{"id":4642,"date":"2025-02-13T13:37:44","date_gmt":"2025-02-13T18:37:44","guid":{"rendered":"https:\/\/www.northone.com\/blog\/?p=4642"},"modified":"2025-02-13T13:40:15","modified_gmt":"2025-02-13T18:40:15","slug":"truist-business-checking-review","status":"publish","type":"post","link":"https:\/\/www.northone.com\/blog\/business-banking\/truist-business-checking-review","title":{"rendered":"Truist Business Checking Review 2025"},"content":{"rendered":"\n

Is Truist business checking<\/a> right for your small business? It\u2019s an important question to research\u2014after all, the right business checking account can make a significant difference in your company\u2019s financial operations and bottom line.\u00a0<\/p>\n\n\n\n

Truist offers three business checking accounts designed to accommodate different business needs, from startups to nonprofits and growing companies. While it provides flexible options like no monthly fees for entry-level accounts and tiered rewards for higher balances, restrictive transaction limits and excess fees may impact businesses with higher activity. For those needing fewer restrictions and lower fees, digital-first alternatives like North One may offer greater flexibility and cost savings.<\/p>\n\n\n\n

<\/span>About Truist Business Checking<\/strong><\/span><\/h2>\n\n\n\n

Formed from the merger of SunTrust Bank and BB&T, Truist<\/a> has established itself as a major player in business banking<\/a>. With its extensive network of 1,900 branches and 2,900 ATMs spread across 17 states and D.C., it\u2019s particularly well-positioned to serve businesses in the Southeast and Mid-Atlantic regions. Whether you prefer traditional face-to-face banking or digital solutions, Truist aims to deliver both.<\/p>\n\n\n\n

For small businesses just starting out, Truist\u2019s Simple Business Checking offers a no-monthly-fee option ideal for those with minimal monthly transactions. It\u2019s a great entry-level choice for newer companies. As your business grows, you might consider stepping up to Dynamic Business Checking, which comes with a $20 monthly fee that’s waivable with a $5,000 average combined balance. This account offers higher transaction and cash deposit limits, along with rewards and additional features to support your business\u2019s growth.<\/p>\n\n\n\n

Truist also has a specialty Community Business Checking account for nonprofits. This specialized account comes with no monthly fees, generous transaction limits and unlimited cash deposits.<\/p>\n\n\n\n

When considering Truist for your business banking needs, there are a few important factors to weigh. The bank\u2019s extensive branch network and dedicated nonprofit options are significant advantages, particularly if you value face-to-face banking relationships. However, be aware of transaction limits and additional fees for services like ACH transfers<\/a> and QuickBooks integration. Out-of-network ATM fees can also add up over time.<\/p>\n\n\n\n

For businesses within Truist\u2019s service area, who fit within the transaction limits, these accounts are solid options. However, if you\u2019re running a primarily digital operation or need high transaction flexibility, you might want to explore other options. <\/p>\n\n\n\n

<\/span>Truist Business Checking Features and Pricing<\/strong><\/span><\/h2>\n\n\n\n

Truist offers three business checking accounts. Each account comes with specific features, transaction limits and pricing structures:<\/p>\n\n\n\n

<\/span>Truist Simple Business Checking<\/strong><\/span><\/h3>\n\n\n\n

This account type is geared toward small businesses or startups with low transaction volumes and minimal cash deposit needs.<\/p>\n\n\n\n