Do you know any banks that do not charge monthly fees for not meeting minimum balance requirements for a small business account? Or a recommendation of a good small business bank, period?

Sovereign Bank had Free Business Checking a few years back… I’m not sure if they still do. Have you done a web search for “free business checking”?

Try credit unions. Washington Mutual has free business checking also.

My pick would be WAMU as well. My sister gives it a glowing business recommendation; they also (off point) hold my mortgage. No problems at all.

If you’re in the UK, HSBC are amazingly helpful.

What ever you do DO NOT go through Bank of America!

regions

If you would indicate, either in the question or in your profile, in what state you are located,, you might get a better and more specific answer.

I have worked with several banks in my current place of residence and in an adjacent state but to just throw out a bank name from maybe, Delaware, when you are in Idaho is just a waste of everyone’s time.

SRM

SRmorgan – I am in New York state (New York City to be exact)

I agree, go with a credit union…they’re more apt to give you interest on your account. It’s not much, my business account with Navy Federal went from .5% down to .35%, and that’s kind of crappy, but it’s better than BOA.

Here in Canada we have a major banking company, CIBC, who partnered up with one of the biggest grocery and wares chains, Loblaws, to create PC Financial banking services. Their whole goal is to not charge fees, and they do this well. They carry this motto through to their PC Mobile pay-as-you-go cellphone service as well. I’ve been using them for years now and I love them!