Pentucket Bank is focused on meeting the unique needs of your business and offers a convenient suite of products for your business banking needs. Our checking, savings and money market accounts provide a solid foundation for the easy movement and management of your business funds.
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| Accounts | Small Business Advantage | Business Advantage plus | Commercial Advantage | Business Now Advantage | Non-Profit Advantage | Business Statement Savings | Business Emerald Money Market |
|---|---|---|---|---|---|---|---|
| Best Used For | Accounts clearing less than 100 items (check & ACH) per month. Unlimited free deposits | Accounts clearing up to 300 items (check & ACH) per month. Unlimited free deposits | Accounts with high volume activity | Tiered interest rate account for qualified businesses | Available to non-profit organizations | Segregation of funds and interest earnings | An interest bearing account with tiered rates to maximize your earnings while keeping your liquidity |
| Minimum to Open | $25 | $25 | $25 | $25 | $25 | $10 | $10 |
| Monthly Service Charge | None (.50 cents per excess debit item over 100) | None, if $5,000 average daily balance maintained, otherwise $20 fee. (.50 cents per excess debit item over 300) | $15 plus per item charges. Earnings credit may offset charges | $12 if $5,000 Minimum Daily Balance is not met | None | None | $10 if $1,500 Minimum Daily Balance is not met |