Business Accounts

Our Free Business Checking account is built for small business owners who need a simple, cost-effective banking solution. Perfect for businesses with a lower transaction volume, this account offers the essentials you need—without the hassle of monthly fees. Focus on what matters most—growing your business—we’ll take care of the banking.

• $100 minimum opening deposit
• No minimum monthly balance required
• 1,000 FREE monthly transaction items*

* Transaction items include all debits and credits. If count is greater than 1,000, transaction items  monthly, account may be converted to a Commercial Checking.

Carter's Commercial Checking is designed for businesses with high transaction volumes. This account provides the flexibility and support needed to efficiently manage your business finances.

• $100 minimum opening deposit
• Interest earned when average monthly balance of $10,000 is maintained*
• Balances $10,000 to $49,000 earn 0.45% APR
• Balances $50,000 or greater earn 0.55% APR 
• Maintain $10,000 average monthly balance to avoid monthly service fee of $15
• First 1,000 transaction items are free each month¹

* Interest is not earned if average monthly balance falls below $10,000. ¹Transaction items over 1,000 each month are .10¢ each(transaction items include debits and credits.)

Carter's Business Money Max account helps businesses grow their savings while keeping funds accessible. Enjoy higher balances without locking into certificates or market risks—giving your business the flexibility it needs.

• Allows up to six transactions per month¹
• Minimum monthly balance of $2,500 or greater to avoid service fee²
• Higher dividend earnings on balance
• Tiered rates for maximum earnings

If the number of transactions is exceeded¹ or the minimum monthly balance is not maintained² an $8 service charge will be assessed. 

Build a strong financial foundation with a Carter Business Savings account. We’re here to help your business grow and stay financially secure.

• $100 minimum opening deposit
• No monthly service fees
• Interest earnings compounded and paid monthly
• 2 free withdrawals per month*

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* $10 charge for each additional withdrawal over 2

Carter is dedicated to supporting local businesses and nonprofits with tailored financial solutions. Our Not-for-Profit Checking account is designed to meet the unique needs of your organization, providing the flexibility and support you deserve.

• $100 minimum opening deposit
• No monthly service fees
• Non-interest bearing account