Business Checking

Business Checking

Simple access that lets you focus on what really matters

With straightforward solutions for managing your cash and payments, Andover Bank combines local expertise, specialized products, and dedicated services to make cash management a breeze.

While you focus on running your business, we’ll keep your cashflow accessible and easy to manage.

All business checking accounts feature:

Compare Business Checking Free Business Checking Commercial Interest Checking

Monthly Service Charge

$6.50

$0

$15.00

Balance to Avoid Monthly Fee

An earnings credit offsets monthly fee

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$10,000
(anytime during the cycle)

Transaction Items Per Month

Free items deposited;
$0.15 per check paid

75;
$0.25 each thereafter

75;
$0.25 each thereafter

Earns Interest

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Checkmark
Rates

Special Features

3.5% earnings credit for every $100 average balance maintained

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Unlimited, no-fee electronic transactions

 

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Business Checking

Monthly Service Charge

$6.50

Balance to Avoid Monthly Fee

An earnings credit offsets monthly fee

Transaction Items Per Month

Free items deposited;
$0.15 per check paid

Earns Interest

--

Special Features

3.5% earnings credit for every $100 average balance maintained

Learn more

Free Business Checking

Monthly Service Charge

$0

Balance to Avoid Monthly Fee

--

Transaction Items Per Month

75;
$0.25 each thereafter

Earns Interest

--

Special Features

--

Learn more

Commercial Interest Checking

Monthly Service Charge

$15.00

Balance to Avoid Monthly Fee

$10,000
(anytime during the cycle)

Transaction Items Per Month

75;
$0.25 each thereafter

Transfer the Cents

Checkmark
Rates

Special Features

Unlimited, no-fee electronic transactions

Learn more

Business Checking

With free unlimited deposit items and a 3.5% earnings credit for every $100 average balance maintained, your business's money goes further. Low flat fee for checks paid ($0.15) and a simple $6.50 service fee are easily offset by earnings credit.

Free Business Checking

Straightforward, fee-free access to your funds that's perfect for non-profit organizations, sole proprietors, and small businesses. 75 free transaction items included each month ($0.25 each thereafter). Transactions are each deposited, paid, or cashed item, such as checks, cash deposits and withdrawals.

Commercial Interest Checking

Put your excess funds to work. Tiered interest earning structure and unlimited no-fee electronic transactions mean you spend less time worrying about bank fees, and more time focusing on your business. Plus, get 75 free deposits, checks, and withdrawals per statement cycle ($0.25 each thereafter).

Ready to get started, or need help choosing the right account?

Give us a call at (844) 259-5473 or stop by one of our banking centers to meet with a business banking specialist and find the account that best fits your needs.