Streamline Your Business Processes
No matter your volume or type of business, Bankwell has a Business Checking Account to fit your needs.
Basic Business Checking
- No monthly maintenance fee
- 300 free debits/credits per month ($0.50 per item thereafter)
Business Checking
- Maintain $10,000 average balance or $20,000 average combined balance (Savings, Money Market or CD) to avoid the $15 monthly maintenance fee
- No charge for the first 100 checks paid or first 100 deposited ($0.15 per-check charge thereafter for checks paid; $0.12 per-check charge for checks deposited)
Analyzed Checking
- Designed for commercial checking customers that write a large number of checks and can't predict their minimum balance
- 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 and Attorneys' IOLTAs
- $5,000 average current monthly balance or $15,000 combined current average balance (Savings, Money Market or CD) waives monthly maintenance fee and all charges for checks written or deposited
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
Not-For-Profit Checking with Interest
- Earns interest at a competitive rate when the balance is $5,000 or more
- No monthly maintenance and no charge for checks written or deposited
Municipal Checking
- No monthly fees for municipal accounts with a $10,000 average current balance