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Business > Business Checking

Business Checking

Helping your organization thrive and prosper.

Checking Accounts to Match Your Needs

Business Checking 1

Our most popular and economical account—perfect for small businesses.

Business NOW Checking 1

Sole proprietors who maintain a minimum balance will earn a competitive interest rate with our Business NOW checking account.

Corporate Checking 1

Corporate Checking is built for large businesses with high volumes of transactions and large balances.

Communities Best Checking2

Helping nonprofits—both large and small—find success.

IOLTA Checking 3

For Attorneys who are looking for an Interest on Lawyer Trust account.

Let’s Build Your Business Together

With a business checking account from Salem Co-operative Bank, we make banking easy.  Contact us today to learn more and to get started.

CONTACT US

1Must be registered with the state and provide a certificate from the state, a copy from the IRS of the EIN and business documentation (Corporate resolution, etc.)

2 Must provide a copy from the IRS of the EIN and letter awarding tax-exempt status. For associations we also require a letter from the board allowing authorization to the parties opening the account.

3 Must provide Attorney’s Notice of Enrollment form for MA or NH Supreme Court IOLTA Attorney Authorization form and a copy for the IRS of the EIN of the Law Firm or Individual Attorney.

*Refer to Understanding Your Business Deposit Account. Contact Us to receive a copy.

**Subject to credit approval. Fees may apply.

 

Additional Resources

Important Information about Opening AccountsFDIC Insurance Estimator | Business Deposit Rates and Fees | FDIC Video

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