Business Checking

Your Business is unique, and Magyar Bank offers a complete line of
simply MAGnificent checking accounts to meet the needs of your
business.

All of our business checking accounts come with:

  • Online Banking & Bill Pay
  • Magyar Bank Debit Card
  • eStatements
  • Telephone Banking

Visit any Magyar Bank location, call 1-888-990-BANK or complete our contact form for more information and to open your account.

Business Checking

Our most popular business checking account.

  • $100 minimum to open
  • Free check images
  • 200 free items per statement cycle; $.20 for each item over 200
  • $1,000 minimum balance – $10/month service charge if balance falls below $1,000
  • First Three Months Free
  • Business Mobile Banking & Mobile Deposit
  • Remote Deposit Free for 12 Months

Business Analysis Checking

For businesses with more activity in their account. An earnings credit is applied to account balance to offset service costs.

  • $100 minimum to open
  • Free check images
  • $.17 for each transaction; $20 monthly maintenance fee
  • An earnings credit is applied to account balance to offset service costs

Non-Profit Checking

An account designed exclusively for non-profit organizations.

  • $25 minimum to open
  • No monthly maintenance fee
  • Free check images
  • Unlimited check writing

Non-Profit Checking with Interest

For non-profit organizations who keep a higher balance in their account.

  • $100 minimum to open
  • No monthly maintenance fee
  • Unlimited check writing
  • Earn interest on balances of $1,000 or more

CHECKING RATES

Click below for the current Magyar Bank fee schedule

Fee Schedule