Business Checking Accounts

Minimum to Open: $100

Product Pricing & Charges: 

• $8.00 monthly service charge
• No monthly charge if average daily collected balance during the statement cycle is $2,000 or more.
• $.30 per item fee imposed for debit and credit items over the first 300 during the monthly statement cycle.
• ATM/POS fees waived (proprietary and foreign)

Features & Restrictions:

• ATM Card
• Debit Card
• Free Internet Banking
• Free Bill Pay
• Free Telephone Banking
• Image checks returned

Minimum to Open: $100

Product Pricing & Charges: 

• $12.00 monthly service charge
• $.15 per debit and $.10 per deposited item
• ATM/POS fees waived (proprietary and foreign)
• Note:  Account Analysis – service charge credits for this account is determined through account analysis using the average collected balance)

Features & Restrictions:

• ATM Card
• Debit Card
• Free Internet Banking
• Free Bill Pay
• Free Telephone Banking
• Image checks returned

Minimum to Open: $100

Product Pricing & Charges: 

• $6.00 monthly service charge
• No monthly charge if average daily collected balance per statement cycle of $1,000 is maintained.
• $.25 per debit fee
• $1,000 minimum average daily balance to earn interest
• ATM/POS fees waived (proprietary and foreign)

Features & Restrictions:

• ATM Card
• Debit Card
• Free Internet Banking
• Free Telephone Banking
• Overdraft Line of Credit*
• Image checks returned

*Loan Application and Approval Required

Minimum to Open: $0

Product Pricing & Charges: 

• No monthly service charges
• No minimum average daily balance to earn interest

Features & Restrictions:

• Free Internet Banking
• Free Telephone Banking
• Check images returned
• The interest earned on collected funds is submitted to the CT Bar Association for IOLTA accounts and the Interest on Lawyers Account Fund of the State of New York for IOLA’s.

Minimum to Open: $0

Product Pricing & Charges: 

• No monthly service charges
• No minimum average daily balance to earn interest

Features & Restrictions:

• Free Internet Banking
• Free Telephone Banking
• Check images returned
• The interest earned on collected funds is submitted to the CT Housing Financing Authority (CHFA).

Minimum to Open: $2,000

Product Pricing & Charges:  

• $2,000 minimum average daily collected balance to earn interest
• $6.00 monthly service charge (no monthly charge if average daily collected balance per statement cycle of $2,000 is maintained).
• Tiered rate structure:
  • $0 to $1,999.99
  • $2,000 to $9,999.99
  • $10,000 to $24,999.99
  • $25,000 to $49,999.99
  • $50,000 to $99,999.99
  • $100,000 to $249,999.99
  • $250,000 and up

Features & Restrictions:

• ATM Card
• No Debit Card
• Free Internet Banking (No Bill Pay)
• Free Telephone Banking
• Image checks returned

Minimum to Open: $1,000,000

Product Pricing & Charges:  

• $1,000,000 minimum average daily collected balance to earn interest.
• $25.00 monthly service charge (no monthly charge if average daily collected balance per statement cycle of $1,000,000 is maintained).
• Tiered rate structure:
  • $0 to $999,999.99
  • $1,000,000 and up

Features & Restrictions:

• ATM Card
• No Debit Card
• Free Internet Banking (No Bill Pay)
• Free Telephone Banking
• Image checks returned