Business Checking
We treat your business like it’s our own.
Relationship-Based Accounts
Build a business banking relationship that will guide you through the lifecycle of your business. From business checking to loans and more, Malaga Bank is here for all of your business banking needs.
Business Debit Cards
All business and non-profit checking accounts come with a business debit card. Conveniently pay for business expenses and supplies online or in person. You can use mobile banking to track debit card transactions.
Online Business Banking
Streamline your business finances with online banking and the Malaga mobile app. With 24/7 digital access to your business bank accounts, you can transfer funds, track CD balances, make loan payments, and more. Online Business Banking is safe, secure, and convenient.
Locations Near You
We have five branch locations, a business development office, and a real estate loan center all conveniently located for your South Bay business. Visit us in Palos Verdes Estates, Rolling Hills Estates, Torrance, or San Pedro to discuss your business banking needs and find the right business checking account for you.
Our business checking accounts are designed for local businesses. With nearly 40 years of success assisting businesses in the South Bay, you can trust us to meet your financial needs. To open a new business or nonprofit checking account, visit one of our branches or complete our online form.
| Business Checking Plus | Business Checking | Community Checking | Analyzed Business Checking | Client Trust Accounts | |
|---|---|---|---|---|---|
| For | Sole Proprietors | Corporations, LLC, LLP, LP | Non-profit Organizations/ Corporations | All Businesses | IOLTA for Attorneys Only |
| Min to Open | $100 | $500 | $100 | $500 | $100 |
| Check Writing | Up to 50 checks. $0.25 each additional check | 25 deposits included and/or up to 100 checks. $0.25 each additional item | Unlimited | Check writing available | Unlimited |
| Monthly Fees | $10 monthly service fee if balance falls below $1,000 during the statement period | $15 monthly service fee if balance falls below $3,000 during the statement period | No monthly service fee | Monthly Service Fee: $20 per account analyzed | $10 monthly service fee if balance falls below $1,000 during the statement period |
| Interest | Yes | - | Yes | - | Yes |
| Additional Features | Electronic Deposit for Business(1) | Electronic Deposit for Business(1) | Electronic Deposit for Business(1) | Electronic Deposit for Business(1) |
Service charge is done through quarterly analysis. Interest, minus permissible fees, is paid to the state program. Attorneys are responsible for fees that the state program does not permit to be paid from the interest. |
Our checking accounts offer a Business Debit card(2) , E-Statements, Online Banking with Bill Pay, Mobile Banking and Mobile Deposit.
1 Ask about pricing.
2 Business Debit Card not offered with Client Trust Accounts.