The Resource For Business Needs

The PrivateBank delivers unparalleled service to business clients. Our mission is to do all we can to contribute to our clients' business success. We offer commercial accounts to meet the varying needs of all types of businesses. Contact your PrivateBanker for complete information on the commercial services listed below. Select a link from above to review account information. If you would like more details or to open an account, please contact a PrivateBanker.

Commercial Checking Account

The PrivateBank's traditional commercial Checking Account is an essential service for many businesses. Earnings credit is based on the 90-day T-Bill and all accounts are analyzed so that clients have access to an accurate account of your activity flow.

Commercial Money Market Account

An excellent account for practically every business, The PrivateBank Commercial Money Market allows businesses to earn money on their money.

Interest is accrued daily when the collected account balance is $2,500 or greater. Nominal fees apply to accounts of less than $2,000. Up to six transfers may be allowed at no charge during each statement period, three of which may be made by check.

Investment Reserve Account

Not only will your business enjoy earning one of the best interest rates around on premium money market funds, but you will not have to sacrifice liquidity. The PrivateBank Investment Reserve Account offers high-performance interest with total access to your funds. Six transfers or withdrawals may be made during each statement period. This account requires a minimum opening balance of $50,000 and a current PrivateBank Checking or a NOW Account.

Small Business Checking Account

The PrivateBank Small Business Account is a cost-effective approach designed especially for businesses or organizations that write fewer than 50 checks per month.

An average collected balance of $5,000 must be maintained or nominal fees will apply.

Commercial Savings

This traditional account is well-suited for clients wishing to earn interest on smaller investments. The business must currently have an active Private Bank Checking Account, NOW Account or Money Market Account in order to open a Commercial Savings Account.

Commercial NOW Checking

This interest-bearing checking account is well-suited for specific types of PrivateBank business clients. The amount of interest earned is based on the balance of the account according to the various tiers. The higher the balance, the more interest the account earns.