Whatever your business’s size or structure, we have the perfect Business Checking account for you.
Business Checking Options
| Rise Checking | Bright Business Checking | Bright Plus Business Checking | Commercial Analysis Checking | |
|---|---|---|---|---|
| Earns Interest | — | — | — | — |
| Monthly Maintenance Fee1 | $72 | $102 | $302 | $103 |
| Minimum Balance Requirement to Waive Monthly Maintenance Fee4 | $500 4 | $2,500 4 | $25,0004 | Earnings Credit calculated based on checking account balances and used to offset fees. Balances required to offset fees vary depending on volume of transactions and services used each month. |
| Monthly Combined Transactions at No Charge 5 | 50 | 125 | 250 | — |
| Per Transaction Fee over the Monthly Combined Transactions at No Charge | $0.50 | $0.40 | $0.40 | — |
| Forbright Bank Debit Card |  | | | |
| Bill Pay with Online Banking | | | | |
| E-Statements Available | | | | |
| Treasury Management Services Available 6 | | | | |
| Additional Specific Account Details | — | Incoming Domestic Wires and Reverse Positive Pay at no charge | Incoming Domestic Wires and two Outgoing Domestic Wires per statement cycle at no charge | — |
1 Refer to Schedule of Fees for other charges that may apply.
2 No fee for the first two statement cycles.
3 No fee for the first six statement cycles.
4 Calculated based on daily balance method.
5 The term “total combined transactions” refers to any combination of checks deposited (ATM, branch, mobile deposit), checks paid, electronic debits, electronic credits (including debit card transactions), deposit tickets, and account transfers. The total includes the number of transactions in this account.
6 Treasury Management services are not required to open or maintain an account. Fees and separate agreements for additional services may apply. Contact TreasuryManagement@ForbrightBank.com for more information.
Note: IOLTA and MAHT Checking accounts available. Contact a branch for more information.
Business Checking Rates
Accurate as of
| Interest Rate | APY* | Minimum Opening Deposit | Minimum Balance to Obtain APY | |
|---|---|---|---|---|
| Rise Business Checking | 0.00% | 0.00% | $100 | N/A |
| Bright Business Checking | 0.00% | 0.00% | $100 | N/A |
| Bright Plus Business Checking | 0.00% | 0.00% | $100 | N/A |
| IOLTA | 3.83% | 3.90% | $0 | $0.01 |
| MAHT | 0.10% | 0.10% | $0 | $0.01 |
*Annual Percentage Yield
Rates and APYs are subject to change at any time. Fees assessed to account may reduce the earnings. The disclosed rates on variable accounts (i.e. Checking, IOLTA, MAHT, Savings, and Money Market) may change after account opening.
Register for E-Banking
Business customers can access existing Forbright accounts online through our e-banking portal.