For more than 40 years, our company has provided businesses across the Carolinas with helpful, cost-effective financial solutions. We take pride in building close partnerships, delivering outstanding service and contributing to the success of each client. Whether a sole proprietor, non-profit or large corporation, we have the products, services and expertise to help you manage your finances more efficiently. The minimum to open any business account is $100. For a listing of commercial fees, please ask a bank representative.
At Yadkin Valley Bank, we recognize that there can be costs associated with the process of changing banks. To help alleviate this expense, we’ve introduced a Newcomer Introductory Credit for first-time business customers. If your initial service is one of our business checking accounts, and you elect to add one additional qualifying service, we will issue you a $100 credit to apply toward any bank expense. If you add two qualifying services, we will increase the credit to $250. Ask for details!
Product Comparison Chart
For your convenience, we have provided a side-by-side comparison chart
For larger businesses with more complex banking needs, we offer an “analyzed” commercial checking account that enables you to offset fees with earnings credit based on your balances.
Business Interest Checking is an analyzed, tiered-interest checking account that rewards higher balances with higher interest rates. It is exclusively designed for sole proprietors, qualified non-profit organizations, estates, public funds and IOLTA accounts. Through analysis, customers receive an earnings credit allowance that helps eliminate or reduce fees. Please note that accrued interest is subtracted from your earnings credit with the remaining balance applied as an offset to service charges.
Designed for small businesses with moderate activity, this checking account includes:
To avoid a $25 monthly fee, you must maintain a minimum daily balance of $10,000 in your Business
*Up to two principal owners may apply the balances in their Business Advantage account to meet the Prestige Banking minimum qualifier of $10,000 in total deposits. If the combined balances fall below the $10,000 daily minimum, the monthly fee for Prestige Banking is $25.
For small businesses or non-profit organizations with limited activity, we offer a low-cost business checking account to help keep expenses to a minimum. This account allows up to 275 free items (debits, credits, and items deposited) per statement.
For qualified non-profit organizations with modest activity who want to earn interest, we offer an interest-bearing version of our Signature Business Checking. It accrues interest at the same rate as our Business Interest Checking account and requires a minimum daily balance of $5,000 to avoid a $25 monthly fee.