The Importance of Choosing the Right Checking Account. The bank account you select can impact your company’s growth. Some banks offer additional resources geared toward business owners, while ...

While some personal checking accounts can be opened with as little as $1, a business checking account might require $500, $1,000 or more to open, depending on the bank or credit union.

Comparing interest rates is an important part of choosing a business savings account. At many traditional banks, personal and business bank accounts have similar rates. You may find more ...

Keeping an account overdrawn for 60 to 90 days is a common reason a bank may close your account, says Teri Williams, president and chief operating officer at OneUnited Bank.