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Business Accounts

Find an account that works as hard as you do.

Compare Accounts

Whether you’re managing high daily balances or you just opened your doors, your account should be as unique as your business. That’s why we’ll customize our services to meet your specific needs and give you a dedicated business banking contact, ready to give you a hand anytime. You’ll even get a free Checking Starter Kit* to start things off right.

And, your deposits at Dedham Saving are insured in full, up to any amount, with our combined FDIC and DIF insurance coverage. Learn more.

*Checking starter kit includes first order of standard business checks, deposit slips, and deposit stamp.

the benefits

Cash Management Services

Online & Mobile Business Banking

Remote Deposit Capture

Find the checking account that checks all the boxes.

  • Community Checking1

    If you serve the community, we’re here to serve you. With unlimited transactions and great interest, this account is best for tax-exempt local community service organizations.

  • Basic Business Checking2

    Just starting out? With no minimum balance and no maintenance fees, this account is built to help your company grow.

  • Business Interest Checking3

    Have a high daily balance? This account will put that money to work, earning your business more rewards.

  • Cash Management Checking

    If you’re managing lots of daily transactions and need a hand with cash management, this option will help you keep things simple.

  • IOLTA Checking4

    This secure, interest-bearing lawyer’s trust account for client funds comes with perks — like free incoming and outgoing wires.

    Learn More

Analysis Account (Earnings Credit to Offset Fees)

Earns Interest

Free Monthly Transactions

Monthly Service Charge

Requirements to Avoid Monthly Service Charge

Additional Benefits

Community Checking1

Yes

Unlimited

$3

Maintain a minimum daily balance of $700

Basic Business Checking2

No

400

Business Interest Checking3

Yes

400

$10

Maintain a minimum daily balance of $100,000

Cash Management Checking

Earnings Credit is based on monthly average collected balance

No

$10 – Earnings Credit may offset fees

IOLTA Checking4

Yes

Membership in Attorney Advantage VIP Program – FREE incoming and outgoing wires

Community Checking1

Basic Business Checking2

Business Interest Checking3

Cash Management Checking

IOLTA Checking4

  1. Maintain a minimum daily balance of $700 to avoid monthly service charge of $3.
  2. Minimum deposit of $10 required to open account. Account includes 400 free monthly transactions and $0.50 per transaction thereafter. Free transactions include Checks Paid, ACH (Automated Clearing House) debits, ATM withdrawals, debit transactions, deposits and deposited items (includes ATM deposited items).
  3. Minimum deposit of $10 required to open account. Account includes 400 free monthly transactions and $0.50 per transaction thereafter. Free transactions include Checks Paid, ACH (Automated Clearing House) debits, ATM withdrawals, debit transactions, deposits and deposited items (includes ATM deposited items). Business Interest Checking requires $100,000 minimum daily balance to avoid $10 monthly fee.
  4. Minimum deposit of $10 required to open account and must be maintained to earn Annual Percentage Yield (APY). Free monthly transactions include Checks Paid, ACH (Automated Clearing House) debits, ATM withdrawals, debit transactions, deposits and deposited items made at ATMs.

We also offer a special checking account for municipalities – ask us for details!

And earn great interest to top it off.

Sweep Accounts

Put your money to work, even after you’re done for the day. Automatically transfer funds above a target balance from your business checking account at the end of the business day and earn a high interest rate. Excess balances automatically transfer into an FDIC-insured overnight investment account.

Money Market Accounts

Money Market accounts give you easy access to your funds, while still earning you a top market rate. They’re a great way to build a buffer for unplanned expenses or save for an upcoming purchase.

Contact our business experts to get started

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