Healthcare Advantage Checking

Our Healthcare Advantage Checking account is ideal for healthcare businesses that experience high volumes of monthly transactions. Whether you operate a medical practice, clinic or hospital, you can benefit from 1,500 free monthly transactions, paying no fee for the first year and no monthly maintenance fee after the first year if you maintain a monthly average collected balance of $5,000.

  • Key Benefits
    • No transaction fees for the first 1,500 transactions, including checks paid, deposits, deposited items, ACH credits/debits
    • Exclusively for healthcare professionals
    • Avoid a monthly maintenance charge by maintaining a minimum monthly average collected balance of $5,000
  • Disclosure

    New Federal Regulation

    Starting May 11, Valley, and other financial institutions, will be required to follow a new federal regulation called the Customer Due Diligence (CDD) Rule. This means we’ll be required to obtain, verify and record information about the beneficial owner(s) of businesses and corporations, also considered legal entity customers.

    Who is a beneficial owner?
    Beneficial owner(s) include individuals who directly or indirectly own 25% or more of the legal entity’s equity interests, and one person with significant responsibility to manage the entity.

    What this means to you
    Each time an account is opened on behalf of a legal entity, we will be required to ask for:
    • Identifying information about the beneficial owner, including, but not limited to: name, residential address, date of birth, social security or similar number.
    • Documents to verify the identity of the entity, the ownership structure of the entity, and the identity of the beneficial owner.

    Questions about the CDD Rule?
    If so, please speak with your Branch Representative or call Customer Service.

hidden text to fill headerYou may also be interested in

Treasury Solutions
hidden text to fill headerCommercial Lending

Treasury Solutions

Whether you require tools to process payments, collect cash, maintain liquidity, manage cash flow or monitor and report activity, we have a full suite of solutions for businesses of every size.

Payroll Processing
hidden text to fill headerMake pay day easier

Payroll Processing

Here’s an easier way to handle payroll processing – by taking advantage of a full suite of services through ADP®

Merchant Services
hidden text to fill headerReceivable Solutions

Merchant Services

Our professional team of experts will guide you through the process of selecting the optimal merchant payment technology and services for you banking needs.

Business Insight Center
Your business banking resource

Business Insight Center

Gain expert insight to help you start, manage and grow your business.

Visit the business insight center