What's the latest on Business Checking? Is five transactions required to waive the monthly fee? I plan on closing my personal account; does this affect the business account?

Yes 5 debit card transactions are grandfathered - it can be either PIN or non PIN but I always do it non PIN.

Dont think canceling the personal account would affect business account - it is the other way round - the business account carries the personal account, i.e. only need 5 debit card transactions on the business account to make both accounts free of monthly charge. Because of that I dont see any need to close the personal account, especially there would not be any similar promotion in the future thanks to the new laws.