Business Checking

Business Checking

ESSA is here to help you keep your finger on the pulse of your business.

Running a business means making smart decisions; especially about something as important as choosing a checking account that will work as hard for you as you work for yourself.  To perform at peak efficiency, ESSA can help you determine which account will best service your business’ needs.

Once you decide on an account, you’ll be able to access ESSA’s business digital tools to manage it!

View our Business 24/7 Banking Services
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Business Analysis

Business Analysis Checking

If your business has higher transaction volumes and can benefit from utilizing our cash management tools, then ESSA’s Business Analysis Checking is the account you need.

 

Apply in person! Contact any branch at 855.713.8001

 

You might also be interested in:

Fee Schedule | Finding a Branch

 

Disclosures:

1Must be enrolled in eStatements. There will be a $5.00 charge if not enrolled.

2Earnings credit is calculated on average daily collected balance to offset account service charges. For example monthly maintenance fee of $15.00 and transaction fees of $0.20 per item (for deposit tickets posted, checks paid, and items deposited) apply.

Features :

  • No minimum balance requirement
  • Cash Management tools like Remote Deposit Capture
  • ACH Origination and Wire Transfers are available
  • Free Business Online Banking
  • ESSA Business Debit Mastercard® available
  • Free eStatements
  • Free Bill Pay1
  • Sweep Transfer available
  • Earnings Credit to help offset fees2
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Business Plus

Business Plus Checking

Meet the needs of your business while also putting your funds to work earning interest with ESSA’s Business Plus Checking.

 

You might also be interested in:

Rates | Fee Schedule | Finding a Branch

 

Disclosures:

1Earns interest each day the collected balance is $1,000 or more.

2Charge for servicing account (per month) if minimum balance not met is $8.50.

3Transactions include deposits posted, checks paid, items deposited and ACH debit transactions posted. Per item charge of $0.20 applies for each item over 500 total.

4Must be enrolled in eStatements. There will be a $5.00 charge if not enrolled.

Features :

  • Earns interest1
  • Free Business Online Banking
  • ESSA Business Debit Mastercard® available
  • Minimum daily balance of $1,000 required to avoid monthly service charge2
  • Free eStatements
  • Sweep Transfer available
  • Generous allotment of 500 free transactions each month3
  • $100 minimum deposit to open
  • Free Bill Pay4
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Business Basic

Business Basic Checking

When you want a basic, no “extra frills” checking account for your business – this is the option for you!

 

You might also be interested in:

Fee Schedule | Finding a Branch

 

Disclosures:

1Transactions each month include deposits posted, checks paid, items deposited and ACH debit transactions posted. Per item charge of $0.20 applies for each item over 250 total.

2Must be enrolled in eStatements. There will be a $5.00 charge if not enrolled.

3Charge for servicing account (per month) if minimum balance not met is $10.00.

Features :

  • $100 minimum deposit to open
  • Up to 250 free transactions each month1
  • ESSA Business Debit Mastercard® available
  • Free Business Online Banking
  • Free eStatements
  • Free Bill Pay2
  • Sweep Transfer available
  • Monthly charges waived, if you maintain minimum daily balance of $1003
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Non-Profit

Non Profit Checking

Stay tuned for exciting changes in 2024 in our non-profit checking account services! For more information in the meantime, please reach out to our Cash Management Team with questions by emailing CashManagementSales@essabank.com or calling our Contact Center at 855.713.8001.

Fee Schedule

Features :

Business Checking Account Comparison

Business Basic Checking Business Plus Checking Business Analysis Checking
Ideal For
Business Basic Checking

Sole proprietors
or small business
owners who conduct
limited transactions
each month and
want a convenient,
affordable checking
account.

Business Plus Checking

Small business
owners who have a
moderate level of
transaction volume
each month and want
a flexible, interest-bearing account.

Business Analysis Checking

Businesses that
experience higher
transaction
volume, maintain
a higher checking
balance, and use
cash management
services.

Opening Balance Requirement
Business Basic Checking

$100

Business Plus Checking

$100

Business Analysis Checking

$100

FREE Monthly Transaction Limit (consisting of items deposited, deposit tickets posted, checks paid, and/or ACH transactions)
Business Basic Checking

2501

Business Plus Checking

5001

Business Analysis Checking

N/A

Pays Interest?
Business Basic Checking

No

Business Plus Checking

YES, each day the
collected balance
is $1,000 or more

Business Analysis Checking

No, account receives
an earnings credit
based on the average
daily collected
balance which is
used to offset or
partially offset fees
associated with the
account.

Minimum Daily Balance (requirement to avoid monthly service charge)
Business Basic Checking

$100

Business Plus Checking

$1,000

Business Analysis Checking

N/A

Charge for Servicing Account (per month) if Requirements Aren’t Met
Business Basic Checking

$10.00

Business Plus Checking

$8.50

Business Analysis Checking

$15.003

ESSA Business Debit Card
Business Basic Checking

$1.00 per month/
per card

Business Plus Checking

$1.00 per month/
per card

Business Analysis Checking

$1.00 per month/
per card

Free Online Banking
Business Basic Checking
Business Plus Checking
Business Analysis Checking
Free Mobile Banking
Business Basic Checking
Business Plus Checking
Business Analysis Checking
Free Mobile Deposit
Business Basic Checking
Business Plus Checking
Business Analysis Checking
Free Online Bill Pay4
Business Basic Checking
Business Plus Checking
Business Analysis Checking
Free eStatements
Business Basic Checking
Business Plus Checking
Business Analysis Checking
Cash Management Tools Available5: • ACH Origination • Wire Transfers • Business Mobile Deposit • Merchant Card Services • Positive Pay
Business Basic Checking
Business Plus Checking
Business Analysis Checking

1 Transactions include deposits posted, checks paid, items deposited and ACH transactions posted. Per item charge of $0.20 applies for each item over Free Monthly Transaction Limit.
2 Transactions each month include deposits posted, checks paid, items deposited and ACH transactions posted.
3 $15.00 fee applied to all Business Analysis Checking accounts.
4 Must be enrolled in eStatements. There will be a $5.00 charge each month the account is not enrolled.
5 Speak to a Cash Management Officer about potential fees and other product details.

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