MINNEAPOLIS--(BUSINESS WIRE)--Apr 14, 2025--
U.S. Bank has launched a premier all-in-one checking account combined with payments acceptance capabilities for small businesses. Called U.S. Bank Business Essentials®, the account enables businesses to accept card payments with free same-day access to their funds i and a free mobile card reader ii, in addition to checking with unlimited digital transactions iii and no monthly maintenance fee. Business Essentials features include:
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U.S. Bank introduced Business Essentials in response to the advancing needs and demands of small business clients. In a national survey U.S. Bank conducted with more than 1,000 small business owners, 80 percent said they prefer service providers who can bundle their digital banking, payments, and operations tools iv, highlighting the need for a banking partner to provide digital banking and payments in a single solution.
“With Business Essentials, we are making it easier for small business owners to manage their business,” said Shruti Patel, chief product officer for the business banking segment at U.S. Bank. “We are bringing multiple capabilities together – a best-in-class checking account with payments and differentiated easy-to-use software – in a single integrated interface. By enabling small business owners to manage their cash flow in one place – with no monthly maintenance fee – we are helping our clients save time and money, lessening their operational burden, and giving them access to improved business insights.”
“This product exemplifies how the breadth of business offerings under the U.S. Bank umbrella can interconnect to create real value for our clients,” said Arijit Roy, Head of Consumer and Business Banking Products at U.S. Bank. “When we make it easier for our small business clients to run their business and have quicker access to their funds, we are playing a central role in their growth story.”
U.S. Bank serves more than 1.4 million small business clients with a comprehensive suite of banking, payments and digital solutions backed by support from experienced bankers. The bank offers a wide range of deposit accounts; merchant services products, including talech point of sale systems; loan products; credit cards; and treasury management services.
For more information on Business Essentials and all the ways U.S. Bank powers small businesses, visit usbank.com/business-banking.
Editor’s Note: The content of this press release is accurate as of publication on April 14 and may have changed. For the latest product information, refer to the U.S. Bank Business Essentials product page.
Disclosures:
i Sales are processed daily and deposited into the associated checking account. Funding speeds will vary between weekdays and weekends and are dependent on batch settlement times. Batches will be processed every day, including weekends. Changing the account that your funds are deposited into may impact your funding speeds. Fee to retain daily funding and deposit applies when the associated checking account is a non-U.S. Bank checking account. Please see the U.S. Bank Business Essentials® Payment Processing Terms of Service and Operating Agreement for details.
ii One free Ingenico Moby/5500 card reader is included and is only available for customers applying for a new U.S. Bank Business Essentials® account through the online application. Card reader cannot be redeemed for any other hardware purchase or account credit. Additional card readers available for a fee.
iii Digital transactions include electronic deposits, electronic withdrawals, ATM transactions, Elavon payment processing credits and chargebacks, electronic transfers, ACH, debit card purchases. Certain transactions may have additional service fees. Refer to U.S. Bank Business Essentials® Pricing Information or contact your Business Banker for complete pricing information.
iv U.S. Bank 2024 Small Business Survey: usbank.com/dam/documents/pdf/about-us-bank/company-blog/Small_Business_Perspective_2024_final.pdf
For additional information call 855-955-2760 or visit your local branch for a copy of Business Essentials Pricing Information disclosure or refer to Your Deposit Account Agreement (YDAA).
Deposit products are offered by U.S. Bank National Association. Member FDIC.
About U.S. Bank
U.S. Bancorp, with more than 70,000 employees and $678 billion in assets as of December 31, 2024, is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, the company serves millions of customers locally, nationally and globally through a diversified mix of businesses including consumer banking, business banking, commercial banking, institutional banking, payments and wealth management. U.S. Bancorp has been recognized for its approach to digital innovation, community partnerships and customer service, including being named one of the 2024 World’s Most Ethical Companies and one of Fortune’s most admired superregional banks. To learn more, please visit the U.S. Bancorp website at usbank.com and click on “About Us.”
U.S. Bank has launched a premier all-in-one checking account combined with payments acceptance capabilities for small businesses.
WASHINGTON (AP) — The United States said Sunday it rescued a service member missing behind enemy lines since Iran downed a fighter jet, as President Donald Trump escalated pressure on Tehran with a new looming deadline to reopen the Strait of Hormuz.
Iran showed no signs of backing down, striking economic and infrastructure targets in neighboring Gulf Arab countries.
The airman’s extraction followed a U.S. search-and-rescue operation after the Friday crash of the F-15E Strike Eagle, as Iran also promised a reward for anyone who turned in an “enemy pilot.” Trump said he was injured but in stable condition.
“This brave Warrior was behind enemy lines in the treacherous mountains of Iran, being hunted down by our enemies, who were getting closer and closer by the hour,” Trump wrote on social media.
A second crew member was rescued earlier.
The fighter jet was the first American aircraft to have crashed in Iranian territory since the U.S. and Israel launched the war, striking Iran on Feb. 28. The war has since killed thousands, shaken global markets, cut off key shipping routes and spiked fuel prices. Both sides have threatened and hit civilian targets, bringing warnings of possible war crimes.
Trump said last week that the U.S. had “decimated” Iran and would finish the war “very fast.” Two days later, Iran shot down two U.S. military planes, showing the ongoing perils of the bombing campaign and the ability of a degraded Iranian military to continue to hit back.
As Iran continues to exert control over the Strait of Hormuz, Trump, in a weekend social media post, threatened to unleash “all Hell” if it isn’t opened by Monday. He has issued such threats before and extended them when mediators have claimed progress toward ending the war on agreeable terms.
The other jet to go down was a U.S. A-10 attack aircraft. Neither the status of the crew nor exactly where it crashed was immediately known.
On Sunday, Iran’s state TV aired a video showing what it claimed were parts of American aircraft shot down by Iranian forces, along with a photo of thick, black smoke rising into the air. The broadcaster said Iran had shot down an American transport plane and two helicopters that were part of the rescue operation.
However, a regional intelligence official briefed on the mission told The Associated Press that the U.S. military blew up two transport planes due to a technical malfunction, forcing it to bring in additional aircraft to complete the rescue.
The official spoke on condition of anonymity to discuss the covert mission.
In Kuwait, an Iranian drone attack caused significant damage to two power plants and put a water desalination station out of service, according to the Ministry of Electricity. No injuries were reported from the attack, the ministry said.
In Bahrain, the national oil company said that a drone attack caused a fire at one of its storage facilities, which was extinguished. It said the damage was still being assessed and no injuries had been reported.
In the United Arab Emirates, authorities responded to multiple fires at the Borouge petrochemicals plant that they said were caused by intercepted debris. Production at the plant in Ruwais, near the UAE’s western border with Saudi Arabia, was halted.
The strike came a day after Israel struck a petrochemical plant in Iran that Prime Minister Benjamin Netanyahu said generated revenue that it had used to fund the war.
Trump renewed his threats for Iran to open up the Strait of Hormuz by Monday or face devastating consequences, writing Saturday in a social media post: “Remember when I gave Iran ten days to MAKE A DEAL or OPEN UP THE HORMUZ STRAIT. Time is running out — 48 hours before all Hell will reign down on them.”
The waterway is a critical chokepoint for global energy shipments, especially oil and gas moving from the Persian Gulf to Europe and Asia. Disruptions there have injected volatility into the market and pushed oil and gas-importing countries to seek alternative sources.
“The doors of hell will be opened to you” if Iran’s infrastructure is attacked, Gen. Ali Abdollahi Aliabadi with the country’s joint military command said late Saturday in response to Trump’s renewed threat, state media reported. In turn, the general threatened all infrastructure used by the U.S. military in the region.
But Pakistan’s Foreign Ministry spokesperson, Tahir Andrabi, told the AP that his government’s efforts to broker a ceasefire are “right on track” after Islamabad last week said that it would soon host talks between the U.S. and Iran.
Mediators from Pakistan, Turkey and Egypt were working to bring the U.S. and Iran to the negotiating table, according to two regional officials.
The proposed compromise includes a cessation of hostilities to allow a diplomatic settlement, according to a regional official involved in the efforts and a Gulf diplomat briefed on the matter. They spoke on condition of anonymity to discuss closed-door diplomacy.
Iran’s parliamentary speaker, Mohammad Bagher Qalibaf, issued a veiled threat late Friday to disrupt traffic through a second strategic waterway in the region, the Bab el-Mandeb.
The strait, 32 kilometers (20 miles) wide, links the Red Sea with the Gulf of Aden and the Indian Ocean. More than a tenth of seaborne global oil and a quarter of container ships pass through it.
“Which countries and companies account for the highest transit volumes through the strait?” Qalibaf wrote.
More than 1,900 people have been killed in Iran since the war began.
In Gulf Arab states and the occupied West Bank, more than two dozen people have died, while 19 have been reported dead in Israel and 13 U.S. service members have been killed. In Lebanon, more than 1,400 people have been killed and more than 1 million people have been displaced. Ten Israeli soldiers have died there.
This report has been corrected to show that Borealis is an Austrian company and not Australian.
Metz reported from Jerusalem and Magdy from Cairo. Jon Gambrell in Dubai, United Arab Emirates, and Munir Ahmed in Islamabad contributed to this report.
Members of Lebanon's General Security stand at the Masnaa border crossing in the Bekaa valley, eastern Lebanon, Sunday, April 5, 2026. (AP Photo/Bilal Hussein)
A man, who fled Israeli bombings in southern Lebanon with his family, sleeps in his car used as shelter, along a seaside promenade in downtown Beirut, Lebanon, Sunday, April 5, 2026. (AP Photo/Emilio Morenatti)
Followers of Iraq's Shiite cleric Muqtada al-Sadr chant slogans as they wave national Iraqi flag during a protest against U.S. and Israeli attacks on multiple cities across Iran, in Tahrir Square, Baghdad, Baghdad, Iraq, Saturday, April 4, 2026. (AP Photo/Hadi Mizban)
A bedroom is damaged in a building struck in an Israeli airstrike in the southern port city of Tyre, Lebanon, Saturday, April 4, 2026. (AP Photo/Mohammed Zaatari)
Pedetrians walk by a destroyed building within the Grand Hosseiniyeh, with the mosque visible in the background, which officials at the site say was hit by U.S.-Israeli airstrikes Tuesday, in Zanjan, Iran, Saturday, April 4, 2026. (AP Photo/Francisco Seco)
Police officers and their horses take cover in an underground parking garage as sirens warn of an incoming missile fired from Yemen in Tel Aviv, Israel, Saturday, April 4, 2026. (AP Photo/Maya Levin)
A man looks at a destroyed building within the Grand Hosseiniyeh complex that officials say was hit by U.S.-Israeli airstrikes Tuesday in Zanjan, Iran, Saturday, April 4, 2026. (AP Photo/Francisco Seco)
