We offer a commercial checking account that allows you more time to focus on your business. A TSB Commercial Checking account can save you money with many account features and services with no costs or fees.(1)
The Setting Up Your Commercial Account Brochure (Opens in a new Window) (Opens in a new Window) is a guide to make the account opening process simpler and quicker for our business customers. It explains the documentation requirements to open a business account.
Common Features to all TSB Commercial Checking Accounts
- $100 minimum opening deposit
- No Per Item Fee
- Unlimited Check Writing
- Unlimited Over-The-Counter Teller Transactions
- Unlimited Deposits at any TSB location
- 24/7 Access to Telephone Banking - (865) 908-BANK (2265) or Toll Free (877) 908-4TSB (4872). Enrollment is required.
- No fee for Visa® Business Debit Card
- No fee for standard Electronic Banking with Bill Pay; fee applies with inclusion of Cash Management(2)
- No fee for Monthly eStatements(2)
- No fee for Mobile Check Deposit(2)
- No fee for Mobile Banking App(2)
(2)Third party message and data rates may apply. Message and data use may count against wireless plan limits.
Elite Business Visa® Credit Card
Commercial Checking
Features:
- $100 minimum opening deposit
- Monthly Minimum Balance Service Charge of $10 if the daily balance drops below $5,000 any day of the statement cycle
- $1,000 No Bounce Advantage™ limit (subject to eligibility requirements; visit our No Bounce Advantage™ page for program details). (Opens in a new Window) (Opens in a n
- Monthly Service Charge for account analysis may apply only for "pass through" accounts.
Commercial NOW Checking
Features:
- $100 minimum opening deposit
- Interest Bearing; No minimum daily balance required to earn interest;
- Monthly Minimum Balance Service Charge of $10 if the daily balance drops below $2,500 any day of the statement cycle
- Commercial NOW accounts are available to individuals doing business under a trade name, sole proprietors, non-profit and tax exempt organizations and associations.
Sole Proprietorship Checking
Features:
- $100 minimum opening deposit
- Monthly Service Charge waived if customer is enrolled in eStatements
- $1,000 No Bounce Advantage™ limit (subject to eligibility requirements; visit our No Bounce Advantage™ page for program details).
- Monthly service charge for account analysis may apply for "pass through" accounts
Commercial Accounts are not available for Money Services Businesses.
Stop Payments
Stop Payments may be placed in person at a branch, by telephone with a bank representative, or by using our Telephone Banking service at (865) 908-2265 or (877) 908-4872. If enrolled in TSB Online/Mobile Banking, you may place a stop payment on checks only by using the Stop Payments feature. Stop Payments fees apply. Please refer to the Account Agreement and Fee Schedule for your account for more information.
