Choose the checking account that is best for your business based on your anticipated minimum balance and your monthly transactional needs. We offer a variety of checking accounts, some designed specifically to serve the needs of professionals managing service-based businesses.
Features and requirements for each of our checking services are listed below. We would be pleased to help you select the account type that most efficiently services your needs. For assistance or to learn more, please contact a Client Service Representative at 617-555-0140.
Plus Business Checking
For businesses with low monthly checking activity
What’s in it for you
- Free transactions up to 250 items per month (15¢ per item after)
- Free online banking and bill pay
- Free coin and currency deposits
- Free ATM withdrawals at any of over 1,500 SUMSM-participating network ATM machines in Massachusetts and even more across the U.S.
- Free monthly electronic statement
Account requirements
- No minimum balance
- No monthly maintenance fee
Premier Business Checking
For businesses with moderate monthly checking activity
What’s in it for you
All of the above, plus:
- Free Personal Premier Checking account for business owners and signers
- Free transactions up to 500 items per month (15¢ per item after)
- Discounted payroll services
- Discounted remote deposit capture equipment
- Free monthly electronic or paper statement
- Reduced wire transfer fee
Account requirements
- No monthly maintenance fee with a combined relationship balance of $5,000 or greater; $15/month otherwise
Platinum Business Checking
For businesses with moderate to heavy monthly checking activity
What’s in it for you
All of the above, plus:
- Free Personal Platinum Checking account for business owners and signers
- Free transactions up to 750 items per month (15¢ per item after)
- Free optional sweep feature into Business Plus Savings
Account requirements
- No monthly maintenance fee with combined relationship balance of $40,000 or greater; $40/month otherwise
- Free sweep feature requires an average monthly checking account balance of $40,000 or greater
Analysis Checking
For businesses with a very high level of monthly checking activity
What’s in it for you
- A detailed analysis of your business banking activity and a customized program to accommodate your needs
Account requirements
- An option for larger businesses with more than 750 transactions per month
Professional Advantage
An account created for attorneys, CPAs, and medical professionals
What’s in it for you
- Free Personal Premier Checking account
- Free transactions up to 250 items per month (15¢ per item after)
- Discounted payroll services
- Discounted remote deposit capture equipment
- Free online banking and bill pay
- Free coin and currency deposits
- Free ATM withdrawals at any of over 1,500 SUMSM-participating network ATM machines in Massachusetts and even more across the U.S.
- Reduced wire transfer fee
- Free monthly electronic statement
Account requirements
- Lawyers, CPAs, and medical professionals
- No minimum balance
- No monthly maintenance fee
IOLTA
An account designed specifically for attorneys
What’s in it for you
- No incoming and outgoing wire fees
- Free online banking and bill pay
- Free monthly electronic or paper statements
Account requirements
- No minimum balance
- No monthly maintenance fee