Deposit Products

Small Business Checking

• No monthly service charge.
• No minimum balance.
• 500 free deposited items per month.
  *Additional items are only 50˘ each.
• 500 free checks processed per month.
  *Additional checks are only 50˘ each.
• Free Online Banking and Bill Pay
  You will be amazed at how much time you'll save by banking and paying bills online! You can access your accounts, view history, transfer between accounts, make loan payments and pay bills - anytime of the day or night.
• Free Business ATM/Debit Cards
  This card provides nation-wide access to cash and/or purchases for business use. Cards are issued with the names of the company and the cardholder for increased security.

Business Checking Account

The Monson Savings Bank business checking account provides convenient, no-fee services such as MasterMoney Debit/ATM cards and around the clock on-line and telephone access. We offer a monthly earnings credit based on money market rates, that is used to offset some or all of the fees generated by your business checking account.

A Reserve Line of Credit for your checking is available to cover overdrafts automatically, up to your credit limit.

Business Statement Savings Account

With a business statement savings account, the more you save, the more you earn. Tiered interest rates, determined by the amount on deposit maximizes your working capital and puts it directly to work for you and your business.

Business NOW

The Monson Savings Bank's Business NOW checking account is available to commercial d/b/a(doing business as) customers only. It is an interest bearing account that requires a minimum deposit of $50.00 to open. If a minimum of $10.00 is maintained in the account, the balance will accrue interest based on your daily balance and will compound monthly. ATM/Debit cards, online banking, and telephone banking are available for this account. We also offer a line of credit or a sweep account function from you Business Statement Savings to cover overdrafts. There is a $5.00 per month service charge and a per check fee of $.15 for each check paid in excess of five per month.