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.
|
Business |
Business |
Business |
Business |
|
|---|---|---|---|---|
| Ideal for | Customers with balances between $10,000 and $1 million looking for our very best interest rates | 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 | $10,000 in money not previously on deposit with Eastern Bank |
$50 |
$50 |
$25 |
| Monthly service charge | $7 |
$7 |
$7 |
$2 |
| Minimum daily balance to waive fee | $2,500 |
$2,500 |
$2,500 |
$500 |
| Interest paid | View Rates | View Rates | ||
| Ability to access account using an Eastern Bank Business ATM/Debit Card | X |
X |
X |
X |
| Check writing capability1 |
|
X |
|
|
| Learn More |
- 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
The Business Select Money Market Plus is available in branch only. Use our branch locator tool to find the branch closest to you.
For more information, call 1-800-333-8000.