BancorpSouth has 280 branches across Mississippi, Alabama, Arkansas, Florida, Louisiana, Missouri, Tennessee, and Texas. Its small business offerings include business savings and checking accounts, lines and loans, credit cards, treasury and wealth management, merchant services, investments, and more. It has an A+ Better Business Bureau rating and generally positive reviews online.
BancorpSouth Business Checking Rates & Fees
|Monthly Fee||$20 per month; waived if the balance requirement is met or if 10 debit card purchase transactions are made|
|Minimum Balance Requirement||$5,000 minimum daily balance|
|Transaction Fee||500 free transactions per month; 50 cents each thereafter|
|Wire Transfer Fee||Incoming: $15|
Outgoing (domestic): $18
Outgoing (international): $50
|Cash Deposit Fee||Information not available|
|Overdraft Fee||$35 each|
|ATM Fee||$2 per foreign ATM transaction|
BancorpSouth operates 280 full-service branch locations as well as mortgage, insurance, and loan production offices in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, and Texas. It also has an insurance location in Illinois. You can use its branch locator to check which locations are closest to you.
BancorpSouth Additional Business Banking Services
BancorpSouth also offers the following business services: business savings and money market accounts, credit cards, wealth management, lines of credit, business term loans, Small Business Administration funding, and commercial real estate financing. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
Best Business Checking Account for Small Businesses
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 options.