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Paradise Bank
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Business Accounts

Our Business Accounts


Account Plans Min. Deposit to Open Min. Daily Balance to Avoid Ser. Charge Service Charge (1) Interest Bearing
Small Business Checking $100 $2,500 $12 (1) No
Commercial Checking $100 N/A $15(2) No
Business NOW Checking $100 $1,500 $10(1) Yes
IOTA Accounts $100 NONE N/A YES- paid to the Florida Bar Foundation

Small Business Checking

  • First 200 withdrawals (checks & debits) per statement cycle are free.
  • Each additional incurs a per item fee of $0.25.
  • Free online banking
  • Cash Management services available for this account
  • Free mobile banking with Paradise Plu$ app
  • Bill Pay Available

Commercial Checking

  • A good account if you have a high volume of transactions each month, but don’t want to pay the high fees usually associated with this.
  • $15.00 monthly service charge plus costs based on activity
  • We give you credit for your balances to offset some – or even eliminate all – of your service charges and activity fees.
  • Free online banking
  • Cash Management services available for this account
  • Free mobile banking with Paradise Plu$ app
  • Bill Pay Available

Business Now Checking

  • Interest bearing account available to qualified entities such as sole proprietors, nonprofit organizations and governmental units.
  • Unlimited check writing
  • Free Online Banking
  • Cash Management services available for this account
  • Free mobile banking with Paradise Plu$ app
  • Bill Pay Available

IOTA Accounts

  • Interest on Trust Accounts (IOTA) are available to Lawyers and Law Firms
  • $100 minimum deposit to open account
  • No minimum balance requirements

  • (1) Imposed if balance falls below stated minimum any day of the statement cycle.
    (2) Assessed per statement cycle, but may be offset by credit for balances
    All accounts above offer convenient ways to access your money!
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