Coastal Bank has two locations in Jacksonville and Holly Ridge, North Carolina. Its customers can also access their funds from any ATMs worldwide free of charge. Its small business offerings include business savings and checking accounts, lending, retirement accounts, and credit cards. It is rated A+ by the Better Business Bureau.
Coastal Bank Business Checking Rates & Fees
|Monthly Fee||$10 per month if balance requirement is not met|
|Minimum Balance Requirement||$500 daily balance|
|Transaction Fee||150 free items per statement cycle; 35 cents each thereafter|
|Wire Transfer Fee||Incoming (domestic): $10|
Incoming (international): $25
Outgoing (domestic): $15
Outgoing (international): $35
|Cash Deposit Fee||$1 per $1,000 coin/currency deposited after $20,000|
|Overdraft Fee||$35 per item|
$5 daily overdraft fee (per business day after the 9th day)
|ATM Fee||No ATM fee|
Coastal Bank Network
Coastal Bank has two locations in Jacksonville and Holly Ridge, North Carolina, with plans to expand in other communities throughout southeastern North Carolina. Its customers can also access their funds from any ATMs worldwide free of charge. You can use its website to see which location is closer to you.
Coastal Bank Additional Business Banking Services
Coastal Bank also offers the following business services: business savings and money market accounts, credit cards, lines of credit, business loans and commercial real estate financing. Currently, it doesn’t offer Small Business Administration loans and wealth management. 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
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