Checking
Checking
BUSINESS CHECKING
Despite the endless variations of industry types, sizes, and operational quirks, every business needs some form of checking account to be the backbone of their finances. Our checking solutions scale effectively to how you operate, regardless of size or complexity.
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.
Checking Comparison Table
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No Hidden Fees Business Checking |
Premier Business Checking |
Commercial Checking |
Monthly maintenance service charge
|
None
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$25 (Monthly fee waived if account maintains a daily balance of $10,000 or a combined average monthly balance of $25,000).
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$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.
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Monthly earnings credit allowance
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N/A
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N/A
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$0.10 for each $100 in average collected balance on deposit for the month is applied to reduce monthly service charges.
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Number of free monthly transactions
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200
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500
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N/A
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Per transaction fee
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$0.15 (after first 200)
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$0.50 (after first 500)
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N/A
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Digital Banking
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Yes
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Yes
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Yes
|
eStatements
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Yes
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Yes
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Yes
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Point of Sale (POS) fee per transaction (Pinned)
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$0.50
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$0.50
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$0.50
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POS fee per transaction (Signature)
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Free
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Free
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Free
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ECSB ATMs
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Free
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Free
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Free
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Non-ECSB ATMs
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$1.50
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$1.50
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$1.50
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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
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Catia Aruda
AVP, Business Development Officer
NMLS ID: #1058143
617.551.2477
Email Catia
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Ernest Chevrette
VP, Business Banking Manager
NMLS ID: #1574507
617.551.2401
Email Ernest