TIAA Bank is headquartered in Jacksonville, Florida, and serves its customers from 11 locations. Their business offerings include business checking and money market accounts, cash management, and merchant services. They have an A+ BBB rating, and generally positive reviews online.
TIAA Bank Business Checking Rates & Fees
|Monthly Fee||$14.95, fee waived if the minimum balance requirement is met|
|Minimum Balance Requirement||$5,000 minimum balance|
|Transaction Fee||First 200 items processed free per month, $0.25 each item thereafter|
|Wire Transfer Fee||All incoming: FREE|
Outgoing (Domestic): $25
Outgoing (Foreign): $35
|Cash Deposit Fee||N/A|
|ATM Fee||Non-TIAA Bank ATM fee can be reimbursed as long as you keep your account balance above $5,000|
TIAA Bank Network
TIAA Bank neither owns nor operates any ATMs, so they will refund ATM fees (up to $6 per month) paid by its customers who send in the receipt. You can use their locator to see what ATMs are closest to you.
TIAA Bank Additional Business Banking Services
TIAA Bank also offers the following business services: online & mobile banking, money market accounts, wealth management, business line of credit, and business credit cards. They currently do not offer business savings account, business and/or SBA 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 6 options.