Small Business Checking Accounts

Best for clients who want
A simple checking account for small businesses with a low minimum monthly balance requirement and moderate monthly transaction volumes.

Account Earns Interest
No

Account Maintenance Fees
No fee with monthly average ledger balance of $2,500, or $10 per month.

First 500 transactions included, $0.50 per transaction over 500.

Best for clients who want
A relationship-based checking account that refunds up to $25 in foreign ATM fees and provides incentives for business owners and executives who maintain business and personal checking accounts at CIBC.

Account Earns Interest
No

Account Maintenance Fees
No fee with $10,000 monthly or $25,000 combined daily balance for select business and personal accounts, or $25 per month.

Best for clients who want
A checking account for businesses with high monthly transaction volumes and more complex financial needs. Treasury Management services, such as lockbox, positive pay and more, to help meet those complex needs.   

Account Earns Interest
No

Account Maintenance Fees
Varies depending on services utilized and transaction type.

Best for clients who want
A checking account designed for the special needs of nonprofit organizations with low transaction volumes.

Account Earns Interest
No

Account Maintenance Fees
No fee with a monthly average collected balance of $1,000, or $5 per month.

First 500 transactions included, $0.50 per transaction over 500.