Hatch Business Checking is offered by Hatch,
a nonbank financial services provider
founded in 2019 and based in San Francisco, CA.
Hatch Business Checking is available in
50 states (and Washington, DC).
Charges a monthly fee. This account charges a monthly service fee of $10.
No minimum initial deposit. There is no minimum balance required to open an account online.
Bill pay. Pay your bills to practically anyone in the United States through Hatch.
Hatch Business Checking Pros & Cons
Available in all 50 states.
Free debit card and the option to lock/unlock the card if lost or stolen
Access to a nationwide network of ATMs.
No charge on incoming domestic or international wire transfers.
No signup bonus.
Does not earn interest.
Monthly service charge.
Charges a fee on out-of-network ATM transactions.
Hatch Business Checking FAQ
Are business checking accounts from Hatch federally insured?
Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #32551). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What APY does Hatch Business Checking offer?
Hatch Business Checking is not an interest bearing account.
What are the account minimums for Hatch Business Checking?
Hatch Business Checking does not require a minimum initial deposit.
Hatch Business Checking Account Minimums
Minimum Initial Deposit
What fees does Hatch Business Checking charge?
This account charges a monthly maintenance fee of $10.
Hatch Business Checking Fees
ATM Fee: In-Network
ATM Fee: Out-of-Network
Starting at $1
Debit Card Replacement Fee
Early Account Closure
Online Bill Pay Fee
Overdraft Item Fee
Overdraft Protection Fee (per transfer)
Stop Payment Fee
Wire Transfer Fee - Domestic (Incoming)
What features and perks does Hatch Business Checking offer?
This account includes the following features:
Fraud monitoring - Hatch Business Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
Mobile Banking Services - Hatch Business Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.
Nationwide ATM network - Conveniently transact at a nearby ATM.
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Message From Hatch Business Checking
Get the business checking account designed for small businesses with no NSF fees, up to 5% cashback rewards*, perks, and discounts. Get all this and more for $10 a month¹ with no minimum deposit!
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