Banking for Chicagoland businesses of every size.
From your first LLC checking account to multi-entity treasury management — Neighbors First backs Chicagoland businesses with the products, technology, and local decision-making to help you grow.
Business checking
Three business checking accounts, each priced for a different transaction volume. All include free online banking, mobile deposit, and free incoming wires.
Small Business Checking
$100 to open · $0 monthly fee
- Up to 150 free transactions per month ($0.35 each after)
- Up to $5,000 in cash deposits per month at no charge
- Free Visa® business debit card
- Free mobile deposit (up to $10,000/day)
Best for: sole proprietors, freelancers, single-location small businesses.
Business Analyzed Checking
$500 to open · Earnings credit offsets fees
- Unlimited transactions, priced per-item
- Earnings credit on collected balances offsets service charges
- Detailed monthly account analysis statement
- Access to full treasury management suite
Best for: growing businesses with steady deposit balances.
Commercial Checking
$1,000 to open · Custom-priced
- Relationship pricing based on total deposit and loan balances
- Dedicated commercial relationship manager
- Full ACH, wire, positive pay, and lockbox services
- Multi-user online banking with role-based permissions
Best for: commercial companies and multi-entity organizations.
Treasury & cash management
The Neighbors First Treasury Management team helps businesses speed up receivables, control disbursements, protect against fraud, and get visibility across every account. Talk to Rebecca Collins (Naperville) or Daniel Murphy (Naperville) to design a plan for your business.
ACH Services
Originate ACH credits and debits directly from Business Online Banking. Two-day standard settlement or same-day ACH available for time-sensitive payments.
- Payroll direct deposit
- Vendor payments
- Recurring customer collections
- Same-day ACH (cutoff 2:00 PM CT)
Positive Pay
Neighbors First's check and ACH Positive Pay compares every item posting to your account against a file you provide. Suspect items are held for your review before they post, preventing check fraud and unauthorized ACH debits.
- Check Positive Pay
- Reverse Positive Pay (payee verification)
- ACH Positive Pay (blocks and filters)
Wire Transfers
Send and receive domestic and international wires from Business Online Banking with dual-approval controls.
- Domestic wires: cutoff 4:00 PM CT
- International wires: cutoff 3:00 PM CT
- Repetitive wire templates for frequent recipients
- Wire fraud verification callbacks over $10,000
Remote Deposit & Lockbox
Deposit checks without leaving the office. Neighbors First supports both single-check mobile deposit and desktop scanner Remote Deposit Capture (RDC) for higher-volume operators. Wholesale lockbox available for AR-heavy businesses.
Merchant services
Neighbors First partners with a leading US merchant processor to offer transparent, interchange-plus pricing on card acceptance — in-person, online, and by phone. Talk to Brian Foster (Schaumburg) about a rate review or a new account setup.
- Countertop, mobile, and integrated POS terminals
- Online payment gateway with virtual terminal
- Next-day funding to your Neighbors First business account
- PCI DSS compliance support at no additional charge
- 24/7 US-based merchant support
Small business banking
More than 3,000 Chicagoland small businesses trust Neighbors First with their day-to-day banking. Whether you're a two-person LLC or a 50-employee professional services firm, you get one banker who knows your business by name.
- Small Business Checking — see above
- Business Savings — earn on operating reserves
- Business Credit Cards — Neighbors Business Visa® with 1.5% cash back on everything
- Small business loans and lines of credit — see Loans
- SBA Loans — SBA 7(a), 504, and Express — see Ryan Cooper at our Schaumburg branch
Let's build a plan for your business.
Schedule a no-obligation consultation with a Neighbors First business banker at any of our 10 Chicagoland branches.