SunTrust Bank has 1,400 bank branches and 2,160 ATMs across 11 Southeastern states and in Washington, D.C. Their small business offerings include business savings and checking, loans, cash management, payroll and merchant services, investing, retirement, and more. They have an A+ rating from the Better Business Bureau and a mix of positive and negative reviews online.
SunTrust Bank Business Checking Rates & Fees
|Monthly Fee||No monthly fee for the first 12 statement cycles|
$5 per month after 12 statement cycles (waived when you make at least 5 debit or credit transactions in a month)
|Minimum Balance Requirement||No minimum balance requirement|
|Transaction Fee||50 items/transactions included per month, $0.50 each thereafter|
|Wire Transfer Fee||Incoming (domestic): $15|
Incoming (international): $30
Outgoing (domestic): $25
Outgoing (international): $50
|Cash Deposit Fee||$2,000 free cash processing included per month, $2.50 per $1,000 thereafter (cash deposit fee in West Virginia, Maryland, Washington, D.C., and Virginia may be assessed at a rate of $0.0025 per $1.00 over $2,000)|
|Overdraft Fee||Very 1st NSF item: $25 each|
2nd NSF item and on: $36 each
$36 extended overdraft fee (imposed on the 7th day when your account balance remains overdrawn for 7 consecutive calendar days)
|ATM Fee||Non-network ATM transactions: $2 each|
SunTrust Bank Network
SunTrust Bank operates 1,400 bank branches and 2,160 ATMs across Alabama, Arkansas, Florida, Georgia, South Carolina, West Virginia, Maryland, Mississippi, Tennessee, North Carolina, Virginia, and Washington, D.C. You can use their branch locator to see which locations are closest to you.
SunTrust Bank Additional Business Banking Services
SunTrust Bank also offers the following business services: business savings and money market accounts, credit cards, lines of credit, wealth management, as well as business, SBA and commercial real estate loans. Find out more about their small business offerings on their website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|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 six options.