
Small Business Checking
Whether you craft handmade goods, run a café, offer expert services, or sell online — you’re building something meaningful. At Westerra Credit Union, we believe if you can build a business, you can do money. Open your business checking account online today with the best bank for small business and grow with confidence.
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Account features | Business value checking | Business preferred checking | Business high balance checking |
---|---|---|---|
Average Daily Balance | No minimum | $5,000 | $50,000 |
Monthly fee | $0 | $10 (if your monthly average end-of-day balance is less than $5,000) | $30 (if your monthly average end-of-day balance is less than $50,000) |
Transactions | 100 free/month ($0.30 per item after that) | 250 free/month ($0.35 per item after that) | 400 free/month ($0.20 per item after that) |
Cash processing | $5,000 free/month (after that limit, there’s a 0.10% fee) | $10,000 free/month (after that limit, there’s a 0.10% fee) | $25,000 free/month (after that limit, there’s a 0.10% fee) |
ATMs in the CO-OP network | Unlimited free CO-OP ATMs — the second-largest ATM network in the U.S. | Unlimited free CO-OP ATMs — the second-largest ATM network in the U.S. | Unlimited free CO-OP ATMs — the second-largest ATM network in the U.S. |
ATMs outside of the CO-OP network | Free (The ATM owner may charge other fees) | Free (The ATM owner may charge other fees) | Free (The ATM owner may charge other fees) |
Interest | None | Based on your balance | Based on your balance |

Earn Rewards with Your Business Checking Debit Card
Turn everyday business purchases into something more. With a small business checking account from Westerra Credit Union, you can earn points on your debit card spending — then redeem them for cash back, travel, gift cards, fuel, and more. Go ahead, let that client lunch pay for the next one.

Looking for business credit cards?
Local businesses can get credit cards with rewards, competitive rates, and no balance transfer fees
Frequently Asked Business Checking Questions
Requirements vary depending on your business type, but you’ll typically need a government-issued ID, your business’s EIN or SSN, and formation documents. To make it easy, we’ve created a business account checklist to help you get started and gather exactly what you need to open your small business checking account with Westerra Credit Union.
Westerra Credit Union offers a full suite of digital tools to help you manage your business finances efficiently and securely:
Mobile & Online Banking: Access your accounts 24/7 to view balances, transfer funds, pay bills, and deposit checks — all from your phone or desktop.
Authorized Users: Add team members or bookkeepers with customized access to help manage day-to-day financial tasks securely.
Bill Pay & eStatements: Streamline vendor payments and reduce paper clutter with digital statements and scheduled bill pay.
ACH & Wire Transfers: Handle payroll or vendor payments with fast, secure ACH and wire services.
Custom Dashboard & Alerts: Personalize your online banking experience with widgets, notifications, and real-time account activity tracking.
Whether you’re on the go or working from your office in the Denver metro, Westerra’s digital tools give you the control and flexibility to run your business smarter.
A business checking account is designed to meet the unique financial needs of a business, helping owners keep their company’s finances organized and separate from personal funds. Separating personal and business accounts is crucial — not only for clear bookkeeping and tax reporting but also because payments made payable to your business cannot be legally deposited into a personal account. Having a dedicated business checking account ensures that you can accept payments made to your business name smoothly and professionally.
Business checking accounts accommodate higher transaction volumes typical of businesses, including multiple deposits, withdrawals, and payments. They offer convenient features such as online banking, mobile check deposits, and integration with accounting software, making financial management more efficient. Additionally, you can grant authorized access to employees or bookkeepers to help manage your finances securely.
When comparing business checking accounts vs. personal checking accounts, key differences emerge: personal accounts tend to have limited features to accommodate the needs of a business, while business accounts provide higher transaction limits, business-specific services like merchant payment processing, and options for business loans or credit lines. Choosing the right business checking account helps you manage cash flow effectively, maintain financial clarity, and support your business growth.
*The dividend rate and APY are subject to change without notice. Dividends are computed using the average daily balance method and are paid monthly. $5,000 average daily balance for Business Preferred Checking to avoid maintenance fee. $50,000 average daily balance for Business High Balance Checking to avoid maintenance fee. Any fees may reduce earnings. View the Westerra Business Banking Fee Schedule.
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