Business Checking

Whether your business is small or large, or you’re looking to grow globally or locally, we have the business checking solutions you need to accomplish your business plans.

Benefits of a Business Checking Account with 1st Summit Bank

No matter how large or small your business is, we’ve got a solution to suit your needs and help you keep your company running smoothly. Our Business Checking solutions help you accomplish your business plans inside and outside of the office.

Our Relationship accounts come with benefits that reward you for your combined Business Checking and Business Savings deposit relationship with us.

All 1st Summit Bank Business Checking options include:

• • • Convenient access to eStatements and check images through Online Banking and the 1st Summit mobile app.
    • Digital banking tools like Online Banking, Mobile Banking, Mobile Deposit and Business Bill Pay.
    • No transaction fees for using 1st Summit Bank ATMs, located conveniently throughout western Pennsylvania.
    • A 1st Summit Bank VISA® Business Debit Card.
    • And, of course, the uniquely personal service for which 1st Summit Bank is known.

Other efficient options that are available:

(Fees may apply)

• • • Remote Deposit Capture²
    • Easy-to-access transactions to download into your business’s accounting software.
    • Wire Transfers
    • ACH
    • Night deposit lock service with lock bags
    • Statement files on USB
    • Positive Pay & Reconcilement anti-fraud tool
    • Business Sweep
    • Merchant Services¹
    • And much more…..

Business Community Checking

This business checking account is ideal for sole proprietorships, organizations, clubs or associations. With an intuitive digital experience, you can handle the banking needs of your small business or small non-profit from anywhere at any time.

• • • Service fee is automatically waived your first month.
    • Monthly service fee of $5.95 is waived when you maintain a $300 average collected balance.
    • 200 debit/credit items per month.**
    • $50 opening deposit amount is needed.
    • eStatement set up at account opening.

Business Relationship Checking

Your business needs an efficient and integrated business checking solution which is where the Business Relationship Checking account comes in.  This account is designed for those businesses that don’t require interest and that experience higher transaction volumes.  Get rewarded for your relationship with the bank with easy ways to waive the monthly service fee plus discounts on specialized financial tools to better manage your cash flow.

• • • Service Fee is automatically waived your first month.
    • Monthly service fee of $9.95 is waived with a $2,500 average collected balance in the account or your business maintains a $5,000 combined current balance at statement time on your business’s entire checking & savings relationship with the bank.³*
    • 500 debit/credit items per month.***
    • Remote Deposit Capture scanning equipment at no charge.²
    • $50 opening deposit amount is needed.
    • 25% discount on Merchant Services equipment.¹
    • No annual fee on a Business Line of Credit.
    • No transaction fee on Business Line of Credit Advances.

Business Relationship PLUS Checking

You get everything our Business Relationship Checking has to offer, PLUS interest. This robust business checking account is for businesses, corporations, and non-profits with a high cash balance, large deposits, and a variety of transactions.

• • • Service fee is automatically waived your first month.
    • Monthly service fee of $14.95 is waived with a $5,000 average collected balance in the account or your business maintains a $25,000 combined current balance at statement time on your business’s entire checking & savings relationship with the bank.³*
    • Earns interest daily the outstanding balance.
    • 500 debit/credit items per month.***
    • Remote Deposit Capture scanning equipment at no charge.²
    • $50 opening deposit amount is needed.
    • 25% discount on Merchant Services equipment.¹
    • No annual fee on a Business Line of Credit.
    • No transaction fee on Business Line of Credit Advances.

Business Relationship Analysis Checking

This business checking account is available for large businesses in need of a more granular, itemized tracking of account transactions that can be used to streamline their cash flow and processes.  Earnings are used to offset the various costs of transactions in your accounts. Multiple accounts can be combined for analysis and earnings credit purposes.

• • • Detailed analysis statements.
    • No charge for printed statements.
    • Easy to access downloadable transactions.
    • Remote Deposit Capture scanning equipment at no charge.²
    • 30% discount on Merchant Services fees.¹
    • $50 opening deposit amount is needed.
    • No annual fee on a Business Line of Credit.
    • No transaction fee on Business Line of Credit Advances.

Our Business Banking Specialists are ready to help you with a business checking solution.

Submit your contact information below so we can connect:

¹Customer must apply and be approved for 1st Summit’s Merchant Services program. Discount only applies to cost of purchased terminal equipment. Discount does not apply to Rental or virtual terminal equipment, or shipping, or freight costs.

²Customer must apply and be approved for Remote Deposit Capture (RDC) service. Enrollment may be subject to credit approval. No charge for RDC Scanning equipment only. $10 discount applied to monthly service charge for use of service.

³Combined deposit balance includes all Checking and Savings accounts attached to the same owner’s Customer ID on the Business Relationship Checking or Business Relationship PLUS Checking account as Primary, Secondary,
Joint owners or named DBA. The sum of the current balances of all checking and savings must equal $5,000 or greater for Business Relationship Checking or $25,000 or greater for Business Relationship Checking PLUS at
statement time for the fees to be waived.

*same account ownership required.

**per debit/credit item fee of $0.30 applies to all additional transaction items processed.

***per debit/credit item fee of $0.20 applies to all additional transaction items processed.