Banc of California

Banc of California is a US bank offering four business checking accounts: Small Business Checking, Business Checking, Business Interest Checking and Analyzed Business Checking. Debit cards, remote deposit and interest checking are among the listed services.

Account lineup The accounts differ in transaction limits and in the balance needed to waive the fee. Small Business Checking costs $9 a month, Business Checking and Business Interest Checking cost $15, and fees may be waived depending on balance. The opening deposit is $100. Small businesses can use remote check deposit and a night depository, which helps firms that handle cheques and cash outside branch hours.

Analyzed account The Analyzed Business Checking account is intended for companies with larger volumes, where charges are offset against account balances. Details of the earnings credit and fee structure are not in the material and should be taken from the tariff.

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

Who it suits The entry account fits small firms, and the interest and analyzed accounts suit businesses with larger balances. Wire, ACH and overdraft fees are worth confirming.