Business CHECKING OPTIONS
From low- or no-cost business checking to fully analyzed accounts with Earnings Credit and complete cash management solutions, we can help you minimize the time, effort, and money you spend on banking!
First Ipswich Bank Business Checking Options
|BUSINESS CHECKING||BUSINESS GOLD CHECKING||COMMERCIAL CHECKING||IOLTA CHECKING||NON-PROFIT CHECKING WITH INTEREST|
|Monthly maintenance fee||$7.50||$22.00||$16.00||Free||Free|
|Earns interest||No||No||Earnings Credit||Yes||Yes|
|Minimum balance to waive monthly maintenance fee||$5,000 average monthly account balance||
$12,500 average monthly balance or $25,000 average monthly combined balance1
|Per item fees2||First 150 free, then $.50 for each item thereafter||First 500 free, then $.50 for each item thereafter||$.20 for each check paid, $.75 for each deposit, $.15 for each item deposited||None||First 200 free, then $.75 for each item thereafter.|
- Combined balance for Business Gold Checking is calculated by adding together the average daily balance of all your savings, checking and money market accounts since their last statement date (note: CD balances are not combined).
- An item is defined as each debit, credit, or deposited item. Additional fees may apply for other transaction types.