Business Banking

Business is vital to the health of our communities – and not just economically speaking. Whether it’s the corner barbershop or the grocery store down the street, neighborhood businesses are magnets for social interaction and community development. At Veritex Bank, our business banking services are structured to meet the needs of a range of locally owned companies. And our banking experts are ready to help you select the accounts that make sense for your business. Why don’t we sit down and talk about it? Schedule an appointment to discuss our business banking services today:

E-Business Checking

GREEN FOR BUSINESS!! Designed for small and upstart businesses with minimal monthly transactions. Eco-friendly with convenient access options.

Checks and accessories are optional and available in a variety of styles and prices.

Features

• Up to 100 transactions each month at no charge
• Free online banking
• Free online billpay

NOW Business Checking

Available to single business owners who prefer to earn interest on investible balances while retaining the convenience of liquidity.  Checks and accessories are available at a variety of price points.

Available to Sole Proprietors
Tier 1: $0 - $1,499 - No interest
Tier 2: $1,500+ - Interest paid

Features

• Monthly Service fee waived when minimum balance maintained
• Unlimited transactions
• Earns interest on maintained minimum balance of $1,500
• Interest paid monthly

Commercial Checking

Well-established businesses with consistent volumes in operating and/or payroll accounts.  This Account may have considerable benefits if consistently high balances are maintained.  May also be grouped with multiple business accounts under the same title for added convenience. Check supplies at varying price points.

Features

• No minimum balance required
• Earnings credit may offset monthly service fees and transaction fees
• Unlimited transactions

Business Money Market

Designed for businesses with lower balances to invest, while retaining liquidity.

Tier 1: $0 - $2,499
Tier 2: $2,500 - $24,999
Tier 3: $25,000 - $49,999
Tier 4: $50,000 +

Features

• Limited to 6 debit transactions per statement cycle
• Monthly service fee waived when minimum balance maintained

Business Preferred Money Market

Designed for businesses with higher investible balances that also want to retain liquidity.  Tiered interest varies with the current market.

Tier 1: $0 - $9,999 - No interest
Tier 2: $10,000 - $49,999
Tier 3: $50,000 - $249,999
Tier 4: $250,000 - $499,999
Tier 5: $500,000 - $999,999
Tier 6: $1,000,000+

Features

• Limited to 6 debit transactions per statement cycle
• Monthly service charge waived when minimum balance is maintained
• Earns interest on minimum daily balance of $10,000
• Interest paid monthly

Community Business Checking

This basic non-interest bearing account is designed for very small associations with nominal transactions or temporary account requirements.  Checks and accessories available at varying price points.

Features

• No minimum balance required
• Unlimited transactions

Community Investment

Designed for larger non-profit organizations with moderate to substantial balances needing to remain liquid, while earning interest.

Certified non-profits.
501c(3) Required

Features

• Monthly service charge waived if minimum balance maintained
• Unlimited transactions
• Earns interest on maintained minimum balance of $1,500
• Interest Paid Monthly

IOLTA Checking Account

Veritex Bank is recognized by the Texas Equal Access to Justice Foundation as an eligible institution meeting its requirements to help strengthen the IOLTA program and generate more funds for legal aid in Texas. We offer a special interest rate for these accounts enabling lawyers to provide extra resource for funding legal services to the poor. Learn more about IOLTAs from TAJF.