Business Checking

Business Checking

Malvern Federal offers several different business checking accounts, each offering a wide variety of features. They've been designed to meet the needs of today's businesses.

Review the details of each account to decide which best serves your needs.

Visit any Malvern Federal Savings Bank Financial Center to learn more and to open your account today. It’s quick and easy.

All accounts are FDIC insured.

 


Free Business Checking

  • First 500 deposits, deposited items and checks paid free of charge, $0.25 each additional items.
  • No minimum balance requirement.
  • Check images available.
  • Free Basic Internet Banking and Bill Pay Available (single user and single EIN).
  • Ca$h Management Services available.
  • Remote Deposit Capture available.
  • Single Debit Card available at no charge (additional cards also available, $10.00 each).

 


Premier Rewards Business Checking

  • No ATM fees, worldwide!
  • $2,500 average monthly balance required to earn interest.*
  • Tiered interest rates - the more on deposit the more you will earn!
  • FREE Checks.
  • Unlimited check writing - no per check charge!
  • STAR® ATM or Visa® Debit Cards available - FREE.
  • Free Basic Internet Banking and Bill Pay Available (single user and single EIN).
  • Ca$h Management Services available.
  • Remote Deposit Capture available.
  • Eligible for Premier Rewards Business Money Market.

Additional Rewards:

  • FREE check images.
  • FREE safe deposit box rental.

All accounts subject to approval. Certain services require separate applications. Worldwide ATM rebate does not include international VISA® or American Express® network charges. Select safe deposit boxes are free where available. See any Financial Center Banker for more details and to apply.
* Low balance fee of $10.00 applies for average monthly balances below $2,500.00.

 


Ultimate Business Checking

  • Unlimited deposits, deposited items and checks paid.
  • $10,000.00 minimum average monthly balance required.
    • ($25.00 per month fee for falling below minimum).
  • Check images available ($5.00 per month).
  • Free Basic Internet Banking and Bill Pay (single user and single EIN).
  • Ca$h Management Services available.
  • Remote Deposit Capture available.
  • Single Debit Card available (additional cards also available, $10.00 each).

 


Free Business Checking with Interest

  • First 200 deposits, deposited items and checks paid free of charge, $0.25 each additional item.
  • No minimum balance requirement.
  • Check images available ($5.00 per month).
  • Free Basic Internet Banking and Bill Pay (single user and single EIN).
  • Interest paid on balances up to $25,000.
  • Ca$h Management Services available.
  • Remote Deposit Capture available.
  • Single Debit Card available at no charge (additional cards also available, $10.00 each).

 


Non-Profit Checking

  • Unlimited deposits, deposited items and checks paid.
  • No minimum balance required.
  • Check images available ($5.00 per month).
  • Interest paid on all balances up to $25,000.
  • Free Basic Internet Banking and Bill Pay available (single user and single EIN).
  • Ca$h Management Services available.
  • Remote Deposit Capture available.
  • Single Debit Card available at no charge (additional cards also available, $10.00 additional).