Salom Coop Bank New Hampshire
online demo banking salom co bank nh

 

 

 

 

Business Deposits

 

Business Deposit Accounts

At Salem Co-operative Bank, we offer a complete line of banking solutions designed to provide all the services your growing business demands. Our Business Checking accounts offer 24 hour online account access, monthly statements with check images, merchant credit card services, direct deposit and a business debit card so you can conduct your banking business to fit your busy schedule. Please contact us directly for more information on any of these accounts.

Business Checking
Business Checking is a convenient and economical account, perfect for the business that has limited transaction activity. With this account, you are allowed up to 350 no-charge transactions per statement cycle and NO monthly maintenance fee.

Business NOW Checking
If you’re looking for an interest bearing account, our Business NOW Checking offers competitive rates of interest for qualifying businesses. The limited transaction activity allows up to 275 no-charge transactions per statement cycle. A $2500.00 average daily collected balance waives a monthly maintenance fee.

Corporate Checking
If you need the flexibility of a high monthly transaction volume, Corporate Checking may be the solution for your business. You’ll receive an earnings credit for collected balances which will be applied to offset the low monthly maintenance fee.

Communities Best Checking
Designed for qualifying non-profits such as charitable, education, or religious organizations with limited account activity, the Communities Best Checking account earns interest if a minimum daily balance of $25.00 is maintained. This account allows up to 350 no-charge transactions per month. We offer a competitive rate of interest and NO monthly maintenance fee.

Business Money Market
Looking to maximize the yield of your business accounts while having ready cash on hand for seasonal cash flows or unexpected expenses? A Business Money Market account may be the perfect solution. This account offers a safe and secure yet flexible savings option that allows you to put your cash to work. Tiered interest rates based on daily available balance method and NO monthly maintenance fees make this an attractive way to save. It also allows for limited check writing and pre-authorized withdrawals per monthly statement cycle.

Certificates of Deposit
Certificates of Deposit (CDs) typically yield higher interest than traditional transactional deposit accounts. A CD is great for businesses with extra cash that know they will not need to withdraw the principal before it matures. Our wide selection of terms allow you to manage excess funds based on your personal business priorities.

IOLTA-Interest On Lawyer Trust Accounts
Our competetive interest-bearing IOLTA Account is offered to Attorneys who are looking to maximize their lawyers trust accounts. Interest earned is paid to the New Hampshire Bar Foundation Grants Program or the Massachusetts IOLTA Committee and is used to fund indigent defense, pro bono projects, and legal education programs.

 

Please refer to Fees and Common Features for any additional fees that may be incurred, for example for overdrafts, returned checks, stop payments and wire transfers.



Return to top                                             Interest rates                                                      Contact us

 
3 South Broadway | P.O. Box 67 | Salem , NH 03079 | Phone: 603-898-2153 | Fax: 603-898-1760
Salem Cooperative Bank