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Deposit Products

Business Checking Accounts

Business Checking

Charles River Bank's Business Checking Account is one of the most efficient available. It's designed to reduce your costs of banking while providing unlimited account transactions for your various business needs.

Though federal banking regulations prohibit banks from paying interest on business checking accounts, you can minimize and in many cases eliminate the cost of your checking account by earning credits against the costs associated with your account, based on the balances maintained in your account. And, maintaining a Charles River Bank Business Checking Account will cost you less because our Earnings Credit rate is one of the highest available.

Plus, you can access your business account information and transfer funds 24-hours-a-day from home, work, or anywhere there is a touch-tone phone with PhoneBank Telephone Banking. You can do all of that and more with Click 24 Online Banking and Bill Pay.  And you will enjoy the peace of mind knowing that funds will be automatically advanced from your other deposit account to cover overdrafts on your business checking account with Deposit to Deposit Overdraft Protection or Overdraft Privilege.

Easy Business Checking

Free business checking made easy!
No Minimum Balance
No Monthly Maintenance Charge
Why should you pay for your business checking? At Charles River Bank, we make it easy for you to avoid checking fees! Our Easy Business Checking account puts your business interests first, and is the ideal financial product for small to medium businesses. With this account you can have 200 transactions a month (including all ACH debits and credits, paper debits and credits, and deposited items)...all free of charge. It's simple and easy!

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Business Savings & Investment Accounts

Statement or Passbook Savings Account
To earn interest on any amount of excess funds, open a Charles River Bank Statement or Passbook Savings Account for your business.   

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Charles River Bank Fund
If your business is committed to this community, the Charles River Bank Fund is a great way for you show it.  This special statement savings account pays a tiered variable interest rate where you earn more interest, the higher your balance. You can access your funds easily. And all money deposited into Charles River Bank Fund accounts will be used to fund special First Time Homebuyer Loans, Home Improvement Loans for those on fixed incomes and Small Business Loans to help growing businesses.  Everyone benefits—you and the community. 

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Business Money Market Account
Earn higher money market rates and maintain ready access to your funds with Charles River Bank's Business Money Market Account. As your balance increases, so does your rate.

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Certificates of Deposit
If you're looking to maximize your earnings on funds, invest in Charles River Bank's Certificates of Deposit.  With investment terms from 3 months to 3 ½ years, you can choose the best option for your business. (Be sure to ask about our CD Specials offered each week!)

Whichever account you choose, your deposits are always insured in full by the dual insurance coverage of the FDIC and the SIF. 

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Night Deposit Services

For your safety and convenience, a night deposit box is available at our corporate office. Deposits made by 8:00 a.m. are credited the same day.


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