Your checking account is the heart of your business finances.
Our accounts feature tools, such as Online Banking and Visa® debit card, that give you around-the-clock access to your accounts for optimum efficiency.
All our accounts include:
- Online Banking with Bill Pay
- Mobile Banking with Check Deposit
- Business VISA® Debit Card
- Mobile Wallet - Apple Pay®, Google Pay® & Samsung Pay®
Savings accounts will create even more possibilities for your business. Open an account today and start on the path to a brighter, better future. Choose a solution tailored to your needs and goals.
Business Checking Accounts
|
Business Checking |
Business Select Checking1 |
Corporate Checking |
It's the right checking
account for you if… |
You have a lower transaction volume and are looking to keep costs low. |
You have higher transaction volume and could benefit from Treasury Management Services. |
You have large and complex transaction volume and balances. |
| Benefits & Features |
No minimum balance required
No monthly maintenance fee
300 free items paid/deposited per statement cycle
Deposits insured in full by FDIC and DIF
|
No minimum balance required
500 credits/debits free per month.
Free incoming domestic wires.
Access to two free Treasury Management services.
Deposits insured in full by FDIC and DIF
|
No minimum balance required
Deposits insured in full by FDIC and DIF
|
| Limits and Fees |
None |
$0.50 for each transaction over 300 each month.
$40 monthly maintenance fee waived with $40K average daily balance across all Business Checking accounts under the same EIN.
|
$12 monthly maintenance fee. Earnings Credit Allowance may offset fees. |
| What You Need to Open |
You will need:
Incorporated Business
Business name
EIN of the business
Completed business questionnaire
Articles of incorporation
Sole Proprietor
Owner's name
Business name
Completed business questionnaire
Business certificate
|
You will need:
Incorporated Business
Business name
EIN of the business
Completed business questionnaire
Articles of incorporation
Sole Proprietor
Owner's name
Business name
Completed business questionnaire
Business certificate
|
You will need:
Incorporated Business
Business name
EIN of the business
Completed business questionnaire
Articles of incorporation
Sole Proprietor
Owner's name
Business name
Completed business questionnaire
Business certificate
|
|
Open an Account
|
|
Visit one of our branches
|
1. A $500 cash bonus will be credited to a new Pentucket Bank Business Select Checking account opened after May 12th, 2025, when the account is funded with money not currently on deposit to Newburyport Bank, maintains an average balance of at least $10,000 for the first three consecutive statement cycles, and uses at least one qualifying Treasury Management service. If all requirements are met and the account remains open, the bonus will be credited at the end of the fourth statement cycle. Limit one bonus per Employer Identification Number (EIN), regardless of the number of accounts opened. The bonus is reportable for tax purposes and may be considered taxable income. Offer may be withdrawn at any time without notice.Treasury Management services include Positive Pay, ACH Origination, or Remote Deposit Capture. Monthly fee of $40 will be charged if $40,000 average daily balance requirements are not met. Monthly balance requirement may be met by aggregating Pentucket/Newburyport Bank Business Checking accounts and under the same EIN number. Qualifying items are deposits, checks paid, checks deposited, and ACH credits received. Any item after 500 will be charged a fee of .50 per item.
Business Savings Account
|
Business Statement Savings |
| Suitable if you want to... |
Access savings |
| Minimum to open |
$10 |
| Monthly maintenance fee |
None |
| Minimum to earn interest |
None |
Business Money Market Account
|
Business Money Market |
| Suitable if you want to... |
Build your savings quickly |
| Minimum to open |
$1,000 |
| Monthly maintenance fee |
$10 minimum balance fee waived with $1,000 daily balance
A minimum balance fee of $10 will be imposed each statement cycle if the daily balance falls below $1,000
|
| Minimum to earn interest |
$1,000 |
Looking to open a Business Checking or Savings account?
Or call us at 978-372-7731
