about physician bank

Business Checking Simplified

Are you a business owner or part of a payroll department seeking a convenient and reliable healthcare banking solution? Look no further! Physician Bank presents a suite of business checking accounts, specially tailored to meet your financial needs.

  • FDIC insurance up to $100 Million
  • Fees made simple


At Physician Bank, we understand that managing business finances can be complex. That is why we have designed our Secure Business Checking account to provide you with unmatched convenience, security and, flexibility. Our secure, FDIC-backed checking account gives you up to $7 Million in coverage and the peace of mind that comes with financial protection.

Secure Business Checking
  • FDIC insurance up to $7 Million*
  • No monthly maintenance fee when you maintain a minimum average daily balance of $230,000 and enroll in eStatements
  • 2 free debit cards and free eStatement
  • Fees made simple
  • Up to 10 free domestic wire transfers
  • No overdraft privilege ensures you’re in complete control
  • Minimum opening deposit of $250,000


Elevate your business checking further! Looking for a banking solution tailored for higher balances? Enter Secure Vault Checking. Like our Secure Business Checking account, enjoy a range of benefits:

Secure Vault Checking
  • FDIC insurance up to $100 Million
  • No monthly maintenance fee when you enroll in eStatements
  • eStatement free of charge
  • Up to 20 free domestic wire transfers
  • Minimum opening deposit of $500,000

*$7 million FDIC-insured limit applies to customer’s entire deposit relationship with Physician Bank. Option to insure funds up to $7 million requires application with IntraFi Cash Service (ICS) and is subject to additional terms and conditions.

Simplified Fees For Simple Banking

  • Enjoy free eStatements. Paper statements are $15.00 per month.
  • Access eStatement Image Statements for a small fee of $5.00 per month.
  • Overdraft and NSF incidents are $33.00 per item.
  • Foreign ATM transactions may incur a nominal fee.


Bank confidently with Physician Bank, a division of Heritage Bank NA. We’re committed to providing you with exceptional financial solutions that simplify your business’s financial journey. As a leader in the industry, we’ve teamed up with IntraFi to ensure seamless integration and secure transactions.


Open your Secure Business Checking or Secure Vault Checking account today and experience banking the way it should be. Your business deserves the best, and Physician Bank is here to deliver.

Important Information

Procedures for Opening an Account Mandated by the USA PATRIOT ACT

To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT ACT, a Federal law, requires all financial institutions to obtain, and record information that identifies each person who opens an account.

What this means for you:

When you open an account, we will ask you for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

New! 4.04% APY* on checking.
*APY = Annual Percentage Yield

Accessibility Toolbar

Payroll Plus Checking Account

*APY = Annual Percentage Yield. Fees may reduce earnings. Interest rate is variable and may change after the account is opened. Rate applies to balances between $0.01 and $100,000

To earn 4.04%, you must:

  1. Have at least $5,000 in direct deposit each month from payroll, social security, investment income, or other forms of monthly income.
  2. Have monthly debit card purchases posted to your account equaling a minimum of $500. Please note that ATM transactions do not count toward the debit card purchase requirement.
  3. Enroll and receive monthly eStatements. With eStatements, you must have a valid email address to enroll. $4 per month fee applies if not enrolled in eStatements and paper statements are sent through U.S. Mail.

Payroll Plus Rates effective as of May 1, 2024. Minimum opening deposit of $100.