NorthOne Business Checking Account

NorthOne Business Checking Account Review

NorthOne Business Checking Account is offered by NorthOne, a bank founded in 2017 and based in New York, NY. NorthOne Business Checking Account are available in 50 states (and Washington, DC).

Key Takeaways

• 0% APY. As with most checking accounts, NorthOne Business Checking Account does not pay interest.
• Charges a monthly fee. This account charges a monthly service fee of $10.
• Bill pay. Pay your bills to practically anyone in the United States through NorthOne.

NorthOne Business Checking Account Pros & Cons

NorthOne Business Checking Account FAQ

Are business checking accounts from NorthOne 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 NorthOne Business Checking Account offer?

NorthOne Business Checking Account is not an interest-bearing account.

What are the account minimums for NorthOne Business Checking Account?

NorthOne Business Checking Account requires a minimum initial deposit of $50 to open an account.

What fees does NorthOne Business Checking Account charge?

This account charges a monthly maintenance fee of $10.

What features and perks does NorthOne Business Checking Account offer?

This account includes the following features:

• Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
• Fraud monitoring - NorthOne Business Checking Account 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 - NorthOne Business Checking Account 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.