Commerce Operating
No monthly fee
250 free items per month, then 28¢ each
- Unlimited electronic credits and debits
- Up to four signers at no charge
- Same-day internal sweeps to Reserve
Business banking
We have financed the shop two doors down from yours
Dairy operations, dental practices, breweries, a bookshop on Buffalo Street. Credit decisions are made in Ithaca by people who will still be servicing the loan in year seven.
Operating accounts
Three structures, no packages to decode
Business applications are opened with a banker so signers, resolutions and beneficial-ownership records are right the first time.
Commerce Reserve
4.05% APY
Interest-bearing, $5,000 to open
- Tiered yield above $250,000
- Automatic target-balance sweeps
- Two free outbound wires per month
Escrow & Trust
By arrangement
For attorneys, agents and fiduciaries
- Sub-accounting by matter or property
- IOLTA-compatible reporting
- Dedicated reconciliation contact
Treasury services
Everything that happens after the sale
Payroll that clears locally
ACH origination with same-day settlement windows and a limit reviewed by an underwriter, not a formula.
Merchant deposits
Card settlement lands next business day. Remote deposit capture for cheque-heavy counters.
Books that reconcile
CSV exports carry the reference, counterparty and running balance for every posting — importable into any ledger.
Dual control on outbound money
Wires and ACH batches above your threshold require a second approver plus a check at our operations desk.
Equipment and working capital
Term loans from $25,000, lines of credit to $2M, and SBA 7(a) participation through our commercial desk.
One banker, by name
Relationships above $250,000 get a named commercial banker and a direct line that is not a queue.
What you will need
Documents for a business application
Bring these and an account can normally be opened in a single visit or one call.
- 1Formation documents — articles, operating agreement or partnership agreement
- 2EIN confirmation letter from the IRS
- 3Government photo identification for every signer and 25%+ owner
- 4A corporate resolution or consent naming who may transact
- 5Most recent two years of business tax returns, for credit requests
The commercial desk
Ask for commercial banking and you will reach an underwriter, not an intake script.
- Telephone
- +1 (607) 800 4495
- Wire instructions
- ABA 062094719 · SWIFT HTBKUS33
- Hours
- Mon–Fri 7am–9pm ET · Sat 8am–5pm ET