Truist at a glance
Businesses in the Southeast and Mid-Atlantic comparing a broad relationship bank.
Simple Business Checking
$0 published monthly fee under the current review data.
3 current tiers
Compare the full fee, waiver, transaction and cash-deposit structure below.
Large regional bank
Businesses in the Southeast and Mid-Atlantic comparing a broad relationship bank.
Current business checking lineup
Truist currently has 3 business-checking tiers represented in our current review data. The table below is the fastest way to see whether the entry tier is sufficient or whether transaction, cash-deposit or relationship needs justify moving up.
| Account | Monthly fee | How the fee can be avoided | Operating allowance / notable feature |
|---|---|---|---|
| Simple Business Checking | $0 | No waiver needed | 50 combined monthly transactions; $2,000 monthly cash deposits at no charge |
| Dynamic Business Checking | $25 or $0 | $5,000 average relationship ledger balance | 500 combined monthly transactions; $25,000 monthly cash deposits at no charge |
| Community Checking | $0 | Designed for qualifying nonprofit/community organizations | 225 combined monthly transactions; $25,000 monthly cash deposits at no charge |
Where Truist fits
Truist fits businesses in its Southeast and Mid-Atlantic footprint that want branch access, a genuinely no-monthly-fee entry account and a path into a relationship account as activity grows. The key decision is less about brand size and more about whether monthly transaction and cash-deposit volume fits one of the published allowance bands.
Checking structure
Truist now has a unusually clear two-step small-business checking ladder: Simple Business Checking removes the monthly maintenance fee for low-activity companies, while Dynamic Business Checking trades a $25 fee for much larger transaction and cash-processing allowances plus relationship benefits.
Transactions and cash deposits
Simple Business Checking includes 50 combined transactions and $2,000 of cash deposits per month at no charge. Dynamic Business Checking expands that to 500 combined transactions and $25,000 of cash deposits. Truist currently charges $0.50 for each transaction above the included allowance; cash overages use a per-dollar processing charge.
Relationship economics
Dynamic Business Checking carries a $25 monthly maintenance fee, waived with a $5,000 average relationship ledger balance. Truist also publishes relationship benefits around selected lending, payroll and ATM services as balances grow, so businesses using multiple Truist products should compare the full relationship rather than checking in isolation.
Who should compare Truist closely
Startups and smaller operators that can live within Simple’s 50-transaction allowance, plus growing branch-using businesses that can justify Dynamic’s much larger operating allowances or meet its relationship-balance waiver.
What to verify before opening Truist
| Decision point | Bank-specific check |
|---|---|
| Entry-tier economics | Confirm whether Simple Business Checking at $0 fits your normal balances and activity, not just the promotional or opening period. |
| Transactions and cash | Model your real monthly volume against the published allowance: 50 combined monthly transactions; $2,000 monthly cash deposits at no charge |
| Upgrade threshold | Compare the incremental cost and allowances of Community Checking before your activity forces an unplanned tier change. |
| Service model | Verify branch coverage, support access, user permissions, ACH/wire controls and merchant/treasury tools needed by your team. |
| Geographic/product availability | Confirm that the exact product and service set is available to your entity type and operating market. |
Primary sources
- Truist small business checking comparison
- Truist Simple Business Checking
- Truist Dynamic Business Checking
A strong low-cost entry point with a clean upgrade path for businesses that fit Truist’s footprint and published activity bands.
Startups and smaller operators that can live within Simple’s 50-transaction allowance, plus growing branch-using businesses that can justify Dynamic’s much larger operating allowances or meet its relationship-balance waiver.