Your Business Checking Account is the Heart of Your Company's Financial Control. Choose a checking account that can let you match your banking to your business. NewAlliance business customers can also sign up for telephone banking that gives you such services as a faxed Insta-Statement and Check Verification. Business customers may also qualify for Cash Reserve, a credit line that automatically activates to cover checks if you overdraw your account or Check Coverage, an automatic transfer from a Business Money Market Savings account.