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Checking

Choose the account that will help your business operate efficiently.

Small Business Checking

If your business has a low volume of monthly transactions, this account can provide the flexibility you want and a variety of time-saving business banking services that you need.

Preferred Business Checking

Growing businesses can benefit from this account that accommodates modest transaction volumes.

  • $20 per month service charge, waived if at least a $10,000 minimum in combined deposit balances is maintained
  • 500 free transactions per month: deposits, deposited items, checks processed, ACH withdrawals and ATM & Debit card transactions. Additional transactions are 30¢ each
  • Free Business Savings Account
  • Free Online Banking with Online Bill Pay
  • Free Mobile Banking with Mobile Check Deposit
  • Free Debit BusinessCard and enrollment in Dean Bank Rewards
  • Line of credit available

Commercial Checking

This account supports the higher balances and more frequent transactions of large businesses.

  • Offset some or all charges with Earnings Credits every month
  • Service charges and fees are only assessed to your account if costs exceed your Earnings Credits for the statement period
  • Earnings Credits rate changes periodically

Municipal & Non-Profit

Municipalities and non-profit businesses are eligible to open interest-bearing NOW checking accounts to manage funds.

  • $20 per month service charge and 25¢ per check fee, waived if at least a $10,000 minimum daily balance is maintained
  • Unlimited check writing and electronic transfers by wire, ACH, or Online Banking
  • Free Online Banking with Bill Pay
  • Free Mobile Banking with Mobile Deposit
  • Dean Bank Rewards – earn points to redeem for great gifts, travel and more with every non-pin Dean Bank Debit MasterCard® transaction

Effective Date: Wednesday, October 23, 2019

Checking, Savings & Money Market Accounts

Minimum Daily Balance to earn APYInterest Rate
$25.00 0.05%

(Student Statement Savings Accounts are available only to students in participating elementary schools in conjunction with School Savings program; there are no monthly service fees.)

*The minimum balance required to earn the stated Interest Rate and Annual Percentage Yield (APY) on the Money Market Account is $2,500. If the balance is below $2,500 for any day, your account will earn our then current NOW Checking Account rate for that day. The minimum daily balance required to open accounts, earn interest and obtain the Annual Percentage Yield on the above accounts is $25 ($1 for Club Accounts and Student Savings).  For IRAs, the minimum balance required to open the account and obtain the APY is $100.00.

Interest is compounded monthly and credited on the last business day of each month. Fees could reduce the earnings of the account.

These are variable rate accounts where the interest rate and Annual Percentage Yield may change after the account is opened.

Business Checking

Will you have less than 250 transactions per month?
Will you have less than 500 transactions per month?