SMALL BUSINESS CHECKING
Nurturing your small business with simple and easy business checking.
Peninsula is committed to enriching our entire community, including the small business owners and entrepreneurs who live in the area. We are happy to provide easy, straightforward checking that helps your small business take care of business.
We offer our small business members:
Low Cost
Low monthly cost of $10.00* a month
No deposit fees
No fee to deposit, and no limit on deposit amounts
Convenient service
Take care of your personal and business banking at any of our five branches
Merchant card services
We offer support for your own card processing
The types of businesses we serve
We offer business accounts to small businesses registered in Washington state. These are the types of business structures we open accounts for:
- Sole Proprietorships
- Partnerships
- Limited Liability Companies (LLCs)
- Corporations
- Associations and Clubs
- Nonprofit Corporations and LLCs
How to open your Peninsula business checking account
In order to verify you’re a Washington state business, we’ll need to see documentation showing the legal existence of your business entity through the Washington State Department of Revenue (DOR) and/or the Secretary of State Corporations Division.
We also require a Tax Identification Number for the business. Depending upon the business type, this can be a Social Security Number (SSN) or Employer Identification Number (EIN).
When you’re ready to open your new business account, stop by your closest branch or call us at 800-426-1601
Online and Mobile Banking
Take care of your core banking needs anytime, anywhere from your desktop computer, tablet or smartphone.
Order Checks
Reorder your checks online from Mainstreet checks. All it takes is a couple of clicks to order your next set of checks, and you can do it anytime, day or night.
Yes, we have merchant bags available and night depositories for your convenience. Don’t forget about the ATM deposits.
Yes, you can link accounts through online banking. Ask us for details.
Quick Tip
A business should have a team of advisors, including a lawyer, an accountant, and a banker.
None of us are experts in everything, and when running a business, your time is better spent doing just that, rather than trying to learn the complete ins-and-outs of the legal system, the tax code, or a loan product.
NCUA Share Insurance Calculator
Your deposit accounts are federally insured through the National Credit Union Administration (NCUA) up to $250,000 per member. Determine if your balances are covered with NCUA’s Share Insurance Calculator.†
Ready to open a Peninsula small business checking account?
Disclosures
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Disclosures
*First 20 checks that clear are free. Each check over 20 that clears is $0.10.
†This calculator is made available to you as a self-help tool for your independent use and is not intended to provide financial advice. We cannot and do not guarantee its applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
John, Belfair BranchTwo weeks after I opened an account for my new business, I received a call from the person who opened my account asking if I had any questions, and making sure that I had what I needed. We got to talking and I asked about an emergency line of credit just in case. I really felt they were looking out for my best interest.