Compare Checking Accounts
Find the account that will best accommodate the day-to-day financial needs of your business.
| Features | Basic Business Checking | Premier Business Checking | IOLTA |
|---|---|---|---|
| Minimum to Open | $100 | $100 | $100 |
| No Monthly Maintenance Charges |  | | |
| Earns Interest | | | |
| Debit Card | | | |
| Online Banking | | | |
| Mobile Banking | | |
Basic Business Checking
Our most basic business checking account is available to businesses of all types. It has no monthly service charges, but still gives you access to convenient banking benefits and services. This account is suitable for Corporations/LLC, Partnerships/LLP, Sole Proprietor/DBA and Non Profit organizations.
- No minimum monthly balance requirement
- No monthly service charges
- Unlimited check writing
- Free business debit card
- FREE Basic Online Business Banking
- $100 minimum to open
Not responsible for surcharges or fees imposed by other banks, ATM operators and/or any networks based outside of the continental United States, Alaska, Hawaii or U.S. Territories.
Premier Business Checking (with Interest)
Earn tiered interest rates based on your monthly balance. As the balance grows over time, you’ll earn a more competitive return. Plus, with no minimum balance requirements, you won't have to worry about fees. Corporations/LLC, Partnerships/LLP, Sole Proprietor/DBA and Non Profit organizations can utilize this account.
- A tiered interest rate is paid based on monthly balance
- No monthly service charge
- Unlimited check writing
- Free business debit card
- FREE Basic Online Business Banking
- $100 minimum to open
Not responsible for surcharges or fees imposed by other banks, ATM operators and/or any networks based outside of the continental United States, Alaska, Hawaii or U.S. Territories.
Interest on Lawyers Trust Account (IOLTA)
Keep Attorney/Client money separate from a regular business account with this designated account. Interest earned on this account is remitted to the Massachusetts State Bar.
- Monthly statement received
- Interest credited quarterly
- Interest earned is submitted to the Massachusetts Bar Association quarterly
- Attorney submits an Attorney Enrollment Notice to the Massachusetts IOLTA Committee
- $100 minimum to open
Refer-A-Business
As a bankESB business customer, you can earn $100* just for referring your network to try bankESB Business Checking.
Our Refer-A-Business program is designed to thank you for your business and rewards you for referring our products and services.
- Download and print our Refer-A-Business card or obtain them from your local branch.
- Write your name on the cards and give them to the businesses you are referring.
- When a new business checking account is opened with your referral handout, your business account will receive $100.*
* $100.00 will be credited to your business account after the business you refer opens a new bankESB Business Checking account and provides your business name at account opening. The business you refer must be a new bankESB business checking customer. $100 will be paid into your business account by the last day of the statement cycle following the 60th day the account was opened. By participating, each business may be aware that the other is a customer of bankESB. The referring person must have a business checking account at bankESB and be authorized to transact on behalf of the referring business. This is a limited time offer and subject to change anytime without notice. In accordance with applicable regulations, bonus payouts may be 1099 reportable.
