Checking

Checking

Upgrade Your Business Checking Relationship

By choosing East Cambridge as your financial partner, you’ll have a true relationship; we'll be easy to communicate with, available when you need us, and will always have your best interests in mind. This is in addition to all the typical business banking features like linking up your checking account to all of our online and mobile banking, cash management services, sweep accounts, lines of credit, merchant services, and investment accounts.

No Hidden Fees Business Checking

Featuring no monthly fees or balance requirements, this solution is designed to answer the needs of our local small businesses and non-profit organizations.

Premier Business Checking

Built to power businesses with high transaction volumes, our Premier Business Checking account is a leading alternative for those using a “big bank” for their business banking.

Commercial Checking

Our most feature rich account, Commercial Checking is designed to be the backbone of your business’s operations while offering monthly earnings credits to your account. This solution is ideal for any business looking for a robust and powerful bank account.

Checking Comparison Table

No Hidden Fees Business Checking Premier Business Checking Commercial Checking
Monthly maintenance service charge None $25 (Monthly fee waived if account maintains a daily balance of $10,000 or a combined average monthly balance of $25,000). $10.00 and $0.18 per paid item or electronic debit/credit, $0.95 for first 10 deposits, $1.25 for the 11th deposit and above, and $0.12 per deposit item.
Monthly earnings credit allowance N/A N/A $0.10 for each $100 in average collected balance on deposit for the month is applied to reduce monthly service charges.
Number of free monthly transactions 200 500 N/A
Per transaction fee $0.15 (after first 200) $0.50 (after first 500) N/A
Digital Banking Yes Yes Yes
eStatements Yes Yes Yes
Point of Sale (POS) fee per transaction (Pinned) $0.50 $0.50 $0.50
POS fee per transaction (Signature) Free Free Free
ECSB ATMs Free Free Free
Non-ECSB ATMs $1.50 $1.50 $1.50
Other fees may apply, please refer to our Commercial Accounts Schedule of Charges.

1. Any monthly credit allowance earned will not be applied to reduce the monthly service charge assessed for each deposit after the first 10 deposits.

2. Transactions are any credit or debit from your account.

3. This service requires a separate application. Fees may apply with the addition of optional services. Please refer to the Schedule of Charges Amendment in the Online Business Banking User Agreement (PDF) for more information.
 

East Cambridge at Your Service

  • Catia Aruda Image

    Catia Aruda

    AVP, Business Development Officer
    NMLS ID: #1058143
    617.551.2477
    Email Catia
  • Ernest Chevrette Image

    Ernest Chevrette

    VP, Business Banking Manager
    NMLS ID: #1574507
    617.551.2401
    Email Ernest

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