Business Interest Checking
That Works As Hard as You Do
Earn interest on your business checking balance while keeping everyday money management simple.
Designed for growing businesses with higher balances, FVSBank Business Interest Checking gives you the tools to manage payments, deposits, account access, and cash flow with local support from people who know your business.
Best for:
FVSBank Business Interest Checking may be a good fit if you:
- Want to earn interest on your checking balance
- Maintain higher average daily balances
- Have steady monthly account activity
- Want digital tools plus local business banking support
Account Features
- 200 monthly items included ($0.30 per item thereafter)
- $1,000 minimum opening balance
- $15 monthly service fee, waived with
- $1,000 average daily balance
- $5 paper statement fee, waived with
- enrollment in Digital Statements
Built for day-to-day business banking
Use FVSBank Digital Banking to monitor balances, review activity, transfer funds, and stay connected to your accounts.
Remote Deposit Capture2 may help your business deposit checks more efficiently.
Add stronger account protection
Positive Pay4 and fraud protection tools can help protect your business from unauthorized activity.
Get personalized support from FVSBankers serving Fond du Lac, Oshkosh, Waupun, and the Fox Valley area.
Business tools available
Frequently Asked Questions
What is Business Interest Checking?
Business Interest Checking is a business checking account that allows eligible businesses to earn interest on collected balances while maintaining access to funds for everyday transactions.
Who is Business Interest Checking designed for?
This account is generally a good fit for businesses that maintain higher account balances and want the opportunity to earn interest while managing daily banking needs.
How do I earn interest on my account?
Interest is paid on eligible collected balances according to the account’s current interest rate and terms. Contact FVSBank for current rates and account details.
Is there a minimum opening deposit?
Yes. A minimum opening deposit is required to establish the account.
Is there a monthly service fee?
Yes. A monthly maintenance fee may apply, and it can be waived if the account maintains the required average daily balance.
What is an average daily balance?
The average daily balance is calculated by adding the principal balance in the account for each day of the statement cycle and dividing that amount by the number of days in the cycle.
How many transactions are included each month?
The account includes a set number of transaction items per monthly statement cycle. Additional items may be assessed a fee according to the account terms.
Can I access my account online?
Yes. Business Interest Checking includes access to FVSBank Digital Banking, allowing you to view balances, transfer funds, review transactions, and manage your account securely.
What documents do I need to open a Business Interest Checking account?
Required documentation varies based on your business structure. Common requirements may include:
- Employer Identification Number (EIN)
- Business formation documents
- Ownership information
- Government-issued identification for authorized signers
Bill Pay1 for qualified FVSBank customers is $10 a month.
Remote Deposit Capture2 for qualified FVSBank customers has a $50 monthly fee and a $30 implementation fee.
ACH Manager3 for qualified FVSBank customers has a $25 monthly fee and a $30 implementation fee.
Positive Pay4 for qualified FVSBank customers has a $35 check monthly fee, a $35 ACH monthly fee or a combined fee of $50 a month with a $30 implementation fee.