Business Checking Accounts

Businesses play a huge role in building communities. When you open a business checking account at Honor Bank, we go above and beyond to support you in building your business. With a century of experience and love for the greater Traverse City area, we actively give back to see people in this region prosper.

We offer highly personalized service and convenient banking tools – all without the headaches that come with big banks. We have several business checking account options, all with different features, such as:

Ready to work with a local bank that cares about you and your business?

If you prefer to learn more first, give us a call at 877.325.8031 or stop by your local branch.

Enjoy Convenient Business Checking Accounts

If you’re looking for the best type of business checking account – one that works as hard as you do – the business banking team at Honor Bank is ready to help you choose the ideal account for your business. We don’t make you navigate your way through a phone tree or wait endlessly for customer service.

Best-In-Town Business Checking

Your primary business checking account doesn’t have to be complicated. Maintain a minimum daily balance of just $500 and receive these great benefits.*

  • No monthly service fees
  • No fees for unlimited deposits
  • No fees for unlimited withdrawals
  • No issue charge for four cashier’s checks per month
  • $4.00 monthly paper statement fee waived with e-Statements

*$12/month and $.60/debit item if minimum daily balance is not maintained.

Business Plus Checking

Honor Bank’s Business Plus Checking accounts offer numerous benefits at a low cost:

  • Four tiers of interest based on account balance
  • Free online banking, bill pay, and e-Notices
  • Small Business Mobile App included – deposit checks without visiting your local branch!
  • 50 transaction items per month at no charge*
  • Low $10.00 monthly service fee
  • $4.00 monthly paper statement fee waived with e-Statements
  • No penalties for withdrawals

*A 40 cent per item fee after the first 50 transaction items.

Business NOW Account

This interest-earning checking account option is available to sole proprietorships and nonprofit organizations. It allows you to earn a little extra while keeping funds accessible. 

  • Interest-bearing account
  • No maintenance fee when minimum balance requirements are met*
  • Free Business debit card with CardCash
  • Overdraft Privilege available
  • Free online banking and bill pay
  • Free e-Statements and e-Notices
  • Small Business Mobile App included

*Minimum daily balance of $1,000 to avoid $8.00 monthly fee.

IOLTA Checking

This account is specially designed for attorneys and law firms to hold funds on behalf of their clients. Honor Bank is an approved financial institution with the Michigan State Bar Foundation and a member of their Honor Roll.

  • No minimum monthly balance
  • No monthly service fees
  • Competitive interest rates

Open a Business Checking Account Today at Honor Bank

Opening a small business checking account at Honor Bank is easy, and our business banking team can help you move your money from an existing account.

We’re small and local, and we think that’s a good thing because our service is personalized. We want to see your business grow, and we’re committed to serving our customers to the standard in our Honor Code. In short, we believe every business should know what it feels like to work with a bank that has its back.

Let us get you the checking account your small business deserves. Stop by your local branch or begin the process online.