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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 $7.50 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

Helpful Details

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

ALL SIGNERS ON THE NEW BUSINESS ACCOUNT WILL NEED TO PROVIDE:

Citizenship

Name

Residential street address

Taxpayer Identification Number (Social Security Number)

Date of birth

Current government issued photo identification

Home phone number

Occupation

Online and Mobile Banking

Take care of your core banking needs anytime, anywhere from your desktop computer, tablet or smartphone.
LEARN MORE ABOUT OUR ONLINE BANKING

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.
ORDER CHECKS NOW

FAQs and Tips

Small Business FAQs

Yes, we have merchant bags available and night depositories for your convenience.
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.

GET MORE TIPS

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Ready to open a Peninsula small business checking account?

Stop by one of our branches
Find your nearest branch
Call us
800.426.1601

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