What is Nonprofit Business Checking?

Ideal for your unique banking needs, this business checking account offers no monthly maintenance or balance fees with a minimum $100 opening balance1.

Nonprofit Checking Features

  • 1800 free transactions annually2
  • $30,000 free cash deposits or 300 free cash transaction, whichever comes first, annually3
  • Option to earn interest (today’s rates4)
  • Conveniently access your funds with a U.S. Bank Business Debit Card

All non-profit checking accounts include:

Additional non-profit checking account options:

Open a Nonprofit Checking account online

Have these documents ready:

Your Employer Identification Number (EIN) or tax ID number

A charter, Articles of Organization, or a similar legal document showing when your company was formed and the officers of your organization

Government-issued photo ID and Social Security numbers for anyone authorized to make transactions on behalf of your organization

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Disclosures

Other conditions and restrictions may apply. Terms may change without notice.

Deposit products are offered by U.S. Bank National Association. Member FDIC.

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  1. For additional information call 855-955-2760 or visit your local branch for a copy of Business Pricing Information disclosure or refer to Your Deposit Account Agreement (YDAA).

  2. Transactions are $0.50 each once free transactions are surpassed. A Transaction includes deposits and other credits, checks paid and other debits. ACH and deposited items, and signature and PIN-based purchases made with a U.S. Bank Business Debit Card. The U.S. Bank Business Debit Card is issued by U.S. Bank National Association, pursuant to a license from Visa U.S.A. Inc.

  3. $30,000 of free cash deposits or 300 free cash transactions, whichever comes first, annually. Cash deposit units are calculated by dividing each cash deposit amount by 100 and rounding the resulting value to a whole number. To determine rounding, less than $.50/$50 is rounded down and more than or equal to $.50/$50 is rounded up. Any deposit less than $150 equals one unit. Cash unit allowance applicable to all cash deposits in branch and through U.S. Bank partner ATMs, cash unit allowance not applicable to Cash Vault product. After annual free units the fee is $0.33 per unit.

  4. Interest rates subject to change without notice.

  5. Subject to credit approval. Other fees may apply. Please see a banker for details. Lines of credit, including business credit cards, are offered by U.S. Bank National Association.