The Best Bank Accounts for Business Owners 2023!

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💰Hey Future Millionaire!

Your Favorite Business Coach is BACK, and in this video, we are going over the BEST BUSINESS BANK ACCOUNTS in 2023. If you are NEW to business, you want great VALUE now, and have access to FUNDING when you need it this video is for YOU. Now, here are my TOP 3 PERSONAL recommendations.

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Timestamps:

0:00 Intro
0:39 Why You NEED a Business Bank Account
2:32 Chase
4:17 NorthOne
6:40 Credit Unions
7:29 Navy Federal
8:20 Final Thoughts

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✨ELLIE DIOP✨

After losing her corporate job during the pandemic, Ellie Diop (better known as Ellie Talks Money) used her $1,200 stimulus check to build a multi-million-dollar online coaching business in just one year; now she’s teaching other millennials how to do the same.

Today her online academy, Ellievated Academy, serves over 50,000 students. Ellie is committed to helping others overcome their circumstances and build successful businesses.

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The problem with credit unions and bank that NO ONE mentions in these videos. If you have an LLC and EIN, they want you to provide a Statement of Information AND an Operating Agreement, BOTH are legal documents and one has to be filed with the Secretary of State for a $70 fee (in CA) AND takes 28 days after filing to get the proof of that back. So you have huge tasks to complete, more money to spend and time to wait to be able to open the checking. Also you must have a savings account with Credit Unions in order to open any checking. THINGS TO KNOW.

KerriFrances
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I Feel So Behind In my Business. I’m A Year In And Still Find Myself Being Stuck. Thank You For These Gems, I Didn’t Know Where To Start For My Business Account.

rdeyerelaxation
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I opened my first business account with Navy Federal as well as a personal checking & savings. I absolutely love them. I did also start 2nd business and opened that business account with Chase. I would like to get that Ink card but, I'm not sure if I qualify with the new business I just opened in 2023.

racquelmurphy
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I was originally stuck on finding the "right" business bank account and I heard Navy Federal was a great option. I already have a personal account with them and now I'm about to have a business one as well. Thank you 💕

JKSINC
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Had a horrendous experience with north one and I’m one of many.

Kikiadams
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I just started my business and don't have the LLC yet, I don't have a business bank account because I thought sole proprietorships couldn't get one. However, after seeing this video I looked it up, and apparently some banks do allow business banking for sole proprietorships. So this is a great way to get started while I work on filing my LLC

RondelleMartin
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Legit saw north one and passed right before this video. Thank you for turning me around!

JaredToddLittlejohn
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What’s holding me back is providing to deposit funds into the account.

daeveonw
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Thanks 🙏 I do have a business account with a credit union I just need to find out about funds for my business

altheaprass
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alot of these accounts hold on to your money and I don't like that

XTREMEINDUSTRIEZ
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Yes I signed up with Arkansas Federal Credit Union, thanks for the video Ellie <3

ExpressedByNadira
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I love navy federal but at the time i was afraid of what they offered i was only 18

KBerry
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What is the best way to receive payment as a business?

melissamason
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What’s the best way to change my business name? Should it be done before I renew My LLC with the Secretary of State (GA)?

Gunthickbritt
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Aww man! I just opened my first biz account with North One a couple weeks ago. I would’ve used your referral link. ❤️

OfficialNikkiReal
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Is it okay if my business bank account (business checking) is connected to the same accounts as my personal checking and saving? Thank you for all that you do ellie 🥰💓

Wingedlion
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I am considering opening a business account with a credit union that I’m already a member with, but I may not be living or operating in this state for much longer. My credit union is local only operates within my current city and will be very far from my new prospective location. Should I bother?

kimthomas
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Do I need two business savings and two business checking account? Is that what you meant by having one fund the other?

SpiritualGuidanceAcademy
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Hi, I don’t know if you will see this☺️. But, I have a question in-regards to getting a business bank account. I made a LLC, but not really sure with what business route I wanna go first. Is it necessary to pick a NAIC code in order to get a bank account? Kinda lost at how to handle getting a business checking account.

Xannie_ummi
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Hi Ellie from a M2M member. I absolutely love your content. What documents are needed to start a business bank account?

bobbiejackson