Business Checking

Liberty Financial offers four business checking accounts to meet the needs of any business.

Liberty Financial offers a variety of checking accounts to meet the specific needs of both large and small businesses and organizations. Each account type offers free online banking and bill pay.  If you need to open a new business account, click here to view the required documentation.

Types Business Vertical
Business Economy Checking Business Dividend Checking Business Advantage Checking
Minimum to open $50 $50 $100 $500
Minimum balance $0 $0 $0 $0
Complimentary transactions 100** 200* 100* 500*
Monthly fee $0 $0 $10 $15
Minimum balance to avoid fee $0 $0 $5,000 average monthly balance $15,000 average monthly balance
Earns dividends Yes No Yes No
Excess transaction fee $0.35 per item** $0.35 per item* $0.35 per item* $0.35 per item*
Online banking and bill pay Free Free Free Free
Debit Cards Free Free Free Free
Business Mastercard® Available Available Available Available

*Transactions include checks paid, withdrawals, deposits, deposited items, and electronic (ACH or POS) debits and credits. Transactions in excess of the free
amount are subject to a fee of $0.35 per item.

**Transactions include checks paid, withdrawals, deposits, and deposited items. Transactions in excess of the fee amount are subject to the fee of $0.35 per item.

The Business Dividend checking account will be credited all dividends earned during the statement period. See the rate sheet for dividend rates and calculations. Dividends are computed on the daily balance and paid monthly for those days in which the minimum balance is on deposit. Fees may reduce earnings. The Business Vertical Checking account dividends are not paid on balances over $20,000. No dividends paid if all monthly requirements are not met. Monthly requirements include: enrollment in eStatements, one or more online banking or mobile banking login(s), one ore more direct deposit(s) into the account, and fifteen or more debit card transactions. Debit card usage, online and mobile logins, and eStatements enrollment are calculated by post date. ATM transactions do not qualify. We reserve the right to restrict the numbers of Business Vertical Checking Accounts per tax id number.

Liberty Financial verifies the past checking history of applicants with ChexSystems, a national consumer reporting network. Information obtained from the report could result in checking account denial. Federally Insured by the National Credit Union Administration. This information is current as as of 3/14 and may change after that date.

Our business and organization checking account fee schedule is available here.