Business Accounts
Business Checking
Maintain a minimum daily balance of just $1,000 and pay no monthly maintenance service charges, regardless of the number of checks or deposits you have.
Business Interest Checking
This checking account is for Sole Proprietorships and Non-Profit Organizations only. Maintain a minimum daily balance of just $1,000 and pay no monthly maintenance service charge while you earn interest, compounded daily, on your account. We use the daily balance method to calculate interest on your business checking account. This method applies a daily periodic rate to the principal in the account each day. To view the current rates, click here.
Business Money Market
Pay no monthly maintenance service charges and earn interest when your company maintains a minimum daily balance of $1,000. This tiered rate account pays an increasing rate of interest as your company's balance increases, permitting us to pay the highest yield possible. You may have up to six preauthorized transfers including: automatic, computer, and Automated Clearing House (ACH) per month, of which no more than three can be made by check, debit card, draft, or similar order. We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Remote Deposit Capture
Make the closest branch inside your office! STAR Deposit allows you to deposit checks right from your desk, without driving to the bank! How it works: STAR Deposit is a small electronic device that scans images of any paper checks you receive and electronically transmits those images to Allegiance Bank’s data center. The checks are deposited the same day, when scanned by 2PM and the next day, when scanned after 2PM.
Escrow Management Accounts
This account combines separate escrow account funds into a single "master" account.
Separate account records are maintained for each sub-account
and you are provided with a comprehensive statement each month.
Costly paperwork is reduced and a clear audit trail is maintained.
Deposits are FDIC insured. Allegiance Bank will mail each customer
a 1099 form and handle all required IRS reporting for you.
Merchant Deposit Accounts
Merchant depository services are available to assist you in the processing of your credit card sales transactions. Please see your Personal Banker with any questions, for the detail Terms and Conditions of your account.
Business Master Money™ Debit Card
With your Allegiance Bank Business Master Money™ Debit Card, you can make withdrawals and purchases anywhere STAR or MasterCard is accepted, as well as deposits at most STAR machines. Your transactions are posted to your checking account and are detailed on your monthly statement.
Free Online Banking
Offering all the same advantages as Personal Internet Banking, your visit to AllegBank.Com through your personal computer and Internet connection allows for 24 hour banking from your home or business, access to account information and the capability to transfer funds between Allegiance Bank accounts. Additional functionality is available to assist you in the management of your business. See your Personal Banker for more details.
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