Business Checking Accounts for Middle TN Businesses
Our business checking account for LLCs and other businesses offers support at every stage of your company’s journey—from startup to expansion. F&M, a Lawrence Bank provides secure, flexible, and cost-effective solutions for businesses of all sizes.
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Business Checking Solutions
F&M offers business checking accounts with specific benefits tailored to our customers' business needs:
Smart Free Business Checking
Perfect for startups and small businesses seeking cost-effective banking.
- No monthly maintenance fee
- $50 minimum to open
- Up to 1,000 free transactions per month
- Free coin and currency deposits (up to $10,000/month)
- Complimentary online banking, bill pay & debit card
Commercial Checking
Designed for businesses with high transaction volumes.
- $50 to open; $15 monthly fee (waivable with compensating balance)
- Designed for high-volume transaction activity
- Per-item pricing with credits offset by compensating balances
- Premium online banking and debit card privileges
Key Features for All F&M Business Checking Accounts
- Free Online & Mobile Banking: Manage your day-to-day finances securely and on-the-go
- Debit Visa® Card: Issue individual spending limits to employees
- Business eStatements: Flexible monthly paper or electronic statements
- Cash & Coin Deposits: No fees up to $10,000/month for most accounts
- Advanced Services Available: Including ACH, remote deposit capture, night depository, merchant services, and sweep account options
Additional Cash Management Tools Available
- ACH Services: Streamline payroll, vendor payments, and customer billing
- Remote Deposit & Mobile RDC: Deposit checks right from your office or smartphone
- Night Depository: Secure 24/7 drop-off when your business hours extend beyond ours
- Sweep & Zero-Balance Accounts: Automate transfers between checking, loan, and investment accounts
Who Our Business Checking Accounts Are For
- Entrepreneurs seeking a small business checking account
- LLCs in need of a business checking account
- Companies looking for efficient checking for business activities
- Businesses requiring a reliable checking account for daily business management
Why Choose F&M
- Cost-efficient accounts with transparent fee structures
- Tools that empower better cash flow management
- Secure, anytime access via digital platforms
- Dedicated support and tailored financial solutions
Support & Resources
- Application Center: Easily apply for services
- Online & Mobile Banking: Secure tools to manage finances anytime
- Dedicated Business Support: Get help setting up merchant services, ACH, remote deposit capture, and more
Frequently Asked Questions About Our Business Checking Accounts
What documents are needed to open a business checking account?
You’ll need your EIN, business registration documents, and a valid ID. Additional requirements may apply for LLCs or corporations. Contact a local branch for details.
Are there fees for business checking accounts?
Smart Free Business Checking has no monthly feesCommercial Checking has a $15 monthly fee, waivable with a compensating balance. See our fee schedule.
Can I access my account online?
Yes, all accounts include free online and mobile banking for 24/7 access.
What are the transaction limits?
Smart Free Checkings offer up to 1,000 free transactions per month. Commercial Checking uses per-item pricing with credits based on balances.
Can I issue debit cards to employees?
Yes, all accounts include a free Visa® debit card with the ability to set individual spending limits for employees.
Ready to Streamline Your Business Finances?
Whether you're a startup, LLC, or established business, F&M’s checking accounts are designed to support your growth. Contact our qualified business banking specialists to find the perfect account for your needs.
Contact a Local Branch