Small Business Checking

We recognize that small business owners are some of the hardest-working members of our community, which is why you deserve a checking option with great benefits.

Plus, if you sign up for Merchant Payment Services, your Small Business Checking account is free for two years.

  • Key Benefits
    • 300 checking transactions free including checks paid, deposits, deposited items, ACH credits/debits
    • Access to EZ Deposit to quickly and easily deposit checks. If you commit to a one-year agreement to use EZ Deposit, we'll either give you a free single feed scanner or a $300 credit for a multi-feed scanner.
    • No fee for up to $10,000 in cash processing per month
    • *Avoid a monthly maintenance charge by maintaining a minimum daily balance of $999
    • Sign up for Merchant Payment Services and your Small Business Checking account is free for two years
  • 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 at 800-522-4100 from 6 AM to 11 PM ET, seven days a week.

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