Choosing the right business bank account is a crucial step in managing your company’s finances efficiently. If you’re considering Arvest Bank for your business needs, you’re likely wondering what sets them apart. The Arvest Bank business account offers tailored banking solutions for small businesses, corporations, and entrepreneurs looking for reliability, flexibility, and local support.
This article breaks down everything you need to know—from features and fees to how to apply.
About Arvest Bank
Arvest Bank is a community-focused financial institution headquartered in Bentonville, Arkansas, serving Arkansas, Missouri, Oklahoma, and Kansas. With over 200 branches and a strong commitment to personalized service, Arvest offers a full suite of financial services including business banking, loans, and merchant services.
Types of Arvest Bank Business Accounts
Arvest offers several types of business checking accounts tailored to different business sizes and transaction needs:
Arvest Free Business Checking
- No monthly fee
- 150 free monthly transactions
- Free Arvest debit card
- Online and mobile banking includedGreat for small businesses and startups with low monthly activity.
Arvest Basic Business Checking
- $10 monthly fee (waived with minimum balance)
- 300 free transactions per month
- Cash deposits up to $10,000/month
- Overdraft protection optionsIdeal for growing businesses needing moderate transaction volume.
Arvest Business Analysis Checking
- Earnings credit to offset fees
- Designed for high transaction volumes
- Ideal for companies managing multiple accountsBest for established businesses and corporations with complex banking needs.
Arvest Business Money Market Account
- Tiered interest rates based on balance
- Check-writing capability
- FDIC-insuredGood for businesses looking to earn interest while maintaining liquidity.
Digital Features and Tools
Arvest Bank offers robust online and mobile banking solutions that help you manage your business finances efficiently:
FeatureDescriptionArvest Go Mobile AppCheck balances, transfer funds, deposit checksBusiness Online BankingReal-time access to accounts and activity logsACH PaymentsStreamlined payroll and vendor paymentsBillPaySchedule and automate recurring paymentsRemote Deposit CaptureDeposit checks directly from your officeBusiness Debit & Credit Card Options
Arvest Visa® Business Debit Card
- Instant issue at local branches
- Real-time transaction tracking
- Fraud protection tools
Arvest Visa® Business Credit Card
- No annual fee options
- Expense tracking features
- Employee cards with spending controls
Fees and Requirements
Account TypeMonthly FeeFree TransactionsMinimum Opening DepositFree Business Checking$0150$100Basic Business Checking$10 (waivable)300$100Business Analysis CheckingVariesBased on usage$100Other Fees to Consider:
- Excess transaction fees
- Cash deposit fees (above threshold)
- Wire transfers (domestic and international)
- Overdraft or NSF charges
How to Open an Arvest Bank Business Account
Opening a business account at Arvest is a straightforward process. You can start online or visit a branch for personal assistance.
Documents Needed:
- Business formation documents (LLC, Corporation, Partnership, etc.)
- Employer Identification Number (EIN) or Social Security Number (for sole proprietors)
- Government-issued ID (driver’s license, passport, etc.)
- Operating agreement or partnership agreement (if applicable)
- Business license (if required in your state)
Additional Arvest Business Services
ServiceBenefitMerchant ServicesAccept credit card payments in-store or onlineBusiness Loans & LinesFinancing for equipment, vehicles, or working capitalPayroll ServicesIntegrated payroll and direct deposit optionsTreasury ManagementCash flow optimization for mid- to large businessesBusiness InsuranceRisk protection through trusted partnersPros and Cons of Arvest Business Accounts
ProsConsLocal service with a community bank feelLimited to four states (AR, MO, OK, KS)Multiple account options based on business sizeLower tech innovation compared to digital banksFree checking options for small businessesSome accounts have transaction and cash limitsStrong customer support and branch networkFees may apply for high-volume businessesConclusion
If you’re operating in Arkansas, Missouri, Oklahoma, or Kansas and want a local bank with reliable service and tailored business solutions, an Arvest Bank business account may be a perfect fit. With flexible account types, helpful online tools, and personalized support, Arvest helps small and mid-sized businesses manage money, grow operations, and plan for the future.
A strong business starts with strong banking—and Arvest delivers both.
FAQs
1. Can I open an Arvest business account online?
Yes. You can begin the process online, but final documentation and identity verification may require an in-person visit.
2. Does Arvest charge for wire transfers?
Yes. Wire transfer fees vary by type (domestic/international). Always review the current fee schedule.
3. Is Arvest Bank FDIC insured?
Yes. All Arvest Bank business accounts are FDIC insured up to $250,000 per depositor.
4. Can I link my personal and business accounts at Arvest?
Yes. You can link multiple accounts for simplified transfers and account management.
5. Does Arvest offer business loans or credit lines?
Absolutely. Arvest provides a variety of financing solutions, including SBA loans, lines of credit, and equipment financing.