- No minimum balance requirement
- 150 free transactions per month1
- Overdraft protection options available
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.
Ideal for small businesses with lower transaction volumes, this account gives you the basic tools to keep your finances running smoothly.
Perfect for growing businesses that need higher transaction limits and additional banking tools. This account scales with your business as it expands.
Designed for businesses with higher transaction volumes, offering earnings credit to help offset monthly service charges and maximize your efficiency.
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.
Designed for sole proprietors with low to moderate checking activity.
Perfect for businesses with higher transaction volumes, this account allows you to earn interest while managing your finances efficiently.
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.