Amalgamated Bank has 16 branches in NYC, Washington D.C., and California. Their customers also have access to over 40,000 surcharge-free ATMs nationwide through the Allpoint Network. Their business offering include savings and checking, treasury management, lending services, payroll and merchant support, and more. They have an A+ BBB rating and generally positive reviews online.
Amalgamated Bank Business Checking Rates & Fees
|Monthly Fee||No monthly fee|
|Minimum Balance Requirement||No minimum balance required|
|Transaction Fee||Free for first 200 transactions, $0.25 per transaction thereafter|
|Wire Transfer Fee||Incoming: $15.00|
Outgoing (domestic): $33.00
|Cash Deposit Fee||N/A|
|Overdraft Fee||$19.00 per item, no more than $57.00 in total will be charged per day|
|ATM Fee||Non-Amalgamated Bank / non-domestic Allpoint ATM transaction: $1.50|
Amalgamated Bank Network
Amalgamated Bank customers can go to 16 physical branches and has access to more than 40,000 Allpoint® ATMs nationwide. You can use their branch locator to see what locations are closest to you.
Amalgamated Bank Additional Business Banking Services
Amalgamated Bank also offers the following business services: online & mobile banking, savings & money market accounts, business and other types of loans, as well as treasury management. They currently do not offer business line of credit. Find out more about their small business offerings on their website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||x|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
Best Small Business Business Checking Account
Want to know which bank we named the best business checking account for small businesses? Read our business checking account buyer’s guide comparing the top 6 options.