Business owners looking for a checking account with no monthly maintenance fee will find a good fit at Huntington Bank. The Business Checking 100 account is a great entry-level account for businesses with fewer than 100 transactions per month.
It also has other account options to choose from as your business grows, savings accounts, and many lending options. The mobile banking app has a very high rating for users primarily relying on electronic banking options. In addition, the 24-hour grace period for overdraft items makes money management easier when calculating debits and credits.
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Since Huntington is a traditional bank with in-person services, I compared it with similar banking models for pricing, ease of use, features, and software integrations. In general, Huntington is comparable. It even offers a 24-hour grace period on all overdrafts, something that is not often offered at similar traditional banks.
Pros
- 24-hour grace period on overdrafts
- Specialty loans available based on business type
- No monthly maintenance fee for the Business Checking 100 account
Cons
- High minimum balances
- Money markets charge a fee if the balance falls below $10,000
- ACH can only be done using bill pay; ACH batches not supported
- Business owners looking for insurance coverage: Huntington Bank has a business division specializing in insurance coverage for banking customers. It issues a large variety of policies, from property coverage to benefits for employees.
- Businesses able to carry a running balance to avoid fees: Huntington Bank has multiple account options that require a specific balance to avoid monthly fees. Business owners with some excess cash may consider depositing it in a checking account to lower their fees. One checking account is interest-bearing, which will be an additional benefit in the long run.
Huntington Bank Business Checking Alternatives & Comparison
Monthly Fee | Monthly Transaction Limit Before Fees | Monthly Cash Deposit Limit Before Fees | ||
|---|---|---|---|---|
 Business Checking 100 | $0 | 100, then $0.50 per transaction | $2,500, then $0.30 per $100 | |
 Business Complete Banking | $30 waivable | Unlimited electronic deposits; 250 in-person transactions | $20,000 | |
 Business Essentials Checking | None | Unlimited digital transactions | 25 free teller transactions, then $0.50 per item | |
 Business Checking Account | $0 | Unlimited | Cash deposits not accepted | Online only; available in all states |
Visit Novo
Novo is a fintech company; not a bank. Deposit account services provided by Middlesex Federal Savings, F.A., Member FDIC
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Best For | Learn More | |
|---|---|---|
| Businesses wanting access to in-person branches across the US: Huntington Bank has a branch presence in 11 states
Huntington Bank branches are in Ohio, Colorado, Michigan, Illinois, Florida, Wisconsin, Indiana, Minnesota, Pennsylvania, Kentucky, and Virginia.
. For businesses with multiple locations across the nation, Chase may be a better fit since it has a footprint extending across all 48 mainland states. | Read our Chase business checking review |
| Business owners needing access to ACH: Huntington Bank offers bill pay with limited payment processing, such as ACH; however, it does not have the option to process ACH files as batches. For businesses with a large number of payouts, U.S. Bank may be the better option since it offers the upgraded ACH platform with more options and automations. | Read our U.S. Bank business checking review |
| Business owners seeking faster access to Stripe payouts: While Huntington Bank does post Stripe payments to the business checking, it does not offer an expedited service. For faster turnaround on Stripe payouts, Novo offers Novo Boost, which posts Stripe funds up to two days faster. | Read our Novo business checking review |
Huntington Bank Business Checking Reviews From Users
Note: The reviews listed below are for the bank as a whole. There were no specific reviews listed for the business checking accounts individually.
| Users Like | Users Dislike |
|---|---|
| Overdraft grace period | Auto loan interest rates higher than competitors |
| Payment assistance is available during a hardship for qualified borrowers | Customer support is less helpful than expected |
| Mobile banking is easy to use | Long wait times for in-person transactions |
When I was researching the customer reviews for Huntington Bank, I noticed the best reviews were left by iOS and Android users. Many said that they feel the mobile app is intuitive and set up in an easy-to-follow manner. They shared they were pleased with the functionality and stability of the app on both platforms.
The reviews that were left on WalletHub and Trustpilot were a bit less than desirable. Many were unsatisfied with the phone support offered through the customer service center. Others stated dissatisfaction regarding the way account issues were handled with allegedly little to no explanation for account closures and frozen accounts.
Here’s how Huntington Bank scored on third-party review sites:
- WalletHub[1]: 2.7 out of 5
- Trustpilot[2]: 1.7 out of 5
- Google Play[3]: 4.8 out of 5
- App Store[4]: 4.8 out of 5
Huntington Bank Business Checking Terms
Huntington Bank Business Checking Requirements
Huntington Bank requires documents based on your business type.
- Two forms of personal identification
- Ex: Valid driver’s license, state identification card, or passport.
- Social Security Number (SSN)
- Employer Identification Number (EIN) (if applicable)
- Ex: A unique nine-digit number assigned to each business entity by the Internal Revenue Service (IRS). Formatted as XX-XXXXXXX. Also known as a Federal Tax Identification Number.
- Employer Identification Number (EIN) Assignment Letter (if applicable)
- Ex: Document from the Internal Revenue Service (IRS) verifying your Employer Identification Number (EIN).
- Assumed Name Certificate or Fictitious Name Certificate (if applicable)
- Ex: Legal document showing the operating name of a business (also known as “Doing Business As” or “DBA”), as opposed to the legal name of the business.
At least two General Partners must be present at account opening at a Huntington branch location for a General Partnership Bank Account with the following documentation. The Controlling Party, along with any Beneficial Owner who owns 25% or more of a business, will be required to provide additional information.
- One form of personal identification for each General Partner
- Ex: Valid driver’s license, state identification card, or passport.
- Employer Identification Number (EIN)
- Ex: A unique nine-digit number assigned to each business entity by the Internal Revenue Service (IRS). Formatted as XX-XXXXXXX. Also known as a Federal Tax Identification Number.
- At least one form of business identification:
- Partnership Agreement
- Ex: Legal agreement that explicitly details the relationship between the business partners and their individual obligations and contributions to the partnership.
- Government Issued Business License
- Partnership Agreement
- Employer Identification Number (EIN) Assignment Letter
- Ex: Document from the Internal Revenue Service (IRS) verifying your Employer Identification Number (EIN).
- Assumed Name Certificate or Fictitious Name Certificate (if applicable)
- Ex: Legal document showing the operating name of a business (also known as “Doing Business As” or “DBA”), as opposed to the legal name of the business.
- One form of personal identification for each General Partner such as valid driver’s license, state identification card, or passport.
- Employer Identification Number (EIN) (if applicable). This is a unique nine-digit number (formatted as XX-XXXXXXX) is assigned to each business entity by the Internal Revenue Service. It’s also known as a Federal Tax Identification Number.
- The EIN Assignment Letter or business identification must provide verification of the business address or the business will need to provide an additional document to confirm the address such as a utility bill or vehicle registration.
- Registered Certificate of Limited Partnership. This is a document filed with your state or regulatory agency to register the Limited Partnership.
- Partnership Agreement. This is a legal agreement that explicitly details the relationship between the business partners and their individual obligations and contributions to the partnership.
- Assumed Name Certificate or Fictitious Name Certificate (if applicable). This is a legal document showing the operating name of a business (also known as “Doing Business As” or “DBA”), rather than legal name of the business.
- The Controlling Party, along with any Beneficial Owner who owns 25% or more of the business, will be required to provide additional information.
- Note: at least two General Partners must be present at account opening.
Additional documents may be required before your business deposit account can be opened. The list provided above may change as applicable state and federal regulations change.
At least two LLC Members (or Manager, if applicable) must be present at account opening for an LLC Bank Account unless the entity is a Sole Member LLC. The Controlling Party, along with any Beneficial Owner who owns 25% or more of a business, will be required to provide additional information. Huntington will need the following documentation:
- Two forms of personal identification
- Ex: Valid driver’s license, state identification card, or passport.
- Social Security Number (SSN), if the entity is a Sole Member LLC.
- Employer Identification Number (EIN)
- Ex: Document from the Internal Revenue Service (IRS) verifying your Employer Identification Number (EIN).
- Assumed Name Certificate or Fictitious Name Certificate (if applicable)
- Ex: A unique nine-digit number assigned to each business entity by the Internal Revenue Service (IRS). Formatted as XX-XXXXXXX. Also known as a Federal Tax Identification Number.
- Registered Articles of Organization
- Ex: Registered Articles of Organization Document filed with your state or regulatory agency to register the Limited Liability Company (LLC).
- Operating Agreement listing the names of Member(s) and the Manager (if applicable)
- Ex: Formal document structuring the Limited Liability Company (LLC)’s financial and managerial functions and duties.
- Employer Identification Number (EIN) Assignment Letter
- Ex: Document from the Internal Revenue Service (IRS) verifying your Employer Identification Number (EIN). Also known as Tax ID Certificate or Tax ID Verification Letter.
- Additional documents may be required before your business deposit account can be opened. The list provided above may change as applicable state and federal regulations change.
All LLP Partners must be present to open an account for a Corporation with the following documentation. The Controlling Party, along with any Beneficial Owner who owns 25% or more of a business, will be required to provide additional information.
- One form of personal identification for each authorized signer
- Ex: Valid driver’s license, state identification card, or passport.
- Employer Identification Number (EIN)
- Ex: A unique nine-digit number assigned to each business entity by the Internal Revenue Service (IRS). Formatted as XX-XXXXXXX. Also known as a Federal Tax Identification Number.
- Registration of Limited Liability Partnership (LLP)
- Ex: Document filed with your state or regulatory agency to register the Limited Liability Partnership (LLP).
- Limited Liability Partnership Agreement, including the names of the Partners
- Ex: Formal document that sets forth the provisions and conditions of the relationship between the partners.
- Employer Identification Number (EIN) Assignment Letter
- Ex: Document from the Internal Revenue Service (IRS) verifying your Employer Identification Number (EIN). Also known as Tax ID Certificate or Tax ID Verification Letter.
At least two Officers of the Corporation must be present to open an account for a Corporation with the following documentation. The Controlling Party, along with any Beneficial Owner who owns 25% or more of a business, will be required to provide additional information.
- One form of personal identification for each authorized signer
- Ex: Valid driver’s license, state identification card, or passport.
- Employer Identification Number (EIN)
- Ex: A unique nine-digit number assigned to each business entity by the Internal Revenue Service (IRS). Formatted as XX-XXXXXXX. Also known as a Federal Tax Identification Number.
- Registration of Incorporation
- Ex: Document filed with your state or regulatory agency to register the Corporation.
- Assumed Name Certificate or Fictitious Name Certificate (if applicable). This is a legal document showing the operating name of a business (also known as “Doing Business As” or “DBA”), rather than legal name of the business.
- Employer Identification Number (EIN) Assignment Letter
- Ex: Document from the Internal Revenue Service (IRS) verifying your Employer Identification Number (EIN). Also known as Tax ID Certificate or Tax ID Verification Letter.
- By-laws, Charter, Constitution, or other governing document. This document defines the rules, regulations, and day-to-day operating procedures of the Association/Organization.
- Employer Identification Number (EIN) (if applicable). This unique nine-digit number (formatted as XX-XXXXXXX) is assigned to each business entity by the Internal Revenue Service. It’s also known as a Federal Tax Identification Number.
- The EIN Assignment Letter or business identification must provide verification of the business address or the business will need to provide an additional document to confirm the address such as a utility bill or vehicle registration.
- Assumed Name Certificate or Fictitious Name Certificate (if applicable). This is a legal document showing the operating name of a business (also known as “Doing Business As” or “DBA”), rather than the legal name of the business.
- Note: At least two representatives of the Association or Organization, as identified in the governing document, must be present at account opening.
Additional documents may be required before your business deposit account can be opened. The list provided above may change as applicable state and federal regulations change.
How to Open a Huntington Bank Business Checking Account
- Step 1: Visit the Huntington Bank website.
- Step 2: Find the account you wish to open.
- Step 3: Click the green button Apply Online.
- Step 4: Complete the form and click Get Started.
- Step 5: Follow the prompts to complete the application and submit.
Huntington Bank Business Checking Features
24-Hour Grace® Overdraft and Return Fee
Huntington Bank offers the 24-Hour Grace feature, designed to allow extra time for account holders to make a deposit to cover a presentment to their account. The deposit must be made before midnight central time the next business day and be enough to bring the balance positive for the bank to process and pay the item.
This feature was designed to give businesses a little extra time to ensure there are no financial disruptions due to an item being returned. In the words of Huntington Bank, “Businesses deserve a little grace.”
Partnership with Zelle®
Huntington Bank partnered with Zelle, allowing business customers to send and receive funds in minutes. Adding this service to a business account allows vendors who are also enrolled in Zelle through their financial institution to easily transmit payments.
Employee Corporate Debit Card
Business owners with employees needing access to business funds can issue an employee corporate debit card with full or limited functionality. It can be used for ATM transactions such as deposits, withdrawals, or purchases. The cards include Zero Liability, a program to protect against unauthorized purchases. It also includes travel assistance, identity theft resolution, and rental car collision damage waiver insurance.
Accounting Software Integrations
You can integrate with QuickBooks and Quicken.
Physical Checks
Physical checks can be ordered online, through the app, by phone, or at a local branch.®
Other Huntington Bank Business Products
In addition to checking accounts, Huntington Bank has products and services for business owners. Here are a few that stand out against other banks.
Business owners interested in opening a practice will find specialized loans at Huntington Bank. It has finance options available for:
- Dentists
- Medical Professionals
- Optometrists
- Veterinarians
This program also has a special funding feature for practices allowing for additional financing, such as:
- Acquisition loans
- Project loans
- Start-up loans
- Real estate loans
- Equipment financing
- Debt consolidation
For business owners accepting credit cards, Huntington Bank partners with Clover Solutions. There are four equipment types available.
- Compact: This is a simple terminal that fits perfectly on the counter, allowing for card inserts and swipes
- Mini: The mini is a full POS system in a compact device. It resembles a tablet and comes with a stand.
- Flex: This device is mobile. You can keep it on the counter, in your pocket, or take it on the road.
- Station Duo: This model is a smart POS system built for speed. It also calculates loyalty programs, captures contact information, and accepts mobile wallets.
Huntington Bank offers comprehensive business insurance to provide a new level of protection. These include:
- Property and casualty insurance
- Life insurance for company executives
- Employee health, dental, and vision benefit packages
- Commercial title insurance
There are three options available to business owners wanting to save funds in a separate interest earning account. These include:
- Business Premier Money Market Account: Is for businesses looking to earn higher interest rates
- Business Premier Savings account: Is for businesses looking for fast access to cash while earning interest
- Business CD: Offers competitive interest rates and guaranteed rate of return for the term of the CD
The Voice program allows users to pick one of 10 categories to earn 4% cash back on the first $7,000 spent each quarter. This allows $28,000 annually. In addition, you earn 1% cash back on all other purchases with $0 annual fees, $0 foreign transaction fees, and Zero Liability Protection.
Frequently Asked Questions (FAQs)
Yes, Huntington Bank has a specialized line of business products and services, including business checking accounts. Its business accounts are tiered, so you can upgrade as your business grows. In addition, business customers can open a savings account, money market account, certificate of deposit (CD), and a business credit card.
No. As a general rule, account approvals are based on the submission of completed applications with supporting documentation for business ownership and personal identification. This includes:
- Valid and official forms of identification
- SSN or EIN
- Legal documents identifying the structure of the business and the name of the business
- One or more representatives from the business who are authorized to open a bank account on behalf of the company
Huntington Bank, founded in 1886, ranks 21st in the list of the top 50 banks by asset size by MX Blog[5], which published its latest report in June 2024. According to the Huntington Bank website, current assets are $196 billion. This information shows Huntington Bank is not only among the top 50 banks but also among the top 25.
Bottom Line
If you are a business owner located in one of the 11 states Huntington Bank branches are in Ohio, Colorado, Michigan, Illinois, Florida, Wisconsin, Indiana, Minnesota, Pennsylvania, Kentucky, and Virginia. in the Huntington Bank footprint, you will find great options for checking, savings, and lending for your business. This financial institution is in the top 25 banks based on banking assets and has an excellent rating on the functionality of its mobile app. It also offers insurance products along with business perks and integrations.
While the upgraded accounts do have monthly maintenance fees, they are waivable by maintaining a specific balance based on the account type. The benefits of the upgraded accounts offset the fee, especially considering one of the accounts has an interest-earning option.
[1]WalletHub
[2]Trustpilot
[3]Google Play
[4] App Store
[5]MX Blog