GreenWay Business Checking

Free Business Checking Business Interest Checking Commercial Checking
Minimum to Open $25 $25 $25
Monthly Maintenance Fee None $15 $15
Minimum Daily Balance Requirement to Waive Monthly Fee None $10,000 None
Earnings Credit** None None Yes
Number of Free Transactions 1000 1000 Unlimited cash deposits
Fee per Debit $0.35 for excess transactions $0.35 for excess transactions $0.15
Fee per Deposit $0.15
Fee per Deposited Item $0.15

Free Business Checking

Minimum to Open $25
Monthly Maintenance Fee None
Minimum Daily Balance Requirement to Waive Monthly Fee None
Earnings Credit** None
Number of Free Transactions 330
Fee per Debit $0.15 for excess transactions
Fee per Deposit $0.15 for excess transactions
Fee per Deposited Item $0.15 for excess transactions

Business Interest Checking

Minimum to Open $25
Monthly Maintenance Fee $15
Minimum Daily Balance Requirement to Waive Monthly Fee $10,000
Earnings Credit** None
Number of Free Transactions*** 200
Fee per Debit $0.35 for excess transactions
Fee per Deposit $0.35 for excess transactions
Fee per Deposited Item $0.35 for excess transactions

Commercial Checking

Minimum to Open $25
Monthly Maintenance Fee $10
Minimum Daily Balance Requirement to Waive Monthly Fee None
Earnings Credit** Yes
Number of Free Transactions*** None
Fee per Debit $0.15
Fee per Deposit $0.15
Fee per Deposited Item $0.15

As of May 7th, 2018, Georgetown Bank will become Salem Five Bank, and the products listed below will no longer be available. For more information about Salem Five business checking products, please click here.


Free Business Checking

A simple non-interest bearing checking account designed for businesses that generate 1,000 or fewer monthly items (including checks paid, checks deposited, ACH debits, and ACH credits), including sole proprietorships and not-for-profits that do not always keep more than $10,000 in their accounts. This account features:

Amount needed to open: Only $25!

Open your Business Checking account today.

 


Business Interest Checking

An interest bearing business checking account designed for businesses that always maintain more than $10,000 in their account and generate fewer than 1,000 monthly items (including checks paid, checks deposited, ACH debits, and ACH credits). This account features:

Amount needed to open: Only $25! – Minimum balance applies after a 30 day grace period.

Open your Business Checking account today.

 


Commercial Checking

A checking account designed for businesses that generate more than 1,000 monthly items per month (including checks paid, checks deposited, ACH debits, and ACH credits). This account features:

Amount needed to open: Only $25!

Open your Business Checking account today.

 


* Free if customer signs up for the retail online banking product.

**Please see RATES for Current Earnings Credit. Earnings credit is a variable rate and is subject to change.