Smart business checking for smart growth.
Simplify your banking with flexible accounts designed to meet your unique business needs.
Options for how you do business.
Whether you’re just starting a small business or you’re leading an established company, the right business account can give you the resources you need to manage your company’s finances.
Small Business Checking
Ideal for small businesses with lower transaction volumes, this account gives you the basic tools to keep your finances running smoothly.
- No minimum balance requirement
- 150 free transactions per month1
- Business debit card with fraud protection
- Online banking access
- Complimentary electronic statements
- Overdraft protection options available
Business Checking
Perfect for growing businesses that need higher transaction limits and additional banking tools. This account scales with your business as it expands.
- Low monthly maintenance fee, waived with a qualifying balance
- 350 free transactions per month1
- Advanced online cash management tools
- Complimentary electronic statements
- Online banking access
Business Analysis Checking
Designed for businesses with higher transaction volumes, offering earnings credit to help offset monthly service charges and maximize your financial efficiency.
- No minimum balance requirement
- Online banking access
- Complimentary electronic statements
- Overdraft protection options available
Business Checking Plus
Perfect for businesses with higher transaction volumes, this account allows you to earn interest while managing your finances efficiently.
- Advanced online cash management tools
- Online banking access
- Complimentary electronic statements
Sole Proprietor
Small Business Checking
Tailored for sole proprietors, this account offers simplified banking solutions with low fees, perfect for managing the day-to-day needs of your small business.
- No minimum balance requirement
- 150 free transactions per month
- Online banking access
- Complimentary electronic statements
- Overdraft protection options available
Public Funds Analysis Checking
A specialized account designed for managing public funds with higher transaction volumes, offering earnings to offset fees and treasury management tools to optimize cash flow.
- Advanced online cash management tools
- Online banking access
- Complimentary electronic statements
Frequently Asked Questions
To open a business checking account you will need to provide identification, your business tax ID number, legal business documents such as articles of incorporation or partnership agreement. Proof of registration with the state and beneficial ownership information required if applicable.”
Monthly maintenance fees vary by account type. Some accounts waive the fee if a certain average balance is maintained.
You can easily open a business checking account by visiting an Alerus location. Our business banking specialists are also available to help you choose the right account for your needs.
Alerus provides a suite of treasury management services, including cash flow analysis, receivables and payables solutions, fraud prevention tools like Positive Pay, and liquidity management to help your business run smoothly. Visit our Treasury Services page for more information.
