Business Checking
For seamless financial operations
Have peace of mind and enable future growth with a business checking account that makes it easy to stay on top of the financial aspect of your business. Our Business Checking account includes perks such as:
- $200 minimum balance per statement cycle*
- 500 free transactions, such as deposited items and cleared checks, per statement cycle**
- Free online banking bill pay
- $50 off first check order or free wallet checks
* $7.00 fee if below $200 minimum per month
** $.40 per transaction over 500 per month
Empowering Your Business
Easy 3-Way Application
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Main Office
Address
300 Bemis Road, Fitchburg, MA 01420
Phone
Main Office (800) 262-1001
Email
[email protected]
Get in touch with us
Get the best rate for you
Business Checking Rates
| ACCOUNT NAME | DIVIDEND RATE | APY |
|---|---|---|
| Business CheckingPlus | 0.05% | 0.05% |
Business CheckingPLUS is $5 and the minimum balance to earn dividend is $50.00. A $12.00 fee will apply if your balance falls below $1500 minimum per month. Fees may reduce earnings. | ||
APY = Annual Percentage Yield Fees may reduce earnings on applicable accounts. | ||
Business Fee Schedule
Effective as of November 1, 2024
| BUSINESS CHECKING | |
|---|---|
| Business Checking ($200 minimum) | $7.00 per month + $0.40 per check and deposited item after the first 500 items |
| Business CheckingPlus ($1,500.00 min) | $12.00 per month + $0.40 per check and deposited item after the first 500 items |
| Bill Pay | 1-10 Bill Payments FREE11-40 Bill Payments $10.0041 and above Bill Payments $0.50 per item |
| OTHER SERVICES & CHARGES | |
| Statement Copy | $5.00 per statement plus research fee |
| Stop Payment Request | $25.00 each |
| Account Activity Printout (branch) | $2.00 each |
| Check or Form Image | $2.00 each |
| Account Research/Reconciliation (1 hr. minimum) | $20.00 per hour |
| Government Levy | $50.00 per levy |
| Official Check - less than $1,000.00 | $3.00 each |
| Official Check - $1,000.00 and over | $5.00 each |
| Certified Check | $20.00 each |
| VISA® Debit Card Foreign ATM Transaction Fee | $1.00 per transaction |
| VISA® Debit/Credit Card Replacement | $10.00 |
| Wire Transfer - Domestic | $25.00 each |
| Wire Transfer – International | $50.00 each |
| Foreign Check Collection | $25.00 each |
| Returned Deposited Check | $15.00 each |
| Dormant Account | $5.00 per month |
| Cloth Bags with IC Logo and Locks | $30.00 each |
| Keys to Night Depository Box | $3.00 each |
| Lost Night Depository Box Key Replacement | $15.00 each |
| Credit Union Assisted Telephone Payments | $10.00 each |
| New Account Early Closeout | $10.00 |
| The following fees can be caused by checks, in-person withdrawals, ATM withdrawals, ACH or other electronic means. | |
| Insufficient Funds Charge (NSF) (Labeled on statement as Return ACH Charge or Return Check NSF) | $30.00 per item |
| Uncollected Funds Charge | $30.00 per item |
| IC Courtesy Pay Overdraft Sweep (Labeled on statement as Overdraft Transfer Fee) | $15.00 per day |
