Top banks for checking accounts offer low fees, strong customer support, and convenient access to free ATMs. Some even provide rewards or interest on your balance.
Additionally, checking accounts are federally insured—banks are covered by the Federal Deposit Insurance Corp. (FDIC), while credit unions are protected by the National Credit Union Administration (NCUA). This insurance safeguards up to $250,000 per depositor, per institution, per account ownership category.
Business owners prefer to concentrate on running their businesses rather than worrying about where to bank, making it essential to choose the right business checking account. Many prioritize easy access to their funds without incurring excessive bank fees.