Credit unions are not-for-profit entities. In summary, Chase takes the top spot because it offers everything your business might need, lots of locations, and options to dodge monthly service fees. This requires you to join the credit union yourself as an individual first. A savings account can boost your business credit, earn interest, and help you maintain minimum balance requirements. Business bank accounts usually allow a limited number of transactions before the bank charges additional fees. Here is a list of our partners and here's how we make money. You do not need a separate business account if you are operating your business under your own name. These bankers review your business finances inside and out to help you better understand them and achieve best small business success. But you may pay more to get many of those services from Wells Fargo than some companies that specialize in those various services. But it does offer interest, currently 0. Combine the balances of your business loans, savings, and money market accounts to help waive monthly maintenance fees. The account includes up to 50 free items per month, so it is not ideal for the busiest businesses with a huge number of transactions or a smaller business that keeps a low daily balance. Chase is also a great bank best small bank for small business account business credit cards. However, often account holders are required to keep a minimum daily or monthly balance, or can only make a limited number of transactions to avoid incurring a fee.