Checking Accounts

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.

Most popular
 

Free Business Checking

Select Business II Checking

Premier Business Checking

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

Eastern OfficeConnectSM

Eastern OfficeConnectSM

Eastern OfficeConnectSM

Cash Reserve Line of Credit available

X

X

X

Ability to link a savings account and make fund transfers

X

X

X

Other benefits

 

 

 

  • Free personal Premier Checking for business owners
  • Free account access with QuickBooks
  • Discount on payroll service
  • No-fee to use other banks’ ATMs and reimbursement of other banks’ surcharges 3
  1. Transactions include checks paid, ACH debits, ATM withdrawals, debit card/point-of-sale transactions and deposited items.

  2. Certain exclusions apply. See a Business Banking Officer or call 1-800-333-8000 for details.

  3. Up to 10 per month.