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Business Checking Accounts

Easily manage day-to-day finances.

Account options for every business

Whether you’re looking for a simple solution for your small business, non-profit, or larger operation, we have a checking account to meet your needs.

Benefits

Mobile Phone

Online & mobile banking options

We offer free online and mobile banking services, including eStatements and check imaging.

Dollar Bills

$100 minimum opening deposit

Only $100 is required to open an account.

Debit or Credit Card

Free Visa® debit card

Handle all your business’ needs knowing Visa Secure protects your purchases.

Document

Specialized accounts

We have a variety of accounts that each offer unique solutions for non-profit and for-profit business owners.

Compare your options

In addition to the checking accounts in the table below, we also offer our Business No-Dividend Checking account. You might be thinking to yourself, “No dividends?” But it’s also no monthly fees, no transaction fees, and no minimum balance. All it takes is $25 to open an account and get started.

  • Best for: 

    Best for: 

  • Monthly Fees1

    Monthly Fees1

  • Monthly Transactions Fees1

    Monthly Transactions Fees1

Business Basic Checking

  • Best for: 

    Small Vermont businesses looking to simplify their checking.

  • Monthly Fees1

    Free checking and no monthly fees if less than 101 items. $6 monthly fee if you exceed 100 items per month.

  • Monthly Transactions Fees1

    After the first 100 items, credit/debit items are only $.25.

Business Non-Profit Checking

  • Best for: 

    Nonprofits that require more transactions per month than are offered by our Business Basic Checking

  • Monthly Fees1

    $6 monthly fee waived when the aggregate balance of your deposit and loan accounts is $4,000 or more.

  • Monthly Transactions Fees1

    After the first 400 items, credit/debit items are only $.25.

Small Business Checking

  • Best for: 

    Businesses whose needs are beyond basic but still considered a small business.

  • Monthly Fees1

    $6 monthly fee waived when the aggregate balance of your deposit and loan accounts is $7,500 or more.

  • Monthly Transactions Fees1

    After the first 400 items, credit/debit items are only $.25.

Business Checking

  • Best for: 

    Businesses with higher volumes who are looking to receive the maximum return for funds invested. 

  • Monthly Fees1

    $6

  • Monthly Transactions Fees1

    The fee for credit and debit items is $.12.

Get Started

Open an Account

Current rates

Business Basic Checking Account

Minimum Balance to Earn APY

APY

Rates effective 10/12/2024

APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings.

Minimum Balance to Earn APY

$100

APY

0.05%

Business Non-Profit Checking

Tier

Minimum Balance to Earn APY

APY

Rates effective 10/12/2024

APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings.

Tier

$100 – $999.99

Minimum Balance to Earn APY

$100

APY

0.05%

Tier

$1,000 – $4,999.99

Minimum Balance to Earn APY

$100

APY

0.05%

Tier

$5,000 – $9,999.99

Minimum Balance to Earn APY

$100

APY

0.05%

Tier

$10,000 – $24,999.99

Minimum Balance to Earn APY

$100

APY

0.05%

Tier

$25,000 and over

Minimum Balance to Earn APY

$100

APY

0.05%

Small Business Checking

Tier

Minimum Balance to Earn APY

APY

Rates effective 10/12/2024

APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings.

Tier

$1,000 – $4,999.99

Minimum Balance to Earn APY

$1,000

APY

0.05%

Tier

$5,000 – $9,999.99

Minimum Balance to Earn APY

$1,000

APY

0.05%

Tier

$10,000 – $24,999.99

Minimum Balance to Earn APY

$1,000

APY

0.05%

Tier

$25,000 and over

Minimum Balance to Earn APY

$1,000

APY

0.05%

Business Checking Account

Tier

Minimum Balance to Earn APY

APY

Rates effective 10/12/2024

APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings.

Tier

$1,000 – $4,999.99

Minimum Balance to Earn APY

$1,000

APY

0.05%

Tier

$5,000 – $9,999.99

Minimum Balance to Earn APY

$1,000

APY

0.05%

Tier

$10,000 – $24,999.99

Minimum Balance to Earn APY

$1,000

APY

0.05%

Tier

$25,000 and over

Minimum Balance to Earn APY

$1,000

APY

0.05%

Business Debit Card

Our Business debit card provides access to your Business Checking accounts anywhere a Visa® debit card is used. ATM access allows you to withdraw cash, check your balance, or transfer funds almost anywhere. Individual cards are available for signers on the accounts.

With our Business debit card, you can also:

  • Make POS purchases wherever the Visa logo is displayed.
  • Receive text or email notifications when your card is used.
  • Save time by paying bills automatically.

Overdraft Protection

Our fixed-rate on demand credit line offers you a flexible reserve so you can cover checks and other withdrawals without any lag time and without needing to transfer funds.

Business Owner Paying with Debit

Open a Business Checking Account

You can apply for any of our Business Checking products by completing our fillable PDF form and mailing it or dropping it off at any branch location.

Get started
Apply now
Talk to a loan officer
Meet the Business Team
Get in touch
Email or call us

Disclosures

1.
  • Items included in debit/credit and item count are: checks (paper and electronic), ATM withdrawals, withdrawals, over-the-counter checks, wire transfers and safe deposit box fees. Deposits, debit card transactions, and ACH transactions are not included in the debit/credit and item count.