We love to help businesses grow to their full potential. This interest-bearing account is designed to do just that with no minimum balance requirement to earn interest and free online services — plus unlimited monthly transactions. Easily turn around and offset your monthly fee by maintaining a manageable $1,000 minimum daily balance.
All Sonabank business account holders will be required, due to regulatory reasons, to provide us with certain information on its Beneficial Owners.
This information must be provided on Sonabank's Beneficial Owner Form before a new account can be opened, or any changes can be made to an existing account.
To protect you from unexpected overdrafts, we offer CheckGuard on all Sonabank checking accounts. This service allows you to overdraw your account in order to pay for transactions, including:
APY=Annual Percentage Yield
