Headquartered in Westbury, NY, New York Community Bank has 225 branches in New York, New Jersey, Ohio, Florida, and Arizona. Their offerings include business savings and checking, cash management solutions, and other business services. They have an A+ BBB rating and generally positive reviews online.
New York Community Bank Business Checking Rates & Fees
|Monthly Fee||$15.00 with daily balance between $0 - $999.99|
$10.00 with daily balance between $1,000.00 - $2,999.99
$0 with daily balance of $3,000.00
|Minimum Balance Requirement||Daily balance of $3,000.00 to avoid monthly fee|
|Transaction Fee||Free for first 250 transactions, $0.40 per item thereafter|
|Wire Transfer Fee||Incoming (domestic and international): $15.00|
Outgoing (domestic): $30.00
Outgoing (international): $40.00
|Cash Deposit Fee||Unlimited deposits|
|Overdraft Fee||$34 per item, no limit to the number of fees that can be charged on any business day.|
|ATM Fee||Other bank ATM transaction: $2.00|
New York Community Bank Network
New York Community Bank has 225 branches in New York, New Jersey, Ohio, Florida, and Arizona. You can use their branch locator to see what locations are closest to you.
New York Community Bank Additional Business Banking Services
New York Community Bank also offers the following business services: online & mobile banking, savings & money market accounts, business credit cards, and commercial real estate loans. They currently do not offer business / SBA loans, 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.