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Easy Comparison Chart


Business Checking & Savings Accounts

Business Checking Accounts

The Business Checking Comparison chart below shows, you get a wide range of benefits no matter which account you choose.

Account Features & BenefitsSmall Business CheckingBusiness Now*Nonprofit Checking*
Minimum Balance Required to Open$25$25$25
Minimum Balance to Avoid Service ChargeNoneNone$1,000 minimum daily balance
FeesNone$20/month; Per item fees apply; earnings credit may offset fees$15/month if minimum balance is not met
InterestNoneCompounded daily, paid on the last business day of the month on balance of $2,000 or more on collected balancesTiered rates vary; compounded daily and paid monthly on minimum balance of $1,000 or more on collected balances
Items per MonthUp to 500 per month; $.55 per item over 500Unlimited, subject to analyzed per item chargeUp to 500 per month; $.50 per item over 500
Minimum Balance to Earn InterestN/A$2,000 minimum daily collected balance$1,000 minimum daily collected balance
VISA® Debit CardFreeFreeFree
ATM/Branch WithdrawalsUnlimitedUnlimitedUnlimited
Online Banking, Mobile Banking & Bill PayAvailableAvailableAvailable
e-StatementsAvailableAvailableAvailable
Cash Management Online Wires & ACHAvailableAvailableAvailable

Business Savings Accounts

FDIC-Insured Options

With competitive rates of interest, ready accessibility and the ability to link with your other Bryn Mawr Trust accounts, there’s an ideal account, or two, for your business. See the Comparison Chart below.

Account Features & BenefitsBusiness Market RateProven Choice Business Money MarketBusiness Statement Savings
Minimum Balance Required to Open$25$50,000$100
Minimum Balance Required to Avoid Service Charge Fee$2,000 average daily balance in the account or the average daily combined balance in your BMT business checking and Market Rate Account equals to or exceeds $5,0001$50,000 minimum daily$100 minimum daily
Minimum Balance to Earn Interest$2,500$50,000None
Interest and How It’s PaidTiered rates are compounded daily and credited monthly. Tiered rates are compounded daily and credited monthly. Rates are compounded daily and credited monthly.
Deposit LimitsNone.

You can make deposits as often as desired — in branches or via transfers and ATMs.

None.

You can make deposits as often as desired — in branches or via transfers and ATMs.

None.

You can make deposits as often as desired — in branches or via transfers and ATMs.

Transactions LimitsUp to six pre-authorized transfers to third parties per monthly statement cycle.Up to six pre-authorized transfers to third parties per monthly statement cycle.Up to six pre-authorized transfers to third parties per monthly statement cycle.

Non-FDIC Insured Savings and Investment Options

We have all the traditional ways to fund your lifetime savings goal.

  • Sweep Account – Links your business checking account to an investment account to ensure your money is productive.
  • U.S. Treasury Obligations – An entire spectrum of terms can be purchased through Bryn Mawr Brokerage.