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)
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|