Building relationships, growing success
Business checking to meet any need—from sole proprietors to corporate accounts, we've got the right account for you. Open an account and we’ll grow from there.
Small Business Checking*
Simple, convenient and affordable, our business checking meets the needs of most small to medium sized businesses perfectly. All you need and nothing you don’t. Simple!
Features
- $100 minimum to open
- Average monthly ledger balance of $1,000 must be maintained to avoid the $5.00 monthly service charge
- Debit card
- Digital Banking
- Business Bill Pay is $9.95 per month
- Mobile Banking
- 300 free items per statement cycle**
- Month-end statement cycle to simplify bookkeeping and accounting
- FDIC Insured
* A Truth in Savings disclosure for each of our accounts is available at all offices upon request.
** An item includes any deposit ticket, deposited check, check written, debit card transaction or ACH credit or debit to your account during each statement cycle.
Commercial Checking*
When your businesses’ needs are a little more dynamic, our commercial checking account can flex right along with you. This account lets you be both agile and bold!
Features
- $100 minimum to open
- Earnings Credit Rate**
- $5 monthly Maintenance Fee, plus
- $0.40 per deposit ticket
- $0.15 per deposited item
- $0.20 per debited item (Checks or ACH)
- Debit card
- Digital Banking
- Business Bill Pay is $9.95 per month
- Mobile Banking
- No transaction limits per statement cycle
- FDIC Insured
* A Truth in Savings disclosure for each of our accounts is available at all offices upon request.
** Earnings Credit: Each month, an earnings credit will be calculated based on your account balance each day. Earnings credit rate may change each statement cycle. If earnings credit exceeds the monthly charges, there will be no service charges for that month. Excess earnings credits per statement cycle cannot be applied to the account to offset future fees.
Non-Profit Checking*
Being a community bank means that supporting our community is a big part of what we do. That’s why we’ve created a special interest-bearing account just for organizations like yours.
Features
- $25 minimum to open
- Earns interest
- No monthly service charge
- Debit card
- Digital Banking
- Business Bill Pay is $9.95 per month
- Mobile Banking
- No transaction limits per statement cycle
- FDIC Insured
* A Truth in Savings disclosure for each of our accounts is available at all offices upon request.
business savings
Competitive rates and a focus on convenience for you will make saving for your business easy—you'll thank you later.
Features
- Digital Banking
- Mobile Banking
- FDIC Insured
- eStatements (paper statements subject to a $2.95 fee*)
ACCOUNT ReQUIREMENTS
- Opening deposit of $500 is required
- Average monthly ledger balance of $500 must be maintained to avoid a $10.00 monthly service charge
*Paper statement fee is waived when monthly statement is combined with another account, or when received electronically. For all other accounts, this fee is waived when monthly statement is combined with another account, or when received electronically.
Interest is calculated on the Average Monthly Ledger Balance, paid and compounded monthly.
Note: Rates are subject to change without notice, and may change after account opening. Fees may reduce earnings. Penalty for early withdrawal from Certificate of Deposit which may reduce earnings.
debit cards
Debit cards are the best of cash and credit. With your BS&L debit Mastercard®, banking is convenient and secure. Your card works as an ATM card and as a debit card, which means you can perform savings, checking or money market account transactions at any ATM.
get better control over business spending
With your BS&L debit Mastercard, you can easily manage business expenses by keeping all your business transactions in one place. This really helps to separate your business and personal expenses, which is always a challenge for small businesses.
Convenience
Your debit card offers the same convenience as a credit card and comes without the hassle or worry of carrying too much cash.
Fincen beneficial ownership registry
Many companies are required to report information to the Financial Crimes Enforcement Network (FinCEN) about the individuals who ultimately own or control them. FinCEN began accepting reports on January 1, 2024. Learn more about reporting deadlines. How do I file? Do I qualify for an exemption? How do I get a FinCEN ID?
You may wish to contact your attorney or financial advisor on how best to proceed. Click here to go the the FinCEN site for more information.
