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Starting a business in Raleigh comes with hurdles and challenges. That’s why partnering with a reliable bank is advised to help your business grow and succeed. These top banks in Raleigh are reliable and credible and offer many features to their customers. Keep reading to learn more about our top picks in the city.
Best Business Checking Accounts in Phoenix
The best banks with the best checking accounts for businesses in Phoenix are:
- BB&T – Best Overall for Businesses
- Wells Fargo – Best for Financial Services
- First Citizens Bank – Best for Free Online Banking and Bill Pay
- PNC Bank– Best for Flexible Banking Options
BB&T – Best Overall for businesses
BB&T, after a recent merger with SunTrust Bank, is now the sixth-largest bank in the United States. It is ideal for businesses looking for a bank with a wide network of branches. In addition, BB&T offers a variety of business checking accounts with varying fees and features.
With BB&T’s Merchant Services, businesses can accept credit and debit card payments. Furthermore, their online bank allows users to access their accounts, pay bills, and transfer funds from anywhere.
Why we chose it: We chose BB&T for its extensive physical branch coverage, merchant services, and wide range of business checking accounts.
- A wide network of physical branches
- A variety of business checking accounts with varying fees and features
- Merchant Services to accept credit and debit card payments
- Some accounts may require a high minimum balance
- Some fees for services such as wire transfers and cash deposits
Wells Fargo – Best for Financial Services
With its various financial services, Wells Fargo is an ideal financial partner for businesses in Raleigh. Wells Fargo offers several accounts and services, including business loans, lines of credit, and credit cards. They offer comprehensive financial solutions to help businesses of all sizes reach their goals.
Their online and mobile banking services are convenient, allowing businesses to manage their accounts from anywhere. They provide user-friendly mobile banking with easy navigation. This allows users to check their account balances, make transfers, and pay bills.
Wells Fargo’s cash management services are also a standout feature. They offer automatic payment services, wire transfers, and remote deposit capture, among other options.
Why we chose it: We chose Wells Fargo for its broad range of financial services and products. Also, they are committed to providing convenient online and mobile banking services.
- A wide selection of financial solutions, including business loans and lines of credit
- Convenient online and mobile banking services
- Cash management services, including automatic payment services and remote deposit capture
- Merchant services for efficient payment processing
- High monthly maintenance fees
First Citizens Bank – Best for Free Online Banking and Bill Pay
First Citizens Bank is a solid choice for businesses needing a banking partner that provides free online banking and bill pay services. They offer a user-friendly mobile bank with features that help businesses easily manage their finances.
First Citizens Bank’s online banking features include account balances, transaction history, fund transfers, and bill payment services, all at no extra cost to businesses. Their mobile app is also user-friendly, providing businesses access to their accounts on the go.
Why we chose it: First Citizens Bank offers free online banking and bill pay services, a user-friendly mobile app, and personalized support.
- Free online banking and bill pay services
- User-friendly mobile app
- Dedicated relationship managers for personalized support
- A comprehensive selection of financial solutions, including business loans and lines of credit
- Their limited branches may not suit businesses requiring in-person banking services.
PNC Bank – Best for Flexible Banking Options
PNC Bank is a great choice for businesses that need flexibility in their banking options. They offer various account options, including checking, savings, and money market accounts.
One of the standout features of PNC Bank is its Virtual Wallet suite of products. This feature combines checking, savings, and money market accounts into one convenient interface. This allows business owners to view their account balances, set financial goals, and track spending all in one place.
PNC Bank also offers mobile banking services, allowing businesses to manage their finances. The mobile app can access account balances, transaction history, and fund transfers.
Why we chose it: PNC Bank for its wide range of flexible account options, including Virtual Wallet, and its convenient mobile banking services.
- Flexible account options, including Virtual Wallet
- Easy-to-use mobile app with convenient banking features
- Remote deposit capture and bill pay services are available
- A comprehensive selection of financial solutions, including business loans and lines of credit
- Branches are not widespread
Recommended Bank Account for Businesses in Raleigh
Our top picks for the best bank for Businesses in Raleigh include BB&T, Wells Fargo, First Citizens Bank, and PNC Bank. These banks offer free transactions, business support, unlimited deposits and withdrawals, and freebies.
They also provide modern banking tools and reliable customer service, which can help your business achieve its financial goals. Whether you need a basic checking account or a more complex financial solution, these banks have you covered.
