Checking solutions fit for you.
Just like people, every business is different. So we don’t provide a one-size-fits-all business checking product. Whether you’re starting a new business or maintaining a successful one—NavyArmy has your business checking covered.
Here's what you'll need
All applicants must provide:
- Completed Risk Assessment Form
- Completed Beneficial Ownership Form
- Completed Business Documents Checklist
In addition to the documents above please include copies of photo IDs, SSN, phone number, email address and mother’s maiden name for all persons who need to be on the account.
Here's what you get:
- ACH Payments, Payroll & Collections
- Tax Payment Service
- Business Bill Pay
- Domestic Wire Transfer
- Business Online Banking
- Remote Deposit Capture
- Cash Management Services
Compare Our Business Checking Products
|Monthly Fee||$7.50||$20.00||Other Fees May Apply|
|Minimum Opening Deposit||$20.00||$20.00||$25.00|
|Minimum Daily Balance
(To Avoid Fees)
|Monthly Transaction Limits||50||100||None|
|Currency & Coin Deposits||FREE||FREE||FREE|
|Cash Management Services||N/A||N/A||Available|
In order for you to have a checking account, you must open a savings account. The savings account will establish membership for your entity allowing us to open a checking account.
The minimum deposit requirement for opening the accounts is $25 in savings and $20 in checking.