Business Banking for Moving Companies in Texas
Free business checking with 1.75% APY, built-in accounting, and unlimited sub-accounts for moving companies in Texas.
Starting a Moving Business in Texas
Licensing
Texas Department of Motor VehiclesState Tax Rate
0% (no state income tax)
LLC Filing Fee
$300 (LLC)
Major Markets
Houston, Dallas, San Antonio, Austin, Fort Worth
Key Requirements in Texas
Best Banks for Moving Companies in Texas
Compare Texas's top business banking options for moving companies.
Holdings
$0/mo · 1.75% APYFree business checking with built-in AI accounting, unlimited sub-accounts, and FDIC insurance up to $3M. Available nationwide including Texas.
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
Frost Bank
Regional bankBest for: moving companies wanting a no-fee Texas business account
Pros
Texas-based, extensive statewide branch network, no monthly fees on basic business checking
Cons
Limited presence outside Texas
Independent Financial
Regional bankBest for: moving companies needing commercial loans in Texas
Pros
Texas-focused, strong commercial and SBA lending
Cons
Moderate branch density
Veritex Community Bank
Community bankBest for: moving companies in the Dallas–Fort Worth area
Pros
Dallas-based, business-first approach, fast decisions
Cons
Primarily DFW metro
Why Moving Companies in Texas 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 Texas — FAQ
Do I need a license to start a moving company in Texas?
Yes — Texas 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 ($300) as a first step.
What insurance do moving companies need in Texas?
Moving companies in Texas 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 Texas 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 Texas. Open your account in minutes.
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