accessed online or by phone
- Online management access saves repeated trips to the bank
- Separate IOLTA statement
- Reduced administration with 1099 IRS Tax Forms automatically issued to clients at year-end
Municipal Checking
- No monthly fees for municipal accounts with a $10,000 average current balance