Business CheckingPlus
A more cost-effective way to run your business and earn dividends
As your business grows, so does your volume of transactions. We help you better manage your financial growth with tools for seamless business banking.
- $1,500 minimum balance per statement cycle*
- 500 free transactions, such as deposited items and cleared checks, per statement cycle**
- Bill Pay, with the first 10 payments free
- $75 off first check order or free wallet checks
* $12.00 fee if below $1500 minimum per month
** $.40 per transaction over 500 per month
Empowering Your Business
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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 |
