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We understand your business keeps you busy. With a Chevy Chase Bank checking
account and nearly 250 branches, you're never very far from your
money. Review the information below to learn which account may best suit your needs.
To open an account or for more information,
visit a Chevy Chase Bank branch near you.
Commercial Checking
The Commercial Checking account is a basic checking account that allows your business to offset service charges with an earnings credit, based on the balances maintained in the account. The Commercial Checking account is well-suited for businesses with high volumes of checks and deposits and those with frequent volume fluctuations.
The Commercial Checking account provides:
- Manageable costs with service charges based on actual volume of activity
- Reduced costs when balances offset service charges
- Facilitated reconciliation and time savings as monthly statements list checks in numerical order
- No limitations on account activity
Organizational Interest Checking
The Organizational Interest Checking account is a low-cost interest checking account designed for
not-for-profit organizations and sole proprietors.
With the Organizational Interest Checking account you receive:
- The convenience and flexibility of a checking account enhanced with the ability to earn interest on idle funds
- Higher interest rates with higher balances
- Manageable costs with service charges based on actual volume of account activity
No-Minimum Checking
Designed for not-for-profit and sole proprietors, the No-Minimum Checking account provides:
- Convenience and flexibility with no minimum balance requirement
- A cost-effective fee structure
- Manageable costs with service charges based on activity volume
Commercial Money Fund
The Commercial Money Fund is an alternative to bank investment accounts as it provides
interest on non-operating account funds with the liquidity not offered by bank investment
products.
With the Commercial Money Fund your business can enjoy:
- Competitive market interest rates
- A tiered interest rate structure with higher rates based on higher account balances
- Convenient access to collected funds
- Flexibility to withdraw funds with up to six pre-authorized transfers during a statement cycle
Zero Balance Accounts
A Zero Balance Account (ZBA) is designed to maximize cash flow for investing or operating needs.
You specify an operating account as the central clearing point for all transactions. A
ZBA is created to serve as a disbursement and depository account. At
the close of each day, the checks and debits presented to the ZBA are automatically covered by
a transfer of funds from the operating account, bringing the ZBA to a daily closing
balance of $0. Multiple ZBAs can be created and linked, allowing you to make the most
of your discretionary funds.
Automated Investment Sweep Accounts
Chevy Chase Bank’s Secured Investment Sweep Account offers a cost-effective and
efficient alternative to money market and certificate of deposit investments. A target
balance is set in your commercial checking account and all collected funds of $1,000 or
more above the target are invested, eliminating idle balances. Our competitive interest
rates are tiered based on the amount invested. Please note that the balances held in the
Secured Investment Sweep Account are not considered a deposit and thus are not insured by
the Federal Deposit Insurance Corporation (FDIC).
To open an account or for more information, visit a Chevy Chase Bank branch near you.
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Account Options