Atlantic Union Bank

Atlantic Union Bank is a US bank offering Flex Business Checking and the interest-bearing Flex Business Checking Plus. The bank's profile also lists Sandy Spring Bank as a merged name.

Account packages The packages include 300 or 500 transactions per cycle. Flex Business Checking costs $15 a month, or $0 when the waiver conditions are met. Flex Business Checking Plus costs $25, or $0 with an average balance of $25,000. Companies can add services such as check controls, ACH and remote deposit capture, and the bank lists fraud controls and treasury management among its services.

Deposit protection The bank states that it is a member of the FDIC. Statutory coverage limits, ownership categories and eligibility rules apply to any balance held there.

Who it suits The standard Flex account fits small businesses with moderate volume that can meet the waiver. Plus is aimed at companies that keep a larger balance and want interest. The material does not list wire fees, overdraft charges or the opening deposit, so those are worth confirming. A business that depends on ACH origination or lockbox-type services should ask which of these require a separate treasury agreement.