Select Business I Checking

man working in the freezer of an ice cream warehouse

Features and Benefits

Free use of Eastern Bank and non-Eastern ATMs.¹
Free Eastern Bank Debit Mastercard BusinessCard®.
Free online banking with bill pay
The option to apply for Cash Reserve Line of Credit to guard against the hassle and expense of overdrafts.²
Ability to combine balances from your Select Business Checking I and Money Market account to offset service fees.

_{1. ATM transactions count towards the number of checking account transactions allowed each month. ATM fees can be avoided by choosing SUM^® Program ATMs, designated with the SUM^® logo on the exterior of the ATM. SUM^® is administered by and is a registered trademark of the NYCE Payments Network, LLC, an FIS Company.}
_{2. Available for qualified applicants.}

Apply at any branch or call our Business Services Team at 1-800-333-8000.

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Fees

Account Fees

Amount

Monthly fee

$11

Minimum balance to waive fee

$10,000 minimum daily balance

Balances included in fee waiver

Select Checking and Money Market

Minimum opening deposit

$50

Number of free monthly transactions¹

100

Excess transaction fee

$0.30 per transaction

Click here to review the Business Banking Fee Schedule
Click here to review the Business Deposit Account Agreement
Click here to review the Business Overdraft Services and Fees

1. Transactions include checks paid, ACH debits, ATM withdrawals, debit card/point-of-sale transactions, and deposited items.

A customer at an Eastern Bank branch counting money that was handed to her by the bank teller

Select Business I Checking

If you have low monthly transaction volume, but have checking and money market account balances of $10,000 or more, you may consider our Select Business I Checking account.

Features and Benefits

Fees

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