NON-PROFIT BUSINESS CHECKING
Checking designed by a non-profit for non-profits
NON-PROFIT BUSINESS CHECKING
Checking designed by a non-profit for non-profits
For qualifying non-profit organizations with a low volume of monthly transactions
Open your Non-Profit Checking Account with us and easily manage your organization’s finances! Kickstart your account with a complimentary first order of checks. Enjoy your first 100 transactions fee-free, with a low $0.10 per transaction for each one over 100 every month. As long as you keep an average daily balance of $500 or more, the $5.00 monthly fee is waived. It’s all about supporting your cause without hefty fees weighing you down.
Ready to open a Business Savings Account, check out the links below for everything you’ll need to get started:
Starting a non-profit? Consider the following.
Are you thinking about starting a non-profit business? There are a number of reasons why this type of company is uniquely qualified to help you accomplish your goals. However, before you get started, it’s important that you understand the following tips to set up your non-profit for success.
1. Begin with a business plan.
Even if you’re intimately aware of the field your business is in and have years of experience, it’s paramount that you have a plan for moving forward. Keep in mind that this is something you can always adjust in the future, but you want a basic road map for success before you start getting busy.
2. How much can you do on your own?
Once you understand what it will take in terms of sales, marketing, managing cash flow, etc., it’s time to consider how much of this you can do on your own. While many small business owners are usually their own sole employees during the first year or two, it would be wise to find people who can help you in key areas where you lack qualifications. Bringing them on for contract work will get you the services your non-profit business needs without unnecessary costs.
3. Watch the overhead
Given the unique features of this kind of organization, you really need to pay attention to your overhead. One way to do this is with a non-profit checking account. It will give you the spending power you need, minus unnecessary fees. Review your expenses once a month to look for other ways you can preserve more of your revenues.
Frequently Asked Questions
Once all required documentation and signatures are gathered a Business Account can be opened in less than two business days, and often the same day.
To order your first set of checks, call (210) 561-4500 or visit any branch. For any recurring check orders, go to Main Street.
You’ll need the following information for online orders:
- Your account number
- Your routing number: 314088860
- Your control number
- The check number you would like your new book of checks to start with
Not sure what style of check you want? Take a look at Main Street’s catalog of check options.
Only authorized signers are able to complete transactions. However, anyone can make a deposit into the account and we will never divulge any information (e.g., account balance or recent transactions).
Please contact your Financial Services Officer for assistance with your Non-Profit Checking Account.
