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Eastern Business Banking

At Eastern Bank, we understand that every business needs to stay on top of its cash flow. We also understand that businesses don't all have the same banking needs. That's why we offer Eastern Business BankingTM, a flexible, easy to use and convenient online banking solution. In addition, all Eastern Bank business customers have access to Monit when banking with us, a mobile-friendly financial assistant for business owners that helps you stay on top of and project future cash flow and more.

For questions about the application or for more information, call our Business Services Team at 1-800-333-8000.

Features and Benefits

Account Management

  • View account activity up to one year, including check images
  • View account statements online
  • Initiate standard and extended stop payments
  • Download transactions into QuickBooks or Quicken
  • Establish alerts to notify you of particular account activities
  • Access multiple business entities
  • Access both business and personal accounts
  • Establish controls with user administration for multiple users
  • Enjoy mobile access to your accounts
  • Deposit checks from your home or office with Remote Check Deposit1   

Pay and Transfer

  • Make one time transfers between your Eastern accounts
  • Make one time or recurring payments online with bill pay
  • Ability to make loan payments or advances
  • Initiate employee payroll, expense reimbursement or child support transactions2
  • Initiate consumer credit or business credit and collection transactions2
  • Initiate domestic and foreign USD wires online2
  • Make tax payments online2

Monit

  • Project future cash flow
  • Accounts payable assistance
  • Real-time revenue tracking
  • Personalized insights every time you sign in

To enroll, print our online Eastern Business Banking Application, and bring the completed application to your local branch. 

Click here to review the Business Deposit Account Agreement

Click here to review the Business Banking Fee Schedule

  1. Monthly maintenance for Small Business Remote Check Deposit is $40 per month. Click here to refer to the Business Banking Fee Schedule
  2. Additional fees may apply. Click here to refer to the Business Banking Fee Schedule
Monit

Manage your business anytime, anywhere with Monit™

Introducing a digital financial assistant that gives you the numbers that matter most.

  • Automated cashflow forecasting
  • Actionable insights for your business
  • Real-time planning tools, such as a PPP calculator to help you project and optimize forgiveness