Business Banking / Business Lending
Convenient, accessible bank products and services that make banking for business easy.
Checking
We have accounts to meet your needs! All of our business checking accounts come with great standard features.
Standard Features
- Visa® Debit Card with free foreign ATM transactions*
- Manage Debit Card / Card Controls
- Online Banking
- Online Bill Payment
- Mobile Banking (message and data rates may apply)
- Mobile Deposit
- eStatements / eNotices
- Mobile Wallet
- Instant Balance
- Free Thank You Gift and Money for your old checks and Debit Card**
Bank rules and regulations apply. Minimum opening deposit is only $10. Ask us for details. * No charge for foreign ATM transactions; however, other institutions may impose a fee for the use of their ATMs that are not part of the SUM® Network. ** Up to $10 for checks and debit cards from another financial institution given at the time the checks/debit cards are presented.
Totally Free Business Checking
Perfect for most businesses
- No minimum balance
- No monthly service charge
- 1,000 FREE monthly transaction items†
- Up to 10,000 currency deposited per month FREE^
† Transaction items include all debits and credits.
^ Includes coin and currency. Just $1.50 per $1,000 deposited over $10,000.
Business Interest Checking
For qualifying sole proprietorships and not-for-profit organizations
- Competitive interest
- 1,000 FREE monthly transaction items†
- Only $1,500 minimum balance to avoid a low monthly fee of $6
- Up to 10,000 currency deposited per month FREE^
† Transaction items include all debits and credits.
^ Includes coin and currency. Just $1.50 per $1,000 deposited over $10,000.
Savings
Our products are designed to meet all of your business savings goals.
Business Savings
A great way to start saving
- Earns competitive interest
- Unlimited deposits
- Unlimited teller withdrawals at our location
- Only $10 to open
- Minimum balance of $20 to avoid $1 monthly maintenance fee
Business Money Market
High-Yield Savings with easy access
- Earn competitive interest – higher balances earn higher rates
- Visa® Debit Card
- Unlimited deposits
- Unlimited teller and ATM withdrawals at our location
- Online Banking
- eStatements / eNotices
- Mobile Banking (message and data rates may apply)
- Only $10 to open
- No minimum balance or maintenance fee
Business CDs
Great rates and terms to meet your needs
- Terms available from three months to four years*
- Low $1,000 minimum investment
- Interest may be reinvested into the CD or deposited into another account
* Early withdrawal penalties may apply.
Lending
Flexible terms, responsive local decision-making, and trusted commercial real estate lending services to help your business succeed and grow.
Commercial Real Estate Loans
- Acquisition
- Construction and Construction to Permanent
- Rehab and Renovation
- Lines of Credit
Construction Loans
- Builder Construction
- Owner-Occupied Construction to Permanent
- Rehab and Renovation
Merchant Services
Secure payment processing with Clover will help your business run smoothly.
Payment Processing
Let us tailor your business needs!
Canton Co-operative Bank offers secure payment processing services through Clover (link pending)
We can help you accept more payment types (EMV® chip, Apple Pay®, Samsung Pay®), protect against fraud, run loyalty programs, manage inventory and payroll, and turn future card sales into working capital with Clover Capital.
It's easy (and free!) to find out what Canton Co-operative Bank and Clover can do for you. Call or email Assistant Branch Manager Kim Banks at 781.828.8811 x 380, or Learn More (link pending).