BUSINESS DEPOSIT ACCOUNTS

Business Deposit_Accounts

Deposit Accounts for Your Business

With a selection of deposit accounts featuring highly competitive rates, low fees and FDIC Insurance*, Cole Taylor is ready to meet the financial needs of your business.

  • Business Choice Solutions Checking
    Non-interest bearing account package designed to economically meet the needs of businesses and non-profits with moderate account activity. Includes FREE remote deposit scanner and treasury management tools.
  • The Works 300 Business Checking
    Non-interest-bearing account with a full complement of features available. Ideal for small and growing businesses.
  • Business Interest Checking NOW
    Interest-bearing account designed for eligible not-profit organizations, non-profit government entities, sole proprietorships or associations with low transaction volumes.
  • Pinnacle Business Money Market**
    Interest-bearing account ideal for smaller businesses with low transaction volumes.
  • Commercial Checking
    For customers with higher transaction volume and cash management service needs. (Eligible for earnings credit rate.)
  • Interest on Lawyers Trust Accounts (IOLTA)
    Interest-bearing account limited to attorneys and law firms to hold short-term client escrow funds.

*By federal law, as of 1/1/2013, funds in a noninterest-bearing transaction account will be FDIC insured to the legal maximum of $250,000 for each ownership category. For more information please visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html.

**Money Market Accounts are limited by Federal Regulation to no more than six preauthorized transfers or withdrawals or a combination of such withdrawals or transfers including checks, drafts, and point of sale (POS) withdrawals posting to this account per statement cycle. Electronic Funds Transfer (sometimes referred to as ACH withdrawals), point of sale, computer terminal, and telephone transactions are considered preauthorized transactions.

Learn More

Speak with a Cole Taylor Banker

Contact Sam Elhaj for more information.

Email: selhaj@coletaylor.com

Or call 312-442-5018.

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