At Pentucket Bank, we have created a range of financial services that makes business banking easy. We call it Pentucket Business Advantage, an innovative and simplified approach to banking that offers value pricing.
We invite you to review the Pentucket Bank portfolio of Business Checking services.
Benefits small businesses that generate less than 100 transactions per statement cycle.
- No Minimum Balance Fee.
- Unlimited deposits and deposited items at no charge.
- No monthly maintenance fee.
Benefits the high-balance, high-transaction volume business.
- Generous earnings credit provides an opportunity to offset monthly maintenance fees and transactions charges. 1
Benefits sole proprietors.
- Earns interest. 2
- Rewards larger balances with premium rates of interest.
- Provides an established number of transactions each month.
- Monthly fee waived by maintaining a modest minimum-balance requirement.
Benefits civic and non-profit organizations that generate less than 100 transactions per statement cycle.
- Earns interest. 3
- Low cost.
IOLTA stands for "Interest on Lawyers Trust Accounts". Lawyers place short-term client deposits into pooled interest bearing accounts, with interest earned remitted to IOLTA Committee. The IOLTA funds support the delivery of Civil Legal Services to the poor. IOLTA is a partnership between the legal and banking community which provides a critical public service.
Our Business VISA Debit Card may be used as an ATM card or for payment on purchases anywhere VISA is accepted, just like a credit card is accepted however; your purchases are being deducted from your Pentucket Bank Business Checking Account. Use the card to access your account at ATMs worldwide. You may request additional cards with pre-determined spending limits for employee use
Pentucket Bank is a member of the SUMsm Program, you can avoid ATM surcharges by using participating SUM ATMs. Just look for the SUM logo when you need cash. Non-SUM ATM owners may charge for use of their ATMs. Visit the SUM Program web site for a list of participating ATM locations.
We are a member of the NYCE Shared Deposit Program that enables you to make deposits at any ATM that displays a NYCE Shared Deposit logo.
- Provide your employees with lower mortgage rates, reduced closing costs and premium rates on deposit accounts, plus much more.
- ACH
- Business VISA Debit Card
- Cash Management Advantage Online
- Commercial Loans/Lines
- Direct Deposit
- Electronic Tax Payment Service
- Express Transfers
- Fax Services
- Foreign/Domestic Wire Transfers
- Lock Box
- Merchant Credit Card Service
- Money Manager Sweep
- Night Deposit
- Payroll Services
- Retirement Planning
- Safe Deposit
- Treasury Tax and Loan Payments
To learn more, simply visit one of our branches, call 978-372-7731, or submit your request for more information via email.
Pentucket Bank's in-house check printing offers a selection of quality checks at discounted prices. Simply complete the Smart Check Order Form and pick up your order in two days at the branch location of your choice. For consumer check styles, go to Personal Banking
As a Pentucket Bank customer, you can conveniently order your checks from Deluxe online.
1 Fees can be offset by earnings credit. The earnings credit changes periodically without notice at the Bank's discretion.
2 Interest earned on balances of $1,000 or more.
3 Interest earned on balances of $500 or more.
