Business Checking Accounts & Money Market Accounts in PA

This small business checking account is perfect for many small and growing businesses. There are no monthly maintenance fees or minimum balance requirements, and free FNCB Online and Bill Payment is also included.

• Get $100 when you bring us a recent statement from your current bank and open a new Simply Small Business Checking Account.¹
• Activity on the account is free of charge if it combines 250 or fewer checks deposited/paid, ACH debits/credits, and deposit transactions per statement cycle.
• Free FNCB Online and Bill Payment
• No annual fee FNCB Business Debit Card with a $3,500 purchase limit
• Send money with Zelle®
• Online statements and check images
• Workplace Banking for Employees
• $10.00 fee if the average collected balance falls below $1,000 during the statement cycle
• ACH Origination Fee of $25.00 per month

1To qualify for the $100 bonus, bring a copy of most recent business checking account statement from another financial institution showing an average monthly balance of $1,000 or more and open a new FNCB Bank Simply Small Business or Business Checking account at any FNCB Bank Community Office. Must not be an existing business checking account owner with FNCB Bank. Bonus will be deposited at account opening.

This account is designed for companies that carry large checking account balances. It provides an earnings allowance credit to help offset monthly service charges.

• Get $100 when you bring us a recent statement from your current bank and open a new Business Checking Account.¹
• FNCB Business Online (includes Bill Payment)
• ACH Origination Fee of $25.00 per month
• FNCB Business Debit Card - Learn More
• Send money with Zelle®
• Earning Credit Allowance can be used to offset most fees, including the following eligible fees:
  • $0.18 per deposited item
  • $0.23 per check paid
  • $0.60 per deposit ticket processed
  • $0.18 per ACH transaction processed

• Online statements and check images
• FNCB Remote Deposit Capture is available. 
• Cash Management/Sweep services available
• Monthly maintenance fee: $20.00
• Workplace Banking for Employees

1To qualify for the $100 bonus, bring a copy of most recent business checking account statement from another financial institution showing an average monthly balance of $1,000 or more and open a new FNCB Bank Simply Small Business or Business Checking account at any FNCB Bank Community Office. Must not be an existing business checking account owner with FNCB Bank. Bonus will be deposited at account opening.

This money market account pays competitive interest rates and also offers limited check-writing abilities. Interest rates are tiered - the higher your balance, the higher your potential rate.

• Free FNCB Online Banking
• Tiered Variable Interest Rate
• Combined statements available
• Monthly statement delivered electronically.

IOLTA (Interest on Lawyers' Trust Account) checking accounts are available for attorneys and law firms who maintain funds held in trust or escrow on behalf of a third party. FNCB forwards qualified interest earned to the Pennsylvania IOLTA board to fund legal expenses for those unable to afford legal services and other justice-related projects.

• A competitive interest rate is paid on all collected balances greater than $1,500.00
• Unlimited check writing
• No monthly service charge or minimum balance requirement
• FDIC Insured

Our estate & trust checking accounts are set up to provide a safe haven for assets as they are being passed on or used on behalf of the account beneficiaries.

• No Courtesy Overdraft service.
• No Debit Card access.
• Monthly statement delivered electronically via FNCB Online.
• $8.00 per month statement charge if paper statements are requested.

The requirements for opening a business checking account can vary, depending on the ownership structure, but generally, businesses will need to provide the following:

• Business Identification:  A federal Employer Identification Number (EIN) or, for sole proprietors, a Social Security Number (SSN).
• Business Formation Documents:  Articles of Incorporation, Articles of Organization, or a license proving the business is legally registered.
• Ownership Agreements:  Partnership agreements, operating agreements, or shareholder agreements, if applicable.
• Business License:  This proves that your business is legally registered and authorized to operate in your jurisdiction.
• Assumed name certificate:  This may be required if your business is operating with a DBA (doing business as).
• Personal Identification:  Government-issued photo IDs (e.g., driver's license, passport) for all individuals with significant control over the business, such as owners and key executives.
• Initial Deposit:  Many banks require an initial deposit to open the account, and the amount can vary.

Opening a business checking account instead of using a personal account for business transactions offers several advantages. It helps maintain a legal separation between personal and business finances, simplifying tax preparation and compliance. A business account enhances your professional image and allows for easier expense tracking and management. It can also offer specialized features tailored to business needs, such as payroll services. A business checking account is important for effective financial management.

A business money market account (MMA) offers a blend of growth and flexibility ideal for businesses. These accounts typically feature higher interest rates than standard savings accounts, allowing your funds to grow more efficiently. They also provide a degree of liquidity, often permitting a limited number of withdrawals and transfers without penalties. Being FDIC-insured, they offer a secure place to hold your business's funds. Money market accounts are an effective way of ensuring proper cash management and financial planning.