BUSINESS BANKING
checking & savings accounts
Business Banking Built for the Flathead
The right tools are even better with the right support.
Running a business gives you enough to manage. We offer straightforward accounts and powerful digital banking tools, along with a local team that can help you choose, set up, and get the most from the services your business needs.
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BUSINESS CHECKING
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BUSINESS SAVINGS
Checking that scales with your business
From straightforward checking for smaller businesses to accounts designed for higher transaction volumes, we’ll help you find an option that fits the way money moves through your business.
Business
Checking
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No minimum balance -
$5.00 monthly maintenance fee -
$0.15 per check and deposit ticket; $0.08 per deposited item -
Earnings credit on daily collected balance to offset maintenance charges -
Visa® Debit Card available -
Minimum opening deposit is $50.00
Free Small Business
Checking
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Designed for small businesses -
No monthly maintenance fee if $500.00 minimum balance is maintained. $5.00 monthly maintenance charge if balance falls below $500.00 -
Includes 100 checks and deposit items combined; $0.25 per check or deposit item thereafter -
Non-interest bearing -
Visa® Debit Card available -
Minimum opening deposit is $500.00
ECONOMY BUSINESS
CHECKING
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No minimum balance -
$5.00 monthly maintenance fee -
Includes 30 checks & 50 deposit items; $0.20 per check or deposit item thereafter -
Non-interest bearing -
Visa® Debit Card available -
Minimum opening deposit is $50.00
BUSINESS INTEREST
CHECKING
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Designed for sole proprietorships & nonprofit organizations -
Highly competitive interest paid on tiered balances -
No monthly maintenance fee if $1,000.00 minimum balance is maintained. $5.00 monthly maintenance charge if balance falls below $1,000.00 -
$0.15 per check and deposit ticket; $0.08 per deposited item. -
Visa® Debit Card available -
Minimum opening deposit is $1,000.00
Put Your Business Reserves to Work
Set aside funds for future expenses, seasonal needs, unexpected costs, or the next opportunity while earning interest on money your business doesn’t need for day-to-day operations.
Business Savings
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Competitive interest rate -
No maintenance fee when $50.00 minimum balance is maintained. $3.00 quarterly fee if balance falls below $50.00 -
There is a $1.00 fee per withdrawal over your 15 withdrawals per quarter -
Minimum opening deposit is $50.00
Business Money Market Account
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Highly competitive interest paid on tiered balances -
No monthly maintenance fee when $1,000.00 minimum balance is maintained. $10.00 monthly fee if balance falls below $1,000.00 -
There is a $10.00 monthly fee if withdrawals exceed 6 per month -
Minimum opening deposit is $1,000.00
Business Certificates of Deposit
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Put longer-term business reserves to work with a predictable, fixed rate for a set term -
Terms from 6 to 24 months -
Fixed interest rate for the CD term -
Minimum opening deposit is $500.00 -
A penalty may apply for early withdrawal
Powerful Tools.
People to Help You Use Them.
Good business banking technology should make your job easier, not harder. Our business banking team can help you set up access, establish controls, and make the most of the services that fit your business.
Online Banking
Review balances and transactions, transfer funds, export account activity, and connect with common accounting platforms. Give employees, bookkeepers, or other trusted users access based on their responsibilities.
Visa® Debit Cards
Convenient purchasing with tap-to-pay capability and support from our local team when you need help managing your card. Need a replacement? We can print a new card at the bank if yours is lost or stolen.
Account Alerts
Choose notifications for balances, deposits, transactions, security events, and other account activity so important information comes to you.
User Access & Approvals
Give employees or trusted service providers appropriate access while keeping sensitive functions protected. Dual controls can require a second user to review and approve certain transactions before they’re submitted.
ACH Payments
Send payments electronically for payroll, vendors, and other business needs, or collect authorized payments from customers. ACH Origination is available to approved business customers through a separate application process.
Remote Check Deposit
Use a desktop scanner to deposit eligible checks without making a trip to the bank. Merchant Deposit is available to approved business customers through a separate application process.
More About Business Banking Tools
Let’s Talk Business Banking
Tell us about your business and how you manage your money today. We’ll help you explore account options and banking tools that fit the way your business operates.
business banking faqS
New to Freedom Bank or exploring your options? We’re here to answer your questions.
Do I need an EIN to open a business account?
It depends on your business structure and how your business is organized for tax purposes. Some businesses may use the owner’s Social Security number, while others need an Employer Identification Number (EIN). Contact us before opening your account and we’ll let you know what documentation we’ll need for your business.
What should I do if I see a transaction I don’t recognize?
Contact us as soon as possible at 406-892-1776. If the transaction involves a business debit card, we can help you secure the card and review next steps. To report a lost or stolen debit card after hours, call our 24/7 card service at 800-472-3272.