Business Checking Accounts

Whatever the size of your business, there is sure to be a business checking account to suit your needs. Achieve your business goals with Plumas Bank’s business banking solutions.

CONTACT A BUSINESS BANKING ADVISOR

Business Checking accountFind the Best Business Checking Account

Business owners need a business checking account that will help meet their growing business goals. With unlimited deposits, low monthly service fees and online banking, Plumas Bank has a business checking account to meet your business’ needs. 

Plumas Bank Business Checking Accounts

If you own a business, it is a good idea to open a business checking account to separate your personal and business transactions. All your business transactions are tracked on a separate statement. Separating your business transactions from your personal transactions helps monitor your business's profitability.

There are many benefits to opening a business checking account: 

  • Better organization - A business checking account separates your personal and business expenditures. Separating your business transactions from your personal transactions makes Best business checking accountbusiness expenditures easier to identify and helps monitor your business’s profitability.
  • File taxes accurately – A business checking account helps to ensure you file taxes accurately. You can deduct business expenses on your tax return. By having a business checking account and the monthly business statements as documentation, it is easier to prove to the IRS that the expenses are business related.
  • Accept credit card payments - With a business checking account you may want to set up a credit acceptance system, otherwise known as merchant services. Plumas Bank offers this service through our partner, BASYS. Accepting credit cards may help you serve a larger customer base.
  • Ability to have multiple signers on the business account – If you have employees that do administrative duties, you can have multiple signers on a business account. This frees up more time for you to focus on more revenue-generating aspects of your business. Please be sure you trust these employees because they have access to your personal information. 
  • Look professional and build a strong banking relationship – By opening a business checking account you establish a qualified business name and you begin building a relationship with your bank. If there comes a time to have a need for a business loan, you have already established a banking relationship which may help in the loan process.  

Local Business Checking Account

Local Business Checking is best for seasonal and part-time business owners who write very few checks and have limited banking needs. 

    Benefits

    • Unlimited number of deposits to business accounts
    • Online Banking, Mobile Banking & BillPay
    • All Plumas Bank checks deposited are no charge
    • eStatements available at no charge

    Features

    • Minimum balance required (opening) is $100
    • Monthly service fee is $12, 1st month free
    • Minimum daily balance to avoid monthly service charge is $2,000
    • Allowance of checks paid and non-Plumas Bank checks deposited is 150 combined; there is a $.20 charge per item for activity in excess of allowance
    • There is no limit on the number of Plumas Bank checks deposited
    • Check images are available for $2/statement
    • Early account closure fee (if closed within 90 days) is $25

    Business NOW Checking Account

    Business NOW Checking is best for:

    businesses that have a moderate number of transactions and want an interest bearing account. 

      Benefits

      • Interest bearing
      • Unlimited number of deposits to business acounts
      • All Plumas Bank checks deposited are no charge
      • eStatements at no charge
      • Online Banking, Mobile Banking & BillPay

      Features

      • Interest bearing; it is available to sole-proprietors, non-profit organizations, and governmental entities only
      • Minimum balance required (opening) is $100
      • Monthly service fee is $15, 1st month free
      • Minimum daily balance to avoid monthly service fee is $5,000
      • Allowance of checks paid and non-Plumas Bank checks deposited is 100 each; there is a $.20 charge per item for activity in excess of allowance
      • Check images are available for $2/statement
      • Early account closure fee (if closed within 90 days) is $25

      Premium Business Checking Account

      This account is good when you have a high-volume business with a large number of transactions. 

        Benefits

        • Unlimited number of deposits to business accounts
        • All Plumas Bank checks deposited are no charge
        • eStatements at no charge
        • Online Banking, Mobile Banking & BillPay

        Features

        • Minimum balance required (opening) is $100
        • Monthly service fee is $18, 1st month free
        • Minimum daily balance to avoid monthly service fee is $5,000
        • Allowance of checks paid and non-Plumas Bank checks deposited is 150 each; there is a $.20 charge per item for activity in excess of allowance
        • There is no limit to the amount of Plumas Bank checks deposited
        • Check images are available for $2/statement
        • Early account closure fee (if closed within 90 days) is $25

        Business Analysis Checking Account

        When you process a very large number of transactions and/or handle a high volume of cash

          Benefits

          • Unlimited check writing
          • Charged only for the services you use (for fees and charges contact your local branch office)
          • eStatements at no charge
          • Online Banking, Mobile Banking & BillPay

          Features

          • Charges can be offset by earnings credit based on your account balance
          • Check images are available for $2/statement
          • Early account closure fee (if closed within 90 days) is $25

           

          Business Checking Accounts | Certificate of Deposit

          Add+vantage and Fixed Certificate of Deposit 

          When you want guaranteed returns for a specific period of time.

                    Benefits

          • Earn a higher interest on daily balance
          • Automatically renewable

          Features

          • Only $500 minimum opening deposit
          • CD early closure rates vary. Contact your Plumas Bank office for more details

          Jumbo Certificates of Deposit 

          When you want to deposit $100,000 or more and want guaranteed returns for a specific period of time.

          Benefits 

          • Earn a higher interest on daily balance; rate and term negotiated before opening
          • Automatically renewable

          Features 

          • $100,000 minimum opening deposit
          • CD early closure rates vary. Contact your Plumas Bank office for more details

           

           

          Discover Plumas Bank Business Savings Accounts

           

           

          IMPORTANT INFORMATION ABOUT OPENING A LEGAL ENTITY ACCOUNT 

          Effective May 11, 2018, new rules under the Bank Secrecy Act will aid the government in the fight against crimes such as terrorism, money laundering, tax evasion, fraud, and other national security threats.

          EACH time an account is opened for a covered Legal Entity, we are required to ask you for identifying information (name, address, date of birth, social security number (as well as identification documents) for each individual that has beneficial ownership (25% or more) and one individual that has significant managerial control of the Legal Entity.

          If you are opening an account on behalf of a Legal Entity, you will be required to provide the appropriate documentation and to certify that this information is true and accurate to the best of your knowledge.

          We support all efforts to protect and maintain the security of our clients and our country. We appreciate your cooperation in assisting us to comply with this federal regulation.