Business Checking

We know you want to spend your time managing your business – not your bank accounts. When it comes to smart choices in business deposit accounts, you’ll find everything you need here at The Savings Bank!

Let our experienced team of business bankers help choose the right account for your business.

AngeliniPlastering

Business Value Checking

Our Business Value Checking offers:

Business Premier Checking

Our Business Premier Checking is perfect for accounts with a higher volume of transactions and higher balances, and it offers:

IOLTA

IOLTA is an acronym for Interest on Lawyers Trust Accounts.

  • No monthly maintenance fees
  • Only $10 required to open the account
  • Interest paid directly to the Massachusetts IOLTA Committee
  • Online Wire Transfers available (Business Checking and Business Online Banking required)

Deposit Insurance

Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF). Click for information about Deposit Insurance.

Business Schedule of Fees
Business Online & Mobile Banking
Cash Management

From our customers
“I am older and appreciate the ease of banking online. I always get good service at the branches I visit.”

From our customers
“Such a great support center when you need help, and the technology has kept up. I use Zelle which solved a banking problem I had had for years. The team in Greenwood is absolutely excellent! Thank you all.”

From our customers
“Great people. Great service. Convenient.”

From our customers
“Competent, knowledgeable, customer-focused, and very warm and friendly employees.”

From our customers
“I mostly use the Methuen branch. All of the tellers have been wonderful and the branch manager is fabulous.”

From our customers
“I basically never have to go to the bank to deposit a check. it can be done from my phone saving me time, trips and gas which means I can focus on other important tasks.”

From our customers
“I love it here!! Best service all around.”

From our customers
“I spoke to Theresa today and she was incredibly helpful! That is why I bank with you! The personal touch is what makes the difference!”

From our customers
“Their community involvement has made a huge difference in Wakefield over the years.”

From our customers
“Love the tellers at the Lynnfield Center location. Very professional and caring.”

From our customers
“The whole banking center experience is excellent. The website is superior to most for my wants/needs to obtain and store on MY own computer our home banking records.”

From our customers
“Always helpful whether in the branch or online!”

From our customers
“The employees are knowledgeable, reliable, industrious as well as kind and personable.”

From our customers
“Love Lakeside. Mario and staff always greet me by my first name.”

From our customers
“I found your online banking system very user-friendly. I also would like to mention that the staff in the Wakefield branch are professional and very helpful.”

From our customers
“Banking with The Savings Bank was with me for several years & it will always be my bank forever!!”

From our customers
“Bank personnel are always so willing to help. They always greet us with a smile. In this world today, it makes us feel good!”

Talk to The Savings Bank

To find out how The Savings Bank can help you achieve all your financial goals, visit one of our offices, use our contact form, or call us at 800-246-2009.