For Profit Business Checking Accounts

There are several different types of For Profit Business Checking accounts available at Home Federal. Each account is carefully crafted in order to ensure that we have a business checking solution that meets the needs of everyone from local business owners to larger corporations.

For Profit Business Checking accounts include:

Basic Business Checking 

This fundamental account features all of the basic features required to do business banking. There is no minimum daily balance, and you are allowed up to 100 transaction items per month at no charge. Transactions may include checks, deposits, and electronic debits and/or credits. Any transaction items over the 100th transaction item will cost $0.25 each.

Business Advantage Checking

The Business Advantage Checking is an amped up version of our Basic Business Checking. There is a $20 monthly fee that may be waived with a $20,000.00 minimum daily balance. You are allowed up to 300 transaction items per month at no charge. Transactions may include checks, deposits, and electronic debits and/or credits. Any transaction items over the 300th transaction item will cost $0.50 each. Business Advantage Checking clients receive free eStatements. (Paper tatement option is $5.00 per month).

Business Checking

This top tier business account offers unlimited deposit and check writing, and the ability to offset activity charges with maintained balances. Examples of fees that may be offset by maintained balances include monthly maintenance, checks or debits, deposits, deposit items, and electronic debits and/or credits.

Home Federal also offers Interest on Lawyer Trust Accounts (IOLTA) and Interest Bearing Real Estate Trust Accounts (IRETA) for qualified businesses.

For more information about, or to apply for a For Profit Business Checking account, please contact one of our local business banking experts.


Other types of Business Checking accounts: