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.
Current business checking comparison
| 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 |
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.