Your business demands a lot from you. Why not demand more from your banking relationship? At Eastern Bank, we offer a full range of accounts designed to deliver the value, service, and convenience your business demands in these competitive times.
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Free Business Checking |
Select Business II Checking |
Premier Business Checking |
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|---|---|---|---|
| Ideal for | Start-ups, sole proprietorships, or not-for-profit businesses with fewer than 100 monthly banking transactions | Small-to-midsize businesses with moderate transaction volume or combined checking and money market balance of $20,000 or more | Businesses with up to 500 monthly transactions or a combined balance of $40,000 or more |
| Monthly service charge |
None |
$18 |
$50 |
| Minimum balance to waive fee |
N/A |
$20,000 minimum daily balance |
$40,000 combined average daily balance |
| Number of monthly transactions included in fee 1 |
100 |
200 |
500 |
| Excess fee per transaction |
$0.50 |
$0.30 |
$0.50 |
| Balances included in minimum |
N/A |
Select Checking and Money Market |
Business deposit balances 2 |
| Online banking with bill pay | |||
| Cash Reserve Line of Credit available |
X |
X |
X |
| Ability to link a savings account and make fund transfers |
X |
X |
X |
| Other benefits |
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|
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Transactions include checks paid, ACH debits, ATM withdrawals, debit card/point-of-sale transactions and deposited items.
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Certain exclusions apply. See a Business Banking Officer or call 1-800-333-8000 for details.
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Up to 10 per month.
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Free Business Checking |
Select Business I Checking |
Select Business II |
|
|---|---|---|---|
| Ideal for | Start-ups, sole proprietorships, or not-for profit businesses with fewer than 100 banking transactions | Smaller businesses with low transaction volume or combined checking and money market balance of $10,000 or more | Small-to-midsize businesses with moderate transaction volume or combined checking and money market balance of $20,000 or more |
| Monthly service charge |
None |
$11 |
$18 |
| Minimum balance to waive fee |
N/A |
$10,000 minimum daily balance |
$20,000 minimum daily balance |
| # of monthly transactions included in fee 1 |
100 |
100 |
200 |
| Excess fee per transaction |
$0.50 |
$0.30 |
$0.30 |
| Balances included in minimum |
N/A |
Select checking and money market |
Select checking and money market |
| Online banking with bill pay | |||
| Cash Reserve Line of Credit available |
X |
X |
X |
| Ability to link a savings account and make fund transfers |
X |
X |
X |
- Transactions include checks paid, ACH debits, ATM withdrawals, debit card/point-of-sale transactions and deposited items.
|
Premier Business Checking |
Cash Management Checking |
|
|---|---|---|
| Ideal for | Businesses with up to 500 monthly transactions or a combined balance of $40,000 or more | Larger companies with multiple checking accounts and a need for treasury management services |
| Monthly service charge |
$50 |
$21 |
| Minimum balance to waive fee |
$40,000 combined average daily balance |
Earnings credit paid to offset service fees 3 |
| Balances included in minimum |
Business deposit balances 1 |
N/A |
| Transaction fees 2 |
500 free transactions included |
$0.20 per check fee |
| Online banking with bill pay | ||
| Ability to link a savings account and make funds transfers |
X |
Can link multiple accounts for earnings analysis report |
| Other benefits |
• Free account access with QuickBooks • Discount on payroll service • No fee to use other banks’ ATMs – and reimbursement of other banks’ surcharges 4 |
Access to a wealth of cash management services |
- Certain exclusions apply. Visit an Eastern Bank branch or call 1-800-333-8000 for details.
- Transactions include checks paid, ACH debits, ATM withdrawals, debit card/point-of-sale transactions and deposited items.
- Fees may be offset in whole or in part by earnings credit generated from your account balances.
- Up to 10 per month.