Small Business BankingAccount Options

When you're a Chevy Chase Bank Business Banking customer, you can also save time and money through our great payroll and merchant services offers.

Our other business deposit accounts include:

IOLTA Accounts
The Interest on Lawyer Trust Account (IOLTA). The IOLTA was built for lawyers in private practice who receive client funds to be held in trust for a short period of time. With an IOLTA, you can:

• Conveniently manage client funds
• Meet compliance requirements
• Maintain record-keeping
• Save money on taxes
• Earn interest on the funds
• Avoid minimum balance requirements and monthly fees
• And, Chevy Chase Bank is proud to offer a rate based on the Honor Roll rate

Savings, Money Market Accounts and CDs
Savings, Money Market, Commercial Money Fund and CDs provide:

• A convenient interest-bearing savings account
• Higher interest rates with higher balances

For More Information
For more information or to open an account, call us at 1-877-987-4BIZ (4249), contact a Business Banking Officer or visit a Chevy Chase Bank branch near you.

Small Business Checking Comparison Chart
	Small Business Banking Package Small Business Checking Commercial Checking Organizational Interest Checking2 No-Minimum Checking2   For growing businesses that need multiple accounts For businesses with limited activity that want to manage checking costs Offset service charges with an earnings credit based on account balances A low-cost interest checking account Ideal for businesses that prefer an account with no minimum balance requirement Key Features Free Online Banking for Small Business Free Online Bill Payment e-Statements Statement Select Free Business Check Card Chevy Chase Rewards Unique Features   Up to three separate checking accounts with a single combined balance requirement Low minimum balance requirement to avoid monthly fee Balances offset charges Earn interest on excess funds Cost-effective for non-profit organizations and sole proprietors   A combined statement summarizing checking account balances Convenience of combined transactions No limitations on account activity Manageable costs with service charges based on account activity Predictable fee schedule   Free unlimited checks paid and deposited items           Free Small Business Credit Consultation         Fees3 and Minimum Balance Requirements Minimum Balance Requirement to avoid monthly fee $5,000 combined average daily collected balance in up to three Package Accounts $1,000 minimum daily balance No minimum balance required No minimum balance required No minimum balance required Monthly Maintenance Fee if minimum balance requirement not met $17 $12 $13 $13 $6 Checks Paid and Items Deposited Unlimited 250 combined per month; $0.30 per item thereafter $0.15 checks paid; $0.10 deposited items; Fees can be offset with balances $0.15 checks paid; $0.10 deposited items 40 checks paid per month; $0.25 per item thereafter; 100 deposited items per month; $0.10 per item thereafter

¹ Subject to credit approval. Discounts available on business loans and lines of credit up to $250,000.
² Available for non-profit organizations and sole proprietors.
³ For additional fees, refer to our Schedule of Fees for Business Accounts.