Running a successful business requires getting the most from every dollar. At Eastern Bank, we offer a wide array of solutions to help you get more out of your savings, and enjoy the assurance of FDIC protection.
Savings & Money Market
Certificates of Deposit
| Business Select Money Market |
Business Prime Liquid Assets |
Business Statement Savings |
|
| Ideal for | Businesses that want a versatile account and a premium interest rate | Businesses looking for a savings option with limited check writing | Businesses looking for a low-cost account that earns interest regardless of account balance |
| Minimum Opening Deposit |
$50 |
$50 |
$25 |
| Monthly service charge |
$7 |
$7 |
$2 |
| Minimum daily balance to waive fee |
$2,500 |
$2,500 |
$500 |
| Interest paid | View Rates | ||
| Ability to access account using an Eastern Bank Business ATM/Debit Card |
X |
X |
X |
| Check writing capability1 |
|
X |
|
- In each monthly statement period, you may make no more than six (6) transfers and/or withdrawals by means of preauthorized, automatic telephone or computer instructions or checks when applicable.
We understand that you may have long-term savings goals for your business. Our Certificates of Deposit are ideal for businesses that don’t require access to their funds and prefer the security of a fully insured investment.
Features and Benefits
- Flexible terms to meet your needs – from three months to five years. View rates.
- Low minimum opening deposit – just $500
- Guaranteed fixed rate for the entire term
- The security of FDIC insurance protection