Apple Bank is a state-chartered bank in New York with 79 branches in Manhattan, Brooklyn, Queens, Staten Island, and the Bronx, as well as Westchester, Suffolk, Nassau, and Rockland counties. Their offerings include business checking and savings, loans and credits, and merchant services. They have an A- BBB rating and a mix of positive and negative reviews online.
Apple Bank Business Checking Rates & Fees
|Monthly Fee||$15 per month|
|Minimum Balance Requirement||$5,000 average monthly balance to avoid monthly fee|
|Transaction Fee||Free for first 200 transactions, $0.15 per transaction thereafter|
|Wire Transfer Fee||Incoming (domestic / foreign): $15.00|
Outgoing (domestic): $30.00
Outgoing (international): $40.00
|Cash Deposit Fee||N/A|
|Overdraft Fee||$35.00 each, maximum of of 6 items per day|
|ATM Fee||Domestic non-Apple Bank ATM transactions: $2.00 per transaction|
International non-Apple Bank ATM transactions: $3.00 per balance inquiry
International non-Apple Bank ATM transactions: $5.00 per withdrawal
Apple Bank Network
Apple Bank has 79 branches in Manhattan, Brooklyn, Queens, Staten Island and the Bronx, as well as Westchester, Suffolk, Nassau and Rockland counties. You can use their branch locator to see what locations are closest to you.
Apple Bank Additional Business Banking Services
Apple Bank also offers the following business services: online & mobile banking, savings & money market accounts, business, SBA, and commercial real estate loans. They currently do not offer business line of credit and wealth management services. 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.