Products & Services

Business Products

Welcome to The Park Avenue Bank. Our "Gemstone Collection" Business Products offer great rates and flexibility, online accessibility and informed customer service.

With our no-fee ATMs, you can access your account at any time, 24 hours a day. You'll get up to the minute account information, be able to withdraw money, transfer money between accounts and find out if your checks have cleared. If you use our ATM cards at any one of our Park Avenue Bank locations or at any competitor ATM for your transfer and deposit needs, you will not accrue any charges. The Park Avenue Bank will absorb all transaction fees incurred from competitor ATMs. Speak with our branch manager for further details.

The Park Avenue Bank also offers safe deposit boxes, so that you may have the reassurance of a secure place to store your valuable items and possessions. Be sure to ask our staff about reserving one today!

Whether you visit us at the branch or contact us via phone, we promise you will be treated with courtesy, respect and efficient service. It's our pleasure to serve you!

THE PARK AVENUE BANK
BUSINESS CHECKING PRODUCTS:
(interest is compounded daily and posted monthly)

Totally Free Business Checking*
Jade Account


  • No minimum balance
  • No monthly service charge
  • Unlimited cash deposits monthly
  • 500 FREE Items per monthly statement*
  • FREE Check images in your statement for easy record keeping
  • Easy to balance monthly statement
  • Totally Free Online Bill Pay
  • Totally FREE Business VISA ATM/Debit Card
  • Only $50 to open

"*" next to Totally Free Business Checking indicates that customer pays for check printing

Corporate Checking
Pearl Account

For larger businesses with active banking needs:

  • Earnings credit may offset service charges
  • Just $15 monthly
  • FREE Check images in your statement for easy record keeping
  • Easy to balance monthly statement
  • Totally Free Online Bill Pay
  • Free Business VISA ATM/Debit Card
  • Unlimited cash deposits monthly
  • Just 15¢ per item
  • Only $100 to open

Business Interest Checking
Aquamarine Account

Sole proprietors and not-for-profit organizations can earn interest on their checking balance!

  • Competitive interest rates apply
  • No minimum balance
  • Just $10 Monthly
  • FREE Check images in your statement for easy record keeping
  • Easy to balance monthly statement
  • Totally Free Online Bill Pay
  • Free Business VISA ATM/Debit Card
  • Only $50 to open

THE PARK AVENUE BANK
BUSINESS SAVINGS PRODUCTS:

(interest is compounded daily and posted monthly)

Tiered Savings
Citrine Account

Tiered Account with balance levels up to and beyond $50,000.

  • Competitive interest rates apply
  • $25 to open
  • $1,000 minimum balance
  • $5 monthly service fee if below minimum balance
  • No ATM access

Money Market Account
Onyx Account

  • Offers tiers from $2,500 to $50,000 and up—each tier offers very competitive rates and allows three checks per cycle
  • Requires a minimum of $2,500 to open and $5,000 to maintain
  • $15 per check coverage charge
  • 6 transactions per month
  • Penalties will apply after three check limit

At The Park Avenue Bank, we like to keep things simple for our customers. So whichever business product you choose, our highly competent, professional customer service representatives are happy to answer your questions about additional options, making your financial planning and banking as profitable and beneficial as possible.

* All rates and fees are subject to terms, conditions and disclosures. Please ask our branch personnel for further information.

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460 Park Avenue | New York, NY 10022 | Phone 212.755.4600
The Park Avenue Bank is a New York State chartered bank. Equal Housing Lender. Member FDIC.
FDIC | Equal Housing Lender