compare checking - business banking
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accounts   interest rate   minimum to open an account   normal monthly service charge   minimum to avoid a charge   other
free small business checking
Non-interest bearing $100 None None
  • Free Debit Card
  • Free Online Banking with Free Bill Pay
  • $.50 per transaction for each transaction over 325 per statement period
business checking
Non-interest bearing $250 $12

$.16 per check

$.75 per deposit

$.10 per deposited item
None
  • Free Debit Card
  • Free Online Banking with Free Bill Pay
  • A credit allowance based on 75% of a four week average of the 3 month Treasury Bill per $100 of the monthly average available balance will be used to offset normal monthly service charges
  • Account analysis available
business NOW checking
Variable $250 $10

$.30 per check
$1,000
  • Free Debit Card
  • Free Online Banking with Free Bill Pay
  • Account available only to sole proprietorships and government agencies
  • $.25 per check for each check over 50 per statement period
Business Relationship checking
Non-interest bearing $250 $19.95 $15,000 in combined business deposit and loan balances
  • Free Debit Card
  • Free Online Banking with Free Bill Pay
  • Normal monthly service charges are waived for the first six months
  • Free first order of standard business checks
  • See Business Relationship Package page for more benefits
IOLTA NOW checking
Variable None None None
  • Free Debit Card
  • Free Online Banking with Free Bill Pay
  • Available only to attorneys for deposits held on behalf of clients
  • Interest accrues daily on collected balance and is paid monthly to the  Massachusetts IOLTA Committee
 
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Wainwright: banking on Valuesbusiness banking options
Equal Housing Lender and FDIC Insured
Wainwright Bank & Trust Company, 63 Franklin Street, Boston, MA 02110     Call 617-478-4000 or 1-888-428-BANK