SBIC Bank offers a full range of business checking accounts from basic options for startups to high-volume accounts for established enterprises. All accounts include online and mobile banking access, and most can be opened at any of our branch locations. SBIC Bank is a California state-chartered, FDIC-insured bank. No hassles, just results. From opening a business checking account to in-person support, we're here to assist you.
Finding the right checking account for your business is essential to managing your cash flow and achieving financial goals. With easy access to funds, digital banking tools, and tailored solutions, SBIC helps your business thrive.
SBIC Bank offers seven business checking account types, each designed for a different business profile. Compare accounts below to find the right fit:
| Account Type | Ideal For | Interest Earning | Minimum Initial Deposit | Monthly Service Fee | Balance to Waive Fee | Allowed Transactions (Per Month) | Additional Accounts |
|---|---|---|---|---|---|---|---|
| Basic Business Checking | Minimal transactions with basic internet banking needs | N/A | $100 | $18 | $1,500 | 25; $0.45 per transaction over 25 | Available |
| Simple Business Checking | New businesses with low transaction volume | N/A | $100 | $15 | $5,000 | 200; $0.45 per transaction over 200 | Available |
| Elite Business Checking | Greater transaction needs with fraud protection | N/A | $100 | $40 | $25,000 | 400; $0.45 per transaction over 400 | Available |
| Quantum Business Checking | High-volume transaction businesses | N/A | $100 | $125 | $25,000 | Unlimited | Available |
| Analysis Business Checking | High-end treasury and volume business clients | N/A | $500 | See Fee Schedule | See Fee Schedule | See Fee Schedule | Available |
| Interest Business Checking | Low transaction volume with interest earnings | 0.15% | $2,500 | $20 | $15,000 | 50; $0.45 per transaction over 50* | Available |
| Attorney Client Trust Checking | Attorneys and law firms with interest-earning needs | 2.72% | $100 | $0 | N/A | Unlimited | Available |
Start today. Open a business checking account with SBIC to enjoy these robust features and benefits that support your business growth!
Several SBIC Bank business checking accounts carry no monthly maintenance fee when you maintain the required minimum daily balance — including Basic, Simple, Elite, and Quantum. No monthly fee framing applies; specific fee waiver conditions vary by account type.
From a new sole proprietorship to a high-volume enterprise, SBIC Bank has a business checking account matched to your transaction volume and cash flow needs.
SBIC Bank operates branch locations with multilingual staff available. Our business banking team is available in branch to help you open an account, compare options, and get set up. Prefer remote support? Our Virtual Branch connects you with a representative via live chat, audio, or video anytime.
SBIC Bank business accounts integrate with QuickBooks, Xero, and other popular accounting platforms — streamlining your financial management from day one.
Opening a business checking account with SBIC Bank in California and across the nation is simple and hassle-free. Follow these quick steps to get started today:
Choose the Right Account: Select the account that fits your transaction volume and business needs.
Gather Required Documents: A government-issued photo ID, business license or articles of incorporation, and Employer Identification Number (EIN).
Visit a branch: Business checking accounts are opened in branch during business hours.
Complete Application: We will walk you through the application and document review process.
Once approved, you can access your account and enjoy the benefits of SBIC Bank's business banking solutions.
What our customers are saying about us.
"Excellent customer service & support. I have been banking with SBIC for a long time. They are extremely helpful, very supportive, knowledgeable, professional and courteous, had a great experience. I would highly recommend SBIC."
Sudhir D., Los Angeles
"Easy signup, smooth experience without any hassle."
Ritesh K., Sunnyvale
"You will have a wonderful experience. Staff members are polite, respectful and will make your banking experience great. Bank on them!"
O. Shukla, San Diego
What our customers are saying about us.
"Excellent customer service & support. I have been banking with SBIC for a long time. They are extremely helpful, very supportive, knowledgeable, professional and courteous, had a great experience. I would highly recommend SBIC."
Sudhir D., Los Angeles
"Easy signup, smooth experience without any hassle."
Ritesh K., Sunnyvale
"You will have a wonderful experience. Staff members are polite, respectful and will make your banking experience great. Bank on them!"
O. Shukla, San Diego
Explore SBIC's comprehensive range of banking solutions, including business checking accounts, savings accounts, loans, and remittance services. Manage your finances effortlessly with options like online business checking accounts tailored to your needs.
Fixed-rate certificates of deposit for businesses looking to maximize returns on reserve funds.
Savings and money market accounts designed to grow idle business funds with competitive interest rates.
Term loans, lines of credit, SBA loans, and commercial real estate financing for businesses.
Have questions about our business checking accounts or ready to get started? Our business banking team is available by phone, in branch, or through our Virtual Branch.
877-707-1995
Monday – Friday, 8:00AM – 4:30PM PST
Click here to connect with a representative via live chat, audio, or video.
Business accounts are opened in branch. Click here to find your nearest location.
You’ll need the following:
The minimum initial deposit varies based on the type of business checking account you choose:
For more details, explore our business checking account offers to find the right fit for your business needs.
Each business checking account offers a specific number of free transactions:
Explore our business checking account options to determine which suits your transaction needs.
Yes, all SBIC customers can open a business checking account and access it online through our secure Business Online Banking platform. Manage your funds, monitor transactions, and utilize our convenient tools anytime, anywhere!
SBIC provides flexible overdraft protection options, including linking to savings accounts and overdraft credit lines.
Yes, the Attorney Client Trust Checking account is specifically designed for attorneys, offering unlimited transactions and no service fee.
SBIC offers promotions, including waived fees and cashback for new account holders.
Yes, our Interest Business Checking offers a rate of 0.15% for accounts with a minimum balance of $15,000.
SBIC reimburses* out-of-network ATM fees for eligible accounts.
Yes, you can send secure domestic and international wire transfers directly from your account.
Yes, but additional documentation and residency requirements may apply.
SBIC utilizes industry-standard encryption and multi-factor authentication to safeguard your data and transactions.
You can switch to a more advanced account type by contacting our support team.
Yes, our accounts integrate seamlessly with popular accounting platforms like QuickBooks and Xero.
Yes, SBIC allows businesses to open multiple accounts under a single EIN.
A service fee will apply, which varies by account type. (if applicable.)
Use the branch locator tool on our website to find the nearest SBIC location.
Each additional transaction incurs a fee of $0.45.
Check Deposits limits $10,000 per day and $50,000 per month.
Visit your local branch or contact customer support to close your account accurately.
1 Reimbursements vary based on account type. Please see applicable Account Agreements for specific reimbursement terms.
2 Interest rates are variable and may change as often as daily without notice. Interest is calculated on the daily collected balance, compounded daily, and credited monthly. Interest begins to accrue on the first business day the Bank receives credit for the deposit of non-cash items (e.g., checks). For current rates, please visit the Deposit Rates page, call us at 1-877-707-1995, or visit your preferred local branch.
3 Interest is paid to State Bar. Please consult with one of our Business Banking Representative for more details.
4 Transaction fees cannot be waived by maintaining the required minimum balance. For additional transaction fees that may apply, please see the Business Banking Schedule of Fees and Charges.
5 Additional fees/charges may apply. Please see details listed in applicable Account Agreements and the Business Banking Schedule of Fees and Charges.
6 Please consult with one of our Business Banking Representative for more details.
*For Quantum Business Checking, the bank reserves its discretion to move the account to a lower product type (Simple Business Checking) if the account does not maintain the stipulated average monthly balance for a continuous two months and applicable charges will be levied as per Simple Business Checking Product and would not include the benefits listed above. Remote Deposit Capture: single feed scanner free, preapproved deposit limits apply, ask for details. ACH Origination, preapproved payment limits apply, ask for details. Fraud Prevention Package includes, Positive Pay, ACH Positive Pay, ACH Block. Remittances-special rate considerations apply to In-Branch Transactions. Call your local Branch for details on rates. Additional fees/charges may apply. For further business account information and terms and conditions, visit sbic.bank, call toll-free 1.877.707.1995 or visit a location near you.
Additional transaction fee of $0.45 applies per transaction beyond the included monthly limit. See the Business Banking Schedule of Fees and Charges for full details.
Access links to services, policies, and support. Open your business checking account and bank with ease today!
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