Small Business Banking

Running a small business is challenging enough, your banking shouldn’t be. At Southern Bank, we make it easy to get started and stay in control of your finances.

Banking with Southern Bank means personalized service, local decisions, and modern tools to help your business grow. We provide everything from checking and loans to Treasury Management, all with a team that knows your community and your goals.

Ready to launch your small business banking?

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What are business bank accounts?

Business bank accounts are financial accounts specifically designed for companies, separate from personal accounts. They allow you to manage income, expenses, and payments in one place while providing tools to run your business efficiently.

Why do I need one?
  • Separate Personal & Business Finances: Keep your personal and business money separate for clarity, easier accounting, and tax purposes.
  • Build Credibility: Vendors, clients, and lenders take your business more seriously when you have a dedicated business account.
  • Access Business Tools: Enjoy features like merchant services, ACH payments, payroll solutions, and cash management.
  • Simplify Tax Filing: Easier tracking of income and expenses makes year-end reporting smoother.
  • Prepare for Growth: A business account is often required to secure loans or lines of credit.
Types of Business Bank Accounts
Gather Your Business Documents

Before you can open an account, make sure you have the following:

  • Employer Identification Number (EIN) or Social Security Number (SSN)
  • Business formation documents (Articles of Incorporation, LLC Operating Agreement, etc.)
  • Valid photo ID (driver’s license, passport, etc.)
  • Proof of business address (lease, utility bill, or official correspondence)