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We will walk you through how to open a business bank account—from gathering the required documents based on how your business is organized and choosing the right account, to counting the cost of fees and setting up online banking. Knowing ahead of time what kind

A business money market account (MMA) is a flexible, low-risk method of saving money while maintaining access to the funds you have on deposit. It functions like a savings account by offering an APY equal to or higher than most regular business savings accounts. It

Annual percentage yield (APY) refers to the total amount of interest that you can earn on a deposit within one year. Because APY compounds, the APY on account will be slightly higher than the stated interest rate. In other words, you can earn interest on

If you either have a business checking account you aren’t using regularly or are dissatisfied with your current bank, you might need to close your business bank account. This allows you to avoid dormant account fees. We’ll cover how to close a business checking account