Business Checking Accounts
Features include:
- Mobile Banking
- Online Banking
- Online Bill Pay
- Free Wrentham Cooperative Bank Debit MasterCard
- Optional eStatements
With affordable rates, our checking accounts can help you achieve your business goals.
Business Checking
Our business checking accounts are designed specifically for both smaller businesses and larger corporations to help manage all important business expenses and transactions. Contact us and set up the perfect checking account for your business today.
Compare our Business Checking Accounts
Small Business Checking | Business Checking | |
Minimum Balance to Open | $50 | $50 |
Minimum Balance to waive monthly maintenance fee | $0 | $0 |
Monthly Maintenance Fee | $0 | $10 plus the following:
|
Earnings Credit | No | Yes1 |
Surcharge Free ATM Transactions | Only for Wrentham Cooperative or SUM Network ATMs | Only for Wrentham Cooperative or SUM Network ATMs |
eStatements | Optional | Optional |
1 Earnings credit offsets monthly fees. Earnings credit is variable, per $100 average monthly collected balance.
Debit Card FAQs:
1. What business checking account options does Wrentham Cooperative Bank offer?
Wrentham Cooperative Bank offers two tailored business checking options: Small Business Checking for smaller operations and commercial Business Checking designed for larger corporations with higher transaction volumes.
2. How much money is required to open a business checking account?
Both Small Business Checking and commercial Business Checking require a minimum opening deposit of just $50.
3. Are there monthly maintenance fees for business checking accounts?
Small Business Checking has a $0 monthly maintenance fee. The commercial Business Checking account has a base $10 monthly maintenance fee plus transaction-based items ($0.20 per check written, $0.60 per deposit, and $0.08 per item deposited).
4. What is an Earnings Credit and how does it work?
An Earnings Credit is available on commercial Business Checking accounts to offset monthly maintenance and item fees. The credit calculation is variable and based on your average monthly collected balance per $100.
5. What features and digital tools come with Wrentham Cooperative Bank business checking?
All business checking accounts include Mobile Banking, Online Banking, Online Bill Pay, a free Wrentham Cooperative Bank Debit MasterCard, optional eStatements, and surcharge-free ATM transactions at Wrentham Cooperative Bank or SUM Network ATMs.