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Business Checking

You Get More When You Bank Well.

Daily money management made easier.

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
*There is no charge for the first 500 items paid or deposited per statement cycle with Smart Business Checking. A per item charge of $0.50 will be assessed after 500 transactions.
**Message and data rates may apply from your wireless carrier.
***IOLTA Accounts are free of monthly maintenance and activity fees. Other fees may apply.