Business Checking
If you desire a practical, common sense approach to meeting the banking needs of your business, then Southport Bank is the place for you! In addition to an excellent array of financial services and products, our highly trained and experienced Commercial Banking Professionals are eager to provide you with first rate customer service. Our Commercial Bankers live right here in your community and understand what local banking means! We have knowledge of the local marketplace and our customers. We are committed to making your business* the best that it can be! To learn more, simply click on any of the accounts below. Should you have any questions please contact us.
- Free Small Business Checking
- Basic Business Checking
- Regular Business Checking
- Business Now Checking
- Non-Profit Basic Checking
- Merchant Credit Card Program
- Business Debit Card
Southport Bank offers a variety of savings plans to fit your business needs. To learn more simply click on any of the accounts below. Should you have any questions please contact us.
* The Unlawful Gambling Enforcement Act of 2006, also known as Regulation GG prohibits use of your commercial account for placing, receiving or transmitting a bet or wager via the Internet. Such transactions may be rejected or blocked, or the account may be closed.
Free Small Business Checking
- Minimum Balance to Open Account: $100.00
- No minimum balance required
- No monthly maintenance fee
- 250 transactions free per month which includes credits, deposits, items deposited, debits or checks written.
Fees:
- Cancelled check images - $5.00
- Per transaction fee over 250 limit- $.35
Additional Features:
- FREE Lifeline Basic Online Banking (view account balances, transactions, transfer funds between accounts, export account information)
- FREE Online Bill pay
- FREE Business Debit Card*
- FREE estatements
- FREE Navigator Telephone Banking
- FREE Combined Statements
* Unlimited ATM/Debit Card transactions at Southport Bank ATMs. Four (4) free non-proprietary ATM transactions per month. Subsequent transactions are $1.00 each. Non-proprietary ATMs are terminals not owned by Southport Bank. These terminals may assess additional transaction fees.
Basic Business Checking
- Minimum Balance to Open Account: $100.00
- Minimum Daily Balance to Avoid Fee: $1000.00
Fees:
- $7.00 per month if minimum balance is not maintained
- First 80 transactions free, which includes credits, deposits, debits, checks written or a combination of each per statement cycle. Cost per transaction over 80 is $.35 for each item per statement cycle.
- Items deposited over 80 per month $.20 for each item per statement cycle
Additional Features:
- FREE Lifeline Basic Online Banking (view account balances, transactions, transfer funds between accounts, export account information)
- FREE Online Bill pay
- FREE Business Debit Card*
- FREE estatements
- FREE Navigator Telephone Banking
- FREE Combined Statements
* Unlimited ATM/Debit Card transactions at Southport Bank ATMs. Four (4) free non-proprietary ATM transactions per month. Subsequent transactions are $1.00 each. Non-proprietary ATMs are terminals not owned by Southport Bank. These terminals may assess additional transaction fees.
Regular Business Checking
- Minimum Balance to Open Account: $100.00
- No minimum balance required
Fees:
- Monthly maintenance of $10.00
- Per debit fee of $.25
- Per check paid $.22
- Per ACH debit/credit $.35
- Per deposits/other credits $.50
- Items deposited $.10
Additional Features:
- FREE Lifeline Basic Online Banking (view account balances, transactions, transfer funds between accounts, export account information)
- FREE Online Bill pay
- FREE Business Debit Card*
- FREE estatements
- FREE Navigator Telephone Banking
- FREE Combined Statements
- Zero Balance/Sweep Accounts
- Cancelled check images
This account offers an account analysis feature that applies an earnings credit, based on average collected balance less reserve requirements, that can reduce or eliminate monthly service charges.
* Unlimited ATM/Debit Card transactions at Southport Bank ATMs. Four (4) free non-proprietary ATM transactions per month. Subsequent transactions are $1.00 each. Non-proprietary ATMs are terminals not owned by Southport Bank. These terminals may assess additional transaction fees.
Business NOW (interest bearing) Checking
- Minimum Balance to Open Account: $100.00
- Minimum Daily Balance to Avoid Fees: $1500.00
Fees:
- $7.50 per month if minimum balance is not maintained
- Checks paid over 40 per month $.35
- Items deposited over 40 per month $.50
- Deposits/other credits over 5 per month $.50
- ACH debit/credit $.35
Additional Features:
- FREE Lifeline Basic Online Banking (view account balances, transactions, transfer funds between accounts, export account information)
- FREE Online Bill pay
- FREE Business Debit Card*
- FREE estatements
- FREE Navigator Telephone Banking
- FREE Combined Statements
Due to federal regulations, partnerships, corporations operated for profit and some other entities are prohibited from having a Business Now Account.
* Unlimited ATM/Debit Card transactions at Southport Bank ATMs. Four (4) free non-proprietary ATM transactions per month. Subsequent transactions are $1.00 each. Non-proprietary ATMs are terminals not owned by Southport Bank. These terminals may assess additional transaction fees.
NON-PROFIT Basic Checking
As a service to our community we offer this special account to non-profit organizations like PTA Associations, Scout Troops and other charitable organizations.
Merchant Card Processing
If your business currently accepts credit cards or you would like to start accepting them, as payment for your business service, you can save time and increase your cash flow by utilizing Southport Bank's Merchant Card Processing. Southport Bank works in conjunction with Bankers Bank to offer you the best payment processing solution. We will provide you with a customized price quote based on your businesses volume of monthly transactions and your average ticket price, subject to credit approval. If you would like more information regarding our Merchant Card Processing, contact a merchant representative located at our Main office (262-942-1111).
Highlights:
- Competitive rates
- Full line of credit card terminals and printers
- Easy to read monthly statement
- Automated touch tone credit card processing
- Customer Service is available 24 hours a day, 7 days a week.
Business Debit Card*
Your Southport Bank Business Debit card can be used to make purchases in person, online or over the telephone, subject to credit approval. The amount of the purchase comes directly from your Business Checking account. This offers you the following benefits:
- More convenience than petty cash
- No need to keep large sums of cash on hand
- Better control with automatic record keeping
- Faster delivery of phone and Internet orders
- Faster check outs at stores
- Use wherever MasterCard™ Business Debit Cards are accepted.
* Unlimited ATM/Debit Card transactions at Southport Bank ATMs. Four (4) free non-proprietary ATM transactions per month. Subsequent transactions are $1.00 each. Non-proprietary ATMs are terminals not owned by Southport Bank. These terminals may assess additional transaction fees.
For more information either stop in and visit your Banker (of course have a cookie too). If it's more convenient, email us at information@southportbank.com or call our Customer Call Center at (262) 942-1111.
