Associated Bank

Associated Bank is a national bank and holds deposits itself. It is the only institution in this table that publishes a complete business checking rate card in one place: three tiers, each with a monthly fee, a cash deposit allowance, a per-item transaction allowance and the overage rate charged above both.

The entry account carries no monthly fee and no minimum balance. The two above it charge $20 and $35, and each offers four separate ways to avoid that fee rather than one: an average monthly balance, a linked personal Associated checking account, a total of relationship balances across business and consumer products, or holding an Associated Merchant Services account. Only the balance route is modelled by our calculator, so the fee shown is the harder of the four to clear.

The restriction that decides whether any of this matters is geographic. Associated opens business accounts only to businesses operating in nine states, and its branch network covers four. A reader outside that footprint cannot open the account at any price, which is why the states row sits in Eligibility rather than among the features.

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