individual using a laptop and drinking a cup of coffee

Business Checking Accounts

Compare Business Checking Accounts

Account TypeBusiness CheckingBusiness Interest CheckingCommercial CheckingIOLTA/MAHTMoney MarketSmall Business Checking

Account Type


Opening Deposit

[link url=(#BusinessCheckin)]Business Checking[/link]


$500.00

[link url=(#BusinessInteres)]Business Interest Checking[/link]


$5,000.00

[link url=(#CommercialCheck)]Commercial Checking[/link]


$500.00

[link url=(#IOLTA)]IOLTA/MAHT[/link]


$100.00

[link url=(#MoneyMarket)]Money Market[/link]


$2,500.00

[link url=(#SmallBusinessCh)]Small Business Checking[/link]


$1,000.00

Account Type


Minimum Balance

[link url=(#BusinessCheckin)]Business Checking[/link]


$3,000.00

[link url=(#BusinessInteres)]Business Interest Checking[/link]


$5,000.00

[link url=(#CommercialCheck)]Commercial Checking[/link]


$0

[link url=(#IOLTA)]IOLTA/MAHT[/link]


$100.00

[link url=(#MoneyMarket)]Money Market[/link]


$100.00

[link url=(#SmallBusinessCh)]Small Business Checking[/link]


$1,000.00

Account Type


Monthly Maintenance Fee

[link url=(#BusinessCheckin)]Business Checking[/link]


$15.00
Fee is $0 providing the minimum balance requirement is maintained.

[link url=(#BusinessInteres)]Business Interest Checking[/link]


$15.00
Fee is $0 providing the minimum balance requirement is maintained.

[link url=(#CommercialCheck)]Commercial Checking[/link]


$35

[link url=(#IOLTA)]IOLTA/MAHT[/link]


$0

[link url=(#MoneyMarket)]Money Market[/link]


$0

[link url=(#SmallBusinessCh)]Small Business Checking[/link]


$10.00
Fee is $0 providing the minimum balance requirement is maintained.

Account Type


Interest Bearing*

[link url=(#BusinessCheckin)]Business Checking[/link]


No

[link url=(#BusinessInteres)]Business Interest Checking[/link]


Yes

[link url=(#CommercialCheck)]Commercial Checking[/link]


No

[link url=(#IOLTA)]IOLTA/MAHT[/link]


Yes

[link url=(#MoneyMarket)]Money Market[/link]


Yes

[link url=(#SmallBusinessCh)]Small Business Checking[/link]


No

Account Type


Transaction Limits

[link url=(#BusinessCheckin)]Business Checking[/link]


50 free transactions per statement cycle.
Over 50 transactions - an excess item fee of $0.25 per item is applied.

[link url=(#BusinessInteres)]Business Interest Checking[/link]


No

[link url=(#CommercialCheck)]Commercial Checking[/link]


No

[link url=(#IOLTA)]IOLTA/MAHT[/link]


No

[link url=(#MoneyMarket)]Money Market[/link]


Limited to six non-personal withdrawals / transfers per month. If the limit of six is exceeded, there will be a $10 fee per occurance.

[link url=(#SmallBusinessCh)]Small Business Checking[/link]


No

Account Type


Features

[link url=(#BusinessCheckin)]Business Checking[/link]


  • Free Online Banking
  • Free Bill Pay
  • Debit Card
  • Free Internal Transfers Between Accounts
  • Overdraft Protection Available

[link url=(#BusinessInteres)]Business Interest Checking[/link]


  • Free Online Banking
  • Free Bill Pay
  • Debit Card
  • Free Internal Transfers Between Accounts
  • Overdraft Protection Available

[link url=(#CommercialCheck)]Commercial Checking[/link]


  • Free Online Banking
  • Free Bill Pay
  • Debit Card
  • Free Internal Transfers Between Accounts
  • Overdraft Protection Available

[link url=(#IOLTA)]IOLTA/MAHT[/link]


  • Free Online Banking
  • Free Bill Pay
  • Debit Card
  • Free Internal Transfers Between Accounts
  • Overdraft Protection Available

[link url=(#MoneyMarket)]Money Market[/link]


  • Free Online Banking
  • Free Bill Pay
  • Debit Card
  • Free Internal Transfers from the Teller Line***
  • Overdraft Protection Available

[link url=(#SmallBusinessCh)]Small Business Checking[/link]


  • Free Online Banking
  • Free Bill Pay
  • Debit Card
  • Free Internal Transfers Between Accounts
  • Overdraft Protection Available

*Interest rates set by BayVanguard Bank are subject to change. Interest is calculated daily and credited montly.
**Transaction limits for Money Market accounts

All accounts subject to qualification requirements and must agree to Terms and Conditions.

Business Checking

A minimum deposit of $500.00 required to open.

  • Average daily balance of $3,000.00 required to avoid $15.00 monthly maintenance fee
  • Free internet banking
  • Free Business Bill Pay
  • 50 free transactions per statement cycle (includes ACH debits, ACH credits, deposits and checks paid)
  • Over 50 transactions per statement – an excess item fee of $.25 is applied per transaction
  • Overdraft protection available

Business Interest Checking

A minimum deposit of $5,000.00 required to open.

  • Average daily balance of $5,000.00 required to avoid $15.00 monthly maintenance fee
  • $5,000.00 minimum balance required to earn interest
  • Interest is compounded daily and credited monthly
  • Free internet banking
  • Free Business Bill Pay
  • Overdraft protection available

Commercial Checking

A minimum deposit of $500.00 required to open.

  • $35.00 monthly maintenance fee
  • No transaction volume limitations
  • Free internet banking
  • Free Business Bill Pay
  • Overdraft protection available

IOLTA/MAHT

A minimum deposit of $100.00 required to open.

  • Minimum balance to earn interest $100.00
  • Interest is compounded daily and credited monthly
  • Free internet banking
  • Free Business Bill Pay
  • Variable interest rate

Money Market

A minimum deposit of $2,500.00 is required to open. The interest rate to be paid on your account will depend on the average daily balance in your account. The separate “tiers” that have varying interest rates that apply are:

  • Average daily balance less than $100.00, no interest will be paid
  • Average daily balance $100.00 or more but less than $2,500.00
  • Average daily balance $2,500.00 or more but less than $10,000.00
  • Average daily balance $10,000.00 or more but less than $25,000.00
  • Average daily balance $25,000.00 or more but less than $50,000.00
  • Average daily balance $50,000.00 or more

Interest is compounded daily and credited monthly
An image of your cancelled checks is returned to you with your statement.
No more than six (6) transfers from your account during a monthly statement cycle.

  • Variable Interest Rate

Small Business Checking

A minimum deposit of $1,000.00 is required to open.

  • Average daily available balance of $1,000.00 required to avoid the $10.00 monthly maintenance fee
  • Free internet banking
  • Free Business Bill Pay
  • Overdraft protection available

Contact Us

Phone:
410-768-5300
Fax:
410-760-6016
Address:
8070 Ritchie Hwy Pasadena, MD  21122

Search Our Site

Lost or Stolen!

To report lost or stolen cards, call us at 410-768-5300 during regular business hours. After hours, please call 1-800-523-4175.

Shareholder Information

Copryright Bay-Vanguard. All Rights Reserved.

Privacy Statement | 2018 Proxy Statement & Annual Report | Press Releases | Symbol “BVFL”

Logo FDIC Logo Equal Housing Lenders