ATTENTION BUSINESS OWNERS: There is a new Federal reporting requirement where businesses must report to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of Treasury, who ultimately owns or controls the company. For more information about the (BOI) Beneficial Ownership Information, please visit www.fincen.gov/boi. If your company was created or registered prior to January 1, 2024, you have a deadline of January 1, 2025.
FREE BUSINESS CHECKING
Free Business Checking accounts are designed for sole proprietors, partnerships, limited liabilities, and corporations. An account will be considered a business account if the primary use of the account is to conduct or maintain a business.
Minimum Opening Deposit $50
No Minimum Balance Requirements
Unlimited Check Writing
Debit/ATM Card – Unlimited Use*
E-statements & Online Banking Required
| Account Type | Opening Deposit | Minimum Balance | Monthly Maintence Fee | Check per Month | Interest Bearing |
|---|---|---|---|---|---|
| Free Business Checking | $50.00 | $0.00 | No Maintence Fee | Unlimited | No |
*ATM fees may apply at machines other than Branson Bank Machines.
BUSINESS INTEREST CHECKING
For businesses who want a little more from their account, we offer an account that pays interest for businesses. Make your money work for you!
Minimum Opening Deposit $10,000
Monthly Service Charge of $15, if Daily Balance Falls Below $10,000
Unlimited Check Writing
Interest Paid on Tier Balances and Subject To Change
Interest Compounded and Paid Monthly
Debit/ATM Card – Unlimited Use*
| Account Type | Opening Deposit | Minimum Balance | Monthly Maintence Fee | Check per Month | Interest Bearing |
|---|---|---|---|---|---|
| Gold Series Money Market | $10,000.00 | $10,000.00 | $15.00 if Balance Falls Below $10,000.00 | Unlimited | Interest paid on tiered balances and subject to change. Contact bank for current Interest Rates. |
*ATM fees may apply at machines other than Branson Bank Machines.
BUSINESS SAVINGS
It is always good to be prepared with a savings account – especially when operating a business.
Minimum Opening Deposit $500
Monthly Service Charge of $2.50, if Daily Balance Falls Below $500
Interest Compounded and Paid Quarterly*
| Account Type | Opening Deposit | Minimum Balance | Monthly Maintence Fee | Check per Month | Interest Bearing |
|---|---|---|---|---|---|
| Business Savings | $500.00 | $500.00 | $2.50 if Balance Falls Below $500.00 | N/A | Yes |
*Interest Compounded and Paid Quarterly. $1.00 per debit transaction in excess of six per month.
Opening Your Business Account
When opening your business account, the bank may ask you to provide us with one or more of the following documents:
Business
- Corporate Resolution
- Operating Agreement
- Partnership Agreement
- Tax Identification Number
- Active Missouri Fictitious Name Registration
Account Signers
- Social Security Number
- Identification Number
Call us at 417-334-9696 for more information.
Notice: “Transactions restricted by the Unlawful Internet Gambling Enforcement Act of 2006 are prohibited from being processed through this commercial account. This prohibition becomes effective on June 1, 2010. Additional information can be obtained at (417) 334-9696.”
ATTENTION BUSINESS OWNERS: There is a new Federal reporting requirement where businesses must report to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of Treasury, who ultimately owns or controls the company. For more information, please visit www.fincen.gov/boi. If your company was created or registered prior to January 1, 2024, you have a deadline of January 1, 2025.