Business Savings
Savings made seamless
Once you have a Business Checking or CheckingPlus account, you’re in for a treat—the Business Savings account. It allows you to sweep targeted daily limits from your checking to your interest-bearing savings account.
- Interest-bearing
- Eligible for sweep when paired with Business Checking or CheckingPlus
- Eligible for overdraft protection
- No minimum balance
- No monthly service charge
Empowering Your Business
Easy 3-Way Application
Or Contact Us
If you have any questions left
Main Office
Address
300 Bemis Road, Fitchburg, MA 01420
Phone
Main Office (800) 262-1001
Email
[email protected]
Get in touch with us
Get the best rate for you
Business Savings Rates
| ACCOUNT NAME | DIVIDEND RATE | APY |
|---|---|---|
| Business Savings | 0.05% | 0.05% |
Earn 0.05% Annual Percentage Yield (APY) on balances of $50.00 and over. Available for business accounts only. Minimum amount to open Intelligent Business Savings $5 with no minimum balance. | ||
| Business Money Market | 0.05% | 0.05% |
Earn 0.05% Annual Percentage Yield (APY) on balances of $50.00 and over. Available for business accounts only. You must deposit $5.00 to open this account and maintain an average daily balance of $50.00 to earn the interest rate. There is no minimum balance to maintain. Interest will be compounded and credited to your account every month. The interest period is monthly. Rates effective as of 12/1/22 and are subject to change without notice. | ||
APY = Annual Percentage Yield Fees may reduce earnings on applicable accounts. | ||
Become a Member   Business Checking   Business CheckingPlus  VISA Business Credit Card  Questions?
Business Fee Schedule
Effective as of May 1, 2023
| BUSINESS CHECKING | |
|---|---|
| Business Checking ($200 minimum) | $7.00 per month + $0.40 per check and deposited item after the first 500 items |
| Business CheckingPlus ($1,500.00 min) | $12.00 per month + $0.40 per check and deposited item after the first 500 items |
| Bill Pay | 1-10 Bill Payments FREE11-40 Bill Payments $10.0041 and above Bill Payments $0.50 per item |
| OTHER SERVICES & CHARGES | |
| Statement Copy | $5.00 per statement plus research fee |
| Stop Payments Placed | $25.00 per order |
| Account Activity Printout (branch) | $2.00 each |
| Check or Form Image | $2.00 each |
| Account Research/Reconciliation (1 hr. minimum) | $20.00 per hour |
| Government Levy (1 hr. minimum) | $50.00 per hour |
| Official Check - less than $1,000.00 | $3.00 each |
| Official Check - $1,000.00 and above | $5.00 each |
| Certified Check | $20.00 each |
| Visa Debit Card Foreign ATM Transaction | $1.00 per transaction |
| Visa Debit Card Replacement | $10.00 |
| Wire Transfer - Domestic | $25.00 each |
| Wire Transfer – International | $50.00 each |
| Collection Item | $25.00 each |
| Returned Deposited Check | $15.00 each |
| Dormant Account | $5.00 per month |
| Cloth Bags with IC Logo and Locks | $30.00 each |
| Keys to Night Depository Box | $3.00 each |
| Lost Night Depository Box Key Replacement | $15.00 each |
| Staff Assisted Telephone Transfers | $2.00 each |
| Staff Assisted Balance / Account Information | $2.00 each |
| Cash Advance Fee (the greater of) | $10.00 or 5% |
| New Account Early Closeout | $10.00 |
| The following fees can be caused by checks, in-person withdrawals, ATM withdrawals, ACH or other electronic means. | |
| Insufficient Funds Charge (NSF) | $30.00 per item |
| Uncollected Funds Charge | $30.00 per item |
| IC Courtesy Pay Overdraft Sweep | $15.00 per day |
