316 Financial Launches Business Banking Accounts for Values-Driven Organizations

Author: 316 Financial | Published: Wednesday, February 5, 2025

316 Financial has announced the launch of its new suite of business banking accounts, expanding its mission to serve individuals, families, churches, and organizations that want their financial decisions to reflect their values.

Since its founding, 316 Financial has focused on combining competitive banking services with a commitment to generosity, including its practice of tithing 10% of their profits to charitable causes. With the introduction of business accounts, the organization is now extending that same approach to entrepreneurs, ministries, and nonprofits.

“Many business owners and ministry leaders have told us they want a banking relationship that aligns with their values without sacrificing great service or strong financial tools,” said Paige Whitaker, Brand Growth & Partnerships Manager. “These new accounts are designed to give businesses the same competitive banking experience our personal customers enjoy—while staying true to the principles that define 316 Financial.”

The new business banking lineup includes several account options designed to meet different organizational needs:

316 Business Rewards Checking, which offers 1% cash back on all debit card purchases, providing a simple way for businesses to earn while managing everyday expenses.
316 Business Interest Checking, designed for businesses that maintain higher balances and want to earn interest on their operating funds while maintaining full flexibility.
316 Ministry Checking, created specifically for churches, ministries, and nonprofit organizations seeking value-based banking with competitive interest and straightforward account management.
316 Business Savings, a high-yield savings option designed to help organizations grow their reserves while maintaining access to their funds.

All accounts include features designed to simplify financial management, such as no monthly maintenance fees, no overdraft fees, free ATM access nationwide, free incoming wires, and robust business insights tools that provide cash-flow analytics, spending breakdowns, and performance tracking.

Business accounts are offered by 316 Financial, a division of Primis Bank, and are opened and maintained through Primis Bank, Member FDIC.

The launch reflects growing interest among business owners and ministry leaders who want to align their banking relationships with their values while still benefiting from modern digital banking and competitive rates.

“Whether it’s a small business owner, a growing company, or a local church, we want to make it easier for organizations to manage their finances responsibly and confidently,” Whitaker said. “Our goal is to provide excellent banking while continuing the same spirit of generosity and service our customers have come to expect.”

Business owners, ministries, and nonprofit leaders interested in learning more about 316 Financial’s new business accounts can visit bank316.com for additional information.

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About 316 Financial 316 Financial is a values-driven digital bank committed to providing competitive financial products while encouraging responsible money management and generosity. As a division of Primis Bank, 316 Financial serves individuals, families, churches, nonprofits, and now businesses seeking banking solutions that align with their values. Deposits at 316 Financial, Primis Bank, and any of its divisions, brands, or affiliates are aggregated to determine FDIC Insurance coverage. Deposit accounts can be opened with as little as $1.

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