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Commercial Checking
Commercial Checking

Meeting the unique demands of high-volume businesses

Designed for larger businesses with high-volume transactions, our commercial checking products offer earnings credits and more benefits to help manage money more effectively.

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    866-542-8788

    Product details

    Tailored to your business needs

    • Ideal solutions for large businesses with high balances
    • No minimum deposit required to open
    • Low monthly fee1
    • Competitive earnings credits to offset monthly service charges
    • Empower your banking with sophisticated treasury management tools, allowing you to:
      • Save time and money
      • Track funds more efficiently
      • Accelerate processing
      • Move money easily and securely

    With every account, you get:

    • Products and services designed to meet the growing and changing needs of a large business
    • Personalized attention and dedicated customer service to help meet all your goals
    • FDIC insurance

    Reciprocal Deposit (Savings) Program

    Giving businesses peace of mind with FDIC insurance on deposits over $250,000

    Our Reciprocal Deposit Program gives you the convenience of working with a single bank while enjoying the peace of mind of full FDIC insurance for balances over $250,000. It's a smart way for businesses to invest larger sums of money.

    Through CDARS (Certificate Deposit Account Registry Service), large deposits are broken into smaller deposits and placed at other member banks. This allows your entire investment to be eligible for full FDIC insurance coverage. 

    • Choose your investments - CDs, deposit accounts or money market accounts
    • Keep all of your funds working and insured with Insured Cash Sweep (ICS) service
    • Negotiate one rate on CD investments
    • Get access to full FDIC insurance on your total investment
    • Have all your accounts managed under one roof
    • Receive the high level of service and attention you expect from Amalgamated Bank

     

     

    1 Fees may apply and vary depending on business pricing package.

    Putting our mission into action

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    Officially one year into the COVID-19 pandemic and erratic state-by-state lockdowns, we continue to question what a “new normal” will look like for our country. We know that a return to old ways of doing business isn’t viable for the health of our planet and communities and that we have a responsibility to radically reimagine how we do business. 

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    Today, Amalgamated Bank announced its endorsement of HR 40, which is calling upon the Federal Government to form a Commission to explore reparations for African Americans. As of now, we are the first major U.S. bank to endorse HR 40, but are hopeful we are not the last.

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    Amalgamated Bank was founded almost 100 years ago to create a diverse, inclusive, and egalitarian community for labor workers. These tenets of our founding are elevated again today as we proudly announce that the Human Rights Campaign Corporate Equality Index (HRC CEI) has designated Amalgamated Bank “One of the Best Places to Work” in 2021.