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Business Checking

Small Business Open
Business Checking

Account Name

Minimum Opening Balance

Monthly Service Charge

Account Distinctions

Simple Business Checking

$500

$12

No monthly service charge when you maintain a minimum daily balance of $10,000 or greater

Community Checking

$100

No monthly service charge

This checking account is designed for 501c3 non-profit groups, civic and service organizations that need a simple way to deposit and withdraw funds. 

Business Interest Checking

Account Name

Minimum Opening Balance

Monthly Service Charge

Minimum Balance to Obtain Annual Percentage Yield

Account Distinctions

Business Interest Checking

$5,000

$15

$5,000

No monthly service charge when you maintain a minimum daily balance of $25,000 or greater.

Daily collected balance determines interest rate.

Business Money Market Checking

$2,500

$15

NONE

No monthly service charge when you maintain a minimum daily balance of $25,000 or greater.

Daily collected balance determines interest rate.


What You Need to Open a Business Account

Please review the list below to ensure you have all required documentation to open your business account. Providing complete and accurate documents will help us process your application quickly and efficiently.
Employer Identification Number (EIN or TIN), Or SSN.
Business Formation Documents: Articles of Incorporation, Certificate of Formation, or Articles of Organization.
Government-Issued Photo ID: Driver’s license or passport for all authorized signers
Operating Agreement or Bylaws: Outlines ownership and management structure (LLCs/Corporations).
Business License: verifies business legitimacy.
DBA ("Doing Business As") Certificate.

Requirements by Business Structure

  • SSN

  • Business License

  • DBA Certificate

  • EIN

  • Articles of Organization

  • Operating Agreement

  • EIN

  • Articles of Incorporation

  • Corporate Bylaws

  • EIN

  • Partnership Agreement

  • Business License

Meeting minutes authorizing the opening of the account and designating authorized signers.


Order Business Checks

Order your checks securely and conveniently online through Deluxe Checks. If your name or address has changed, or if you’re not sure of your starting check number, simply stop by or mail your reorder to your local Pilgrim Bank—we’re happy to help take care of it for you.

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Want to Know More?

Reach Out to One of Our Banking Specialists