Business Checking Accounts

Home Town Business Checking

  • Unlimited Monthly Transactions
  • $5 Monthly Service Charge 1
  • Free ATM/Debit Cards*
  • Low Minimum Opening Deposit
  • Free Automatic Transfers Between Accounts
  • Upgraded Online Banking2 Tiers
    Basic OR Advanced – Control, Convenience & Secure

Basic Business Online Banking

  • Transfer Funds between internal accounts
  • View monthly statements and check images
  • Request stop payments (standard per transaction fee applies)
  • Mobile deposit

Advanced Business Online Banking Same capabilities as Basic AND

  • Ability to enroll multiple users per business
  • ACH origination including payroll, collections, transfers and more!
  • Request Wire Transfers (standard per transaction fee applies)
Business Online Banking services are compatible with Quicken© and QuickBooks©

Cash Management Account

Combines business checking with an investment account paying market-rate interest. Funds are automatically transferred from your investment account to your business checking account as needed. Interest is earned until funds are used for operating expenses.

Business Overdraft Line of Credit

  • Easy access
  • Lines from $1,000 to $10,000
  • No annual fees
  • Fixed annual percentage rate of 14.9%
  • Unsecured


Address the unique needs of your commercial customers through a diverse portfolio of products and services, including credit and debit processing, gift and prepaid card products, data security solutions, electronic check services, mobile payment acceptance and mobile point-of-sales solutions.  Discuss your needs with your local branch for more information.

Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006:

The UIGEA, signed into law in 2006, prohibits any person engaged in the business of betting or wagering (as defined in the Act) from knowingly accepting payments in connection with the participation of another person in unlawful internet gambling. The Department of Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this Act.

As defined in Regulation GG, unlawful Internet gambling means to "place, receive, or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received, or otherwise made".

As a commercial customer of Trustco Bank, these restricted transactions are prohibited from being processed through your account or banking relationship with us.

FinCEN's Beneficial Ownership Rule:

Beneficial owners must be identified for all new non-personal accounts (including those for existing customers). Each form should have one "Controller" and up to four "Equity Owners" (people with 25% or more interest).

  • Only a "Controller" needs to be identified if the entity is a non-profit.
  • The following common entity types are completely exempt from this rule:publicly-traded companies, unincorporated associations, sole proprietorships, and government agencies. Other exemptions exist, if the customer indicates they are exempt the branch opening an account must obtain an explanation as to why they're exempt, to be approved by the BSA Department.

*Initial debit card supplied at no cost. A fee may apply for replacement cards. (1)$5 monthly service charge is waived if there is a reoccurring direct deposit of your merchant services OR a monthly average collected balance of $500.00. (2) All Business customers who meet our deposit account opening requirements are eligible for this service. Exceptions may apply. New customers requesting Advanced Business Online Banking will need to establish and maintain a relationship for at least 30 days before applying. Associated fees for Advanced Business Online banking are listed in our Schedule of Service Charges. Please note: We reserve the right to alter or withdraw these products or certain features thereof without prior notice.