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Missouri · MO

Business Banking for Moving Companies in Missouri

Free business checking with 1.75% APY, built-in accounting, and unlimited sub-accounts for moving companies in Missouri.

Starting a Moving Business in Missouri

State Tax Rate

2%–4.7% (graduated, being phased down)

LLC Filing Fee

$50 (LLC)

Major Markets

Kansas City, St. Louis, Springfield, Columbia

Key Requirements in Missouri

Moving company license or registration required in Missouri
USDOT number required for interstate moves
Cargo insurance and general liability insurance required
Must provide binding or non-binding estimates to customers
Workers' compensation insurance required in Missouri if you have employees

Best Banks for Moving Companies in Missouri

Compare Missouri's top business banking options for moving companies.

1

Holdings

$0/mo · 1.75% APY

Free business checking with built-in AI accounting, unlimited sub-accounts, and FDIC insurance up to $3M. Available nationwide including Missouri.

Key Features

  • Free business checking
  • Built-in AI bookkeeping
  • Unlimited sub-accounts
  • 1.75% APY on all balances

Pros

  • No fees, no minimums
  • Accounting included free
  • FDIC insured up to $3M

Cons

  • No physical branches
  • No cash deposit
2

Commerce Bank

Regional bank

Best for: moving companies wanting full-service Missouri banking

Pros

Missouri-headquartered, strong business banking across the state

Cons

Monthly fees on basic accounts

3

Central Bank of the Midwest

Regional bank

Best for: moving companies in the Kansas City area

Pros

Kansas City focus, relationship-driven

Cons

Primarily KC metro

4

Hawthorn Bank

Community bank

Best for: moving companies in mid-Missouri

Pros

Central Missouri presence, personal service

Cons

Limited metro presence

Why Moving Companies in Missouri Choose Holdings

Free Business Checking

No monthly fees, no minimums, no hidden costs. Every dollar stays in your business.

Built-In AI Bookkeeping

Automatic transaction categorization, real-time P&L and balance sheet. No QuickBooks needed.

1.75% APY on Every Dollar

Your operating funds earn interest while they sit. No tiered rates, no caps.

Unlimited Sub-Accounts

Organize funds by job, project, or purpose. Track payroll, taxes, and expenses separately.

Moving Companies Banking in Missouri — FAQ

Do I need a license to start a moving company in Missouri?

Yes — Missouri requires moving companies to register with the state (often through the public utilities commission or transportation department) and obtain proper insurance. For interstate moves, you'll also need a USDOT number. Register your LLC ($50) as a first step.

What insurance do moving companies need in Missouri?

Moving companies in Missouri need general liability insurance, cargo/goods-in-transit insurance, commercial auto insurance for trucks, and workers' compensation. Customers' belongings are your responsibility during the move — adequate insurance coverage is critical.

Do moving companies in Missouri need a separate bank account?

Absolutely — moving companies deal with deposits, final payments, fuel costs, truck maintenance, and seasonal labor. A dedicated business account with AI bookkeeping tracks revenue per job and helps manage the seasonal cash flow swings common in the moving industry.

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Ready to open your account?

Holdings offers free banking with 1.75% APY for moving companies in Missouri. Open your account in minutes.

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