We get it – running a business can sometimes feel like the whole world is crashing down on you. But, opening a checking and savings account for your small business can help you prepare financially for growth opportunities or unexpected emergencies. It’s a smart step to take for future financial success.
Can’t I just use my personal account?
Technically, yes you can, but it’s a best practice to keep your personal and business finances separate. Your customers will feel more comfortable writing a check to a business instead of a person and a sperate checking and savings account will look more professional!
What are the benefits?
Not only can a business checking and savings account help you build your business’ credit rating, it can make tax time a breeze. When you open a Business Savings Account with TBK Bank, you’ll earn interest on your entire balance, regardless of what that balance may be.
What do I need to open a business account?
Depending upon your bank, you’ll likely need to provide business registration paperwork, proof that your business has an employer identification number and the business’ name.
Can I open a business account with my personal bank?
Your home bank is a perfect first stop when shopping for a business checking or saving account. Unlike other banks that add extra charges as soon as they put “business” in front of the account name, TBK Bank is truly business-friendly. A Totally Free Business Checking Account from TBK Bank, allows for 1,000 transactions with no minimum balance or monthly service charge. We save you money, so you can focus on more important things – like growing your business.