Choosing the right business account depends on your business’s size, transaction volume, and financial needs. Start by considering how often you’ll deposit checks or cash, write checks, or make electronic payments. A basic business checking account may be ideal for startups or sole proprietors, while growing businesses might benefit from accounts with added features like online bill pay, merchant services to accept payments and cash management. If you’re unsure, our business banking team is here to help you compare options and find the best fit. Visit your local branch or contact our Cash Management team for an introductory meeting.

To open a business account, you can simply visit one of our branches. You’ll need a valid photo ID, your IRS LETTER FOR EIN (or SSN for sole proprietors), and formation documents like Articles of Incorporation or a Partnership Agreement.

Switching is easy. Open your new business account at Queensborough, move your deposits and payments over, transfer your funds, and then close your old account. Need help? Our team and Business experts make the process simple and hassle-free.