Compare Business Checking Accounts

Piedmont Federal offers three full-service, interest-bearing checking options tailored for your business: PFBusinessConnect, PFBusinessChoice, and PFCommunity.

It’s easy to reorder
your checks online.

  PFBusinessConnect PFBusinessChoice PFCommunity

Best if your business utilizes

The banking essentials and online/mobile banking channels

Higher balances and activity levels

IRS non-profit organization designation

Minimum opening balance

$100

$100

$100

Monthly fee

No monthly maintenance fee when you meet one of the following requirements each statement cycle:

Maintain $1,000 average daily balance

OR

Combined business deposit relationship balance of $2,500+

Otherwise, $10 monthly maintenance fee

No monthly maintenance fee when you meet one of the following requirements each statement cycle:

Maintain $1,000 average daily balance

OR

Combined business deposit relationship balance of $10,000+

Otherwise, $15 monthly maintenance fee

No monthly maintenance fee

Items (includes checks paid, deposits, deposited items, ACH debits and credits)

175 free per statement cycle

$.50 per item in excess of 175, regardless of balance.

500 free per statement cycle

$.35 per item in excess of 500, regardless of balance.

150 free per statement cycle

$.35 per item in excess of 150, regardless of balance.

Checks printing charge

At customer’s expense

At customer’s expense

At customer’s expense

Cash/coin service fee

Up to $2,000 cash services processed free of charge, then $1.50 will be assessed per $1,000

Up to $5,000 cash services processed free of charge, then $1.50 will be assessed per $1,000

Up to $2,000 cash services processed free of charge, then $1.50 will be assessed per $1,000

Other PFPerks or requirements

Business eStatements free and required

Business eStatements free and required

Business eStatements free and required

View Business Account Services Fee Schedule (PDF)
TO OPEN AN ACCOUNT: VISIT A BRANCH NEAR YOU OR CALL FOR DETAILS.

1 Subject to credit approval

All of our checking accounts earn interest, offer unlimited free withdrawals at any ATM worldwide, Business Online Banking, Business Mobile Banking, Business Mobile Deposit, Business Online Bill Pay, Business Overdraft Protection,1 Business eStatements, Business Debit Cards, Business Credit Cards and Business CardValet®.

PFBusinessConnect

PFBusinessConnect
  • Best if your business utilizes the banking essentials and online/mobile banking channels
  • $100 minimum opening balance
  • No monthly maintenance fee when you meet one of the following requirements each statement cycle:
    • Maintain $1,000 average daily balance
    • Combined business deposit relationship balance of $2,500+
    Other wise, $10 monthly maintenance fee
  • Items (includes checks paid, deposits, deposited items, ACH debits and credits):
    • 175 free per statement cycle
    • $.50 per item in excess of 175, regardless of balance.
  • Check printing at customer’s expense
  • Other PFPerks or requirements: Business eStatements free and required

PFBusinessChoice

PFBusinessChoice
  • Best if your business utilizes higher balances and activity levels
  • $100 minimum opening balance
  • No monthly maintenance fee when you meet one of the following requirements each statement cycle:
    • Maintain $5,000 average daily balance
    • Combined business deposit relationship balance of $10,000+
    Other wise, $15 monthly maintenance fee
  • Items (includes checks paid, deposits, deposited items, ACH debits and credits):
    • 500 free per statement cycle
    • $.35 per item in excess of 500, regardless of balance.
  • Check printing at customer’s expense
  • Other PFPerks or requirements: Business eStatements free and required

PFCommunity

PFCommunity
  • Best if your business utilizes IRS non-profit organization designation
  • $100 minimum opening balance
  • No monthly maintenance fee
  • Items (includes checks paid, deposits, deposited items, ACH debits and credits):
    • 150 free per statement cycle
    • $.35 per item in excess of 150, regardless of balance.
  • Check printing at customer’s expense
  • Other PFPerks or requirements: Business eStatements free and required
View Products and Services Fee Schedule (PDF)
TO OPEN AN ACCOUNT:
VISIT A BRANCH NEAR YOU OR CALL FOR DETAILS.

1 Subject to credit approval