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Business Deposit

Business Checking, Money Market, Savings, and CD

Innovative Banking for Modern Businesses

Tailored deposit solutions for your business.

Q: 1. How do I open a New Omni Bank business deposit account?

Please call us at 626-284-5555 or visit a nearby branch office to open an account.

Catering to businesses from startups to established corporations, our exclusive suite of business deposit accounts is meticulously crafted to meet your unique operational needs and financial goals.

Compare Business Deposit Accounts

Entrepreneur Membership

Ideal To: Support your most common banking needs

Features

Online Banking Account Access: Single User

Mobile Deposit: Yes

Bill Pay: Yes

Account Reporting: Yes

Cash Flow Forecast: —

Account Alerts: Yes

FDIC Insurance Coverage: Up to $250,000 for each account ownership category

Learn More >

Elite Membership

Ideal To: Support higher transaction volumes and provide more sophisticated services

Features

Online Banking Account Access: Multi-User

Mobile Deposit: Yes

Bill Pay: Yes

Account Reporting: Yes

Cash Flow Forecast: Yes

Account Alerts: Yes

FDIC Insurance Coverage: Up to $250,000 for each account ownership category

Learn More >

Membership Money Market

Ideal To: Grow idle cash with tiered interest rates, meaning higher rates with higher balances

Features

Online Banking Account Access: Multi-User

Mobile Deposit: Yes

Bill Pay: Not applicable

Account Reporting: Yes

Cash Flow Forecast: —

Account Alerts: Yes

FDIC Insurance Coverage: Up to $250,000 for each account ownership category

Learn More >

Membership Savings

Ideal To: Enjoy high interest rates while maintaining liquidity by tucking away idle funds from the linked Entrepreneur Membership or Elite Membership account

Features

Online Banking Account Access: Multi-User, when you also have an Elite Membership account

Mobile Deposit: —

Bill Pay: —

Account Reporting: Yes

Cash Flow Forecast: —

Account Alerts: Yes

FDIC Insurance Coverage: Up to $250,000 for each account ownership category

Learn More >

Business CD

Ideal To: A higher return on your excessive reserve. Available in seven terms, from three to 36 months

Features

Online Banking Account Access: Single Use

Mobile Deposit: —

Bill Pay: —

Account Reporting: —

Cash Flow Forecast: —

Account Alerts: —

FDIC Insurance Coverage: Up to $250,000 for each account ownership category

Learn More >

Entrepreneur Membership

Elite Membership

Membership Money Market

Membership Savings

Business CD

Ideal To

Support your most common banking needs

Support higher transaction volumes and provide more sophisticated services

Grow idle cash with tiered interest rates, meaning higher rates with higher balances

Enjoy high interest rates while maintaining liquidity by tucking away idle funds from the linked Entrepreneur Membership or Elite Membership account

A higher return on your excessive reserve. Available in seven terms, from three to 36 months

Interest-Bearing¹

Yes

Yes²

Minimum to Open

$5,000

$10,000

$2,500

$10,000

Monthly Membership Fee

$40 (Waivable)^3,5

$50 (Waivable)^3,5,6

$40 (Waivable)^5,6

None

Transaction Fee

$0.10 per debit items

Not applicable

Features

Online Banking Account Access

Single User

Multi-User

Multi-User, when you also have an Elite Membership account

Single User

Mobile Deposit

Yes

Bill Pay

Yes

Account Reporting

Yes

Cash Flow Forecast

Yes

Account Alerts

Yes

FDIC Insurance Coverage

Up to $250,000 for each account ownership category

Learn More >

Features & Benefits

Transform Your Business Banking Experience

With New Omni Bank, your business gains more than just an account. We’re a partner dedicated to your financial growth. Discover how our tailored solutions can benefit your business.

Frequently Asked Questions

1. How do I open a New Omni Bank business deposit account?

Please call us at 626-284-5555 or visit a nearby branch office to open an account.

2. How can I decide which business account is right for my company?

Choosing the right business account depends on your company’s size, transaction volume, and specific financial needs. To determine the best fit for your business:

Access your needs: Consider your average monthly transactions, cash deposit needs, and whether you require special services like wire transfers or remote deposit capture.
Compare Accounts: Review our account options to find one that aligns with your transaction volume and banking needs. Pay attention to features like minimum balance requirements, monthly fees, and interest rates.
Consult with Us: For personalized advice, contact us at 626-284-5555, visit a branch, or fill in the contact form below. Our business banking specialists can help you assess your needs and recommend the most suitable account.

3. What do I need to open a new business deposit account?

The requirements may vary, depending on the type of account you want to open and the structure of your business. But in general, the following documents (if applicable) are required:

The address and phone number of your company
The name(s) of the people who will be listed as account owners
Personal identification such as your driver’s license
Documentation that proves the existence of the business. Documents that qualify include:
- A federal tax ID number for the business, also known as an employer identification number
- Your Social Security number if you are a sole proprietor
- State or local authority documents that show you’ve formed a legal entity, such as a limited liability company (LLC)
The minimum deposit funds.

Please call us at 626-284-5555 or visit a nearby branch office for more information.

4. Can I reorder my business checks online?

Yes, you can reorder your business checks directly through our online banking platform (Go to “Check Reorder” under “Account Services” in the top menu) or by contacting us a t 626-284-5555.

5. Why do I need a business account, instead of using my personal account?

A business account separates your personal and business finances, crucial for tax reporting, financial management, and legal protection. For more information, read this article.

Refer to Treasury Management Services Master Agreement and its related service descriptions for Business Online Banking, Funds Transfer Service, ACH Origination, Remote Deposit Capture, and Check/ACH Positive Pay for details.