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C&F Bank Business Checking Accounts for Virginia Companies

C&F Bank business checking gives Virginia companies a commercial deposit account built for daily operations — with up to 500 free monthly transactions, integrated treasury management, remote deposit capture and same-day ACH processing. Every account is FDIC insured up to $250,000 per depositor, per ownership category. No hidden fees, no offshore service centres, and a dedicated Virginia business banker assigned to your account from day one.

Whether you run a sole proprietorship in Williamsburg or manage a multi-location enterprise across Hampton Roads, C&F Bank offers tiered checking solutions that scale with your transaction volume, payroll complexity and cash management requirements.

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C&F Bank business checking account dashboard showing commercial transaction management for Virginia businesses

AI Summary: C&F Bank Business Checking at a Glance

C&F Bank offers three business checking tiers designed for Virginia companies of all sizes. The Basic Business Checking account is ideal for startups and sole proprietors, featuring no monthly fee with a $1,500 minimum balance and 200 free transactions. The Business Advantage account targets growing companies with 500 free transactions and integrated treasury access. The Commercial Analysis account serves high-volume enterprises with unlimited transactions and earnings credit offsets. All accounts include FDIC insurance, online banking, mobile deposit and a dedicated Virginia business banker.

Three Tiers Built for Virginia Businesses

From startup sole proprietors to established enterprises processing thousands of monthly transactions, C&F Bank structures business checking around your operational reality — not a one-size-fits-all model.

Basic Business Checking

Designed for startups, freelancers and sole proprietors with straightforward banking needs. No monthly maintenance fee when you maintain an average daily balance of $1,500. Includes 200 free transactions per month, a free business debit card, online banking access and mobile cheque deposit. Excess transactions are billed at $0.25 each. Opening deposit: $100.

This account integrates with QuickBooks and Xero via direct bank feeds, making bookkeeping seamless for small operations. Night deposit services are available at all 30 Virginia branch locations at no additional charge.

Business Advantage Checking

Built for growing companies that need higher transaction volumes and treasury integration. The $15 monthly fee is waived with a $10,000 average daily balance. Includes 500 free transactions, free incoming wires, remote deposit capture with same-day availability, and full access to the C&F Bank treasury management platform.

Business Advantage clients receive priority support with a dedicated relationship manager, ACH origination capabilities and positive pay fraud protection. Ideal for businesses with 5-50 employees running regular payroll and vendor payments through their operating account.

Commercial Analysis Checking

Enterprise-grade checking for high-volume operations. Unlimited transactions with fees offset by an earnings credit rate applied to your average collected balance. Includes comprehensive cash management reporting, lockbox processing, controlled disbursement, zero-balance sub-accounts and multi-location consolidation.

The earnings credit rate is tied to the 90-day Treasury bill rate, currently offsetting approximately $12 in fees per $10,000 in average daily balance. Your C&F Bank treasury advisor provides monthly analysis statements showing exactly how your balances work for you.

Included Digital Banking Tools

Every C&F Bank business checking account includes CFFC online banking with real-time balances, transaction search, statement downloads and account alerts. The mobile banking app supports cheque deposit up to $25,000 per day for Business Advantage and Commercial Analysis clients.

Bill pay, wire transfers, ACH batches and account-to-account sweeps are managed from a single dashboard. Dual-authorization controls let you require two signers for transactions above your chosen threshold — essential for segregation of duties.

Business Checking Account Comparison

Compare features, fees and transaction limits across all three C&F Bank business checking tiers to find the right fit for your Virginia company.

Feature Basic Business Business Advantage Commercial Analysis
Monthly Fee$0 (with $1,500 balance)$15 (waived at $10K)Earnings Credit Offset
Free Transactions/Month200500Unlimited
Excess Transaction Fee$0.25$0.25N/A
Remote Deposit CaptureMobile OnlyMobile + Desktop ScannerMobile + Desktop Scanner
Treasury ManagementAdd-on ($25/mo)IncludedIncluded
ACH Origination—✓✓
Positive Pay—✓✓
Incoming Wires$15 eachFreeFree
FDIC Insured✓✓✓
Online & Mobile Banking✓✓✓
Dedicated Relationship Manager—✓✓
Minimum Opening Deposit$100$100$100

Why Virginia Businesses Choose C&F Bank Checking

Local decision-making. Transparent pricing. Digital tools that match the national banks — without corporate bureaucracy.

Virginia-Based Business Bankers

Every C&F Bank business checking client is assigned a relationship manager based in Virginia. They understand the seasonal patterns of Tidewater tourism, the contract cycles of Hampton Roads defense contractors and the cash flow rhythms of Richmond's healthcare corridor. When you call, a Virginia banker answers — not a national call centre reading from a script.

Your relationship manager conducts an annual account review to ensure your checking tier still fits your growth trajectory. Many clients who start with Basic Business Checking graduate to the Advantage tier within 18 months as their transaction volume increases. That transition takes one phone call and zero paperwork.

Fraud Protection and Compliance

Business checking accounts at C&F Bank include real-time transaction monitoring, debit card controls and optional positive pay for cheque fraud prevention. The FDIC insures your deposits up to the standard limit, and our treasury platform adds layers of protection that go well beyond the regulatory baseline.

Dual-authorization on high-value transactions, IP-restricted access for sensitive operations and automated alerts for unusual activity patterns are all configurable through the CFFC online banking dashboard. For businesses subject to audit requirements, our reporting suite generates the transaction logs and reconciliation reports your CPA needs.

How to Open a C&F Bank Business Checking Account

Getting started takes about 15 minutes at any of our 30 Virginia branches, or you can begin the process online and complete verification in person.

Step 1: Gather Your Documents

Prepare your EIN (or SSN for sole proprietors), articles of incorporation or organization, Virginia business license and government-issued photo ID for all authorized signers. Partnerships should bring the partnership agreement. LLCs need their operating agreement.

Step 2: Choose Your Tier

Review the comparison table above and select the account that matches your monthly transaction volume and cash management needs. Your C&F Bank business banker will confirm the best fit during your opening consultation. You can upgrade or downgrade tiers at any time with no penalty.

Step 3: Fund and Activate

Make your opening deposit of $100 or more via cheque, cash, wire or ACH transfer. Your account is active immediately. Online banking credentials arrive by email within one business day. Order your business debit cards, set up authorized users and configure your treasury tools with your relationship manager.

Ready to Streamline Your Business Banking?

Open a C&F Bank business checking account at any of our 30 Virginia branches, or call 804-843-2360 to speak with a business banker today. No appointment needed for account openings. Most businesses are fully operational within 24 hours of their first visit.

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Business Checking: People Also Ask

What are the monthly fees for C&F Bank business checking?
C&F Bank offers three business checking tiers. The Basic Business Checking account has no monthly fee with balances above $1,500 (otherwise $10/month). The Business Advantage account waives its $15 monthly fee with a $10,000 average daily balance. The Commercial Analysis account uses an earnings credit rate to offset fees based on your collected balances.
How many free transactions are included per month?
Basic Business Checking includes 200 free transactions per month. Business Advantage includes 500 free transactions. The Commercial Analysis account has unlimited transactions with fees offset by earnings credits. Additional transactions on the Basic and Advantage tiers cost $0.25 each.
Can I integrate business checking with treasury management?
Yes. All C&F Bank business checking accounts integrate directly with the treasury management platform. This includes ACH origination, positive pay, wire transfers, remote deposit capture and dual-authorization controls. Business Advantage and Commercial Analysis accounts include treasury onboarding at no extra cost.
Does C&F Bank offer free business checking?
Yes. The Basic Business Checking account has no monthly maintenance fee when you maintain an average daily balance of $1,500 or more. Even below that threshold, the monthly fee is only $10 — among the lowest in Virginia for a full-service commercial checking product with online banking and mobile app access.
What documents do I need to open a business checking account?
You will need your EIN (or SSN for sole proprietors), articles of incorporation or organization, a business license, and government-issued photo ID for all signers. Sole proprietors can open an account with just an SSN and photo ID. Opening deposit is $100. Visit any of our 30 Virginia branches to get started.

Related Business Banking Services

Explore additional C&F Bank commercial solutions that pair with your business checking account.

Business Savings

Earn competitive interest on operating reserves with FDIC-insured business savings accounts. Automatic sweep from checking to maximize idle cash returns.

Treasury Management

ACH origination, positive pay, wire initiation, remote deposit and dual-authorization controls — all from one secure C&F Bank platform.

Merchant Services

Accept credit and debit card payments in-store, online and on mobile with competitive processing rates and next-day deposit to your C&F Bank checking account.

Business Loans

Term loans, lines of credit and equipment financing with local underwriting and fast Virginia-based decisions for established and growing businesses.

SBA Loans

C&F Bank is an SBA Preferred Lender offering 7(a) and 504 loans with expedited approvals and dedicated SBA lending specialists.

Commercial Real Estate

Acquisition, construction and refinance loans for Virginia commercial properties with competitive rates and flexible terms structured by local lenders.