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 $2,5000 average monthly combined balance 2
|Per item fees1||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.|
- An item is defined as each debit, credit, or deposited item. Additional fees may apply for other transaction types.
- Combined balance includes all business checking, savings and money market account balances (note: CD balances are not combined).