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Business Deposit Products

Cape Ann Savings Bank offers the right products and services to help your business. From free business checking accounts to mobile banking, we are here for you. Visit or call 978-283-0246, toll free 888-283-2272, and speak with one of our representatives today.

Business Checking Accounts

Cape Ann Savings Bank offers two Business Checking Accounts to fit your business needs.

  • Corporate Checking account: This account is non-interest bearing, but offers all the great benefits that will allow you to run your business anywhere, anytime. 
  • Sole Proprietor/Non-Profit Checking Account: Enjoy all the same features as the Corporate Account. Maintain a minimum daily balance of $10.00 and earn interest. Deposit rates

Features

  • No monthly fees, service charges or activity charges

  • No per-check charges

  • $10.00 minimum balance to open

  • eStatements available

  • Business

    Mobile Banking with Business Mobile Deposit*

  • Business

    Online Banking with Bill Pay

  • ATM/Debit card available (optional)** 

  • Direct deposit and electronic fund transfers available

  • Remote Deposit Capture***

  • Quickbooks & Quicken downloads

  • Nominal fee for checks ordered

*restrictions may apply
**some transaction fees may apply
***fee applies

Business Money Market Account

This tiered interest-bearing account is ideal for businesses and organizations whose check writing and deposit requirements are limited. 

  • $500.00 minimum to open account
  • Monthly limit of six pre-authorized transfers.

Business Savings Account

Cape Ann Savings Bank offers a convenient savings account option for your business. Our Business Statement Savings Account* is a great way to earn interest on extra cash on hand.

There is a $10.00 minimum to open an account and a minimum daily balance of $10.00 to earn interest.

*Monthly limit of six pre-authorized transfers

Deposit Account Rates and Terms

 

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