Having the right checking account for your business means balancing functionality with cost. With our FreeStyle Business, MainStreet and Corporate Checking accounts, we offer real solutions to help you manage your money effectively and securely. And, our Community NOW account offers an interest earning alternative for sole proprietorships and not-for-profit organizations. Selecting the account that best meets your needs has never been easier. Androscoggin Bank…bringing value to business checking.
Minimum daily account balance to waive monthly service charge2
NA
$5,000.00
NA
$100.00
Monthly Transaction Charges
First 200 transactions no charge, then $.30 each3
First 400 transactions included, then $.30 each3
(4) see details below
(5) see details below
Earns Interest
No
No
No
Yes
Earnings Credit
No
No
Yes
NA
Unlimited Check Writing
Yes
Yes
Yes
Yes
Checks
First Order no charge6
First Order no charge6
Charge
Charge
eBusiness (online banking with check images)
Free9
Free9
$6.00/month
$6.00/month
eBillPay
Free9
Free9
$6.00/month plus $.50 for each bill payment over 10
$6.00/month plus $.50 for each bill payment over 10
eStatement
Yes
Yes
Yes
Yes
ATM Charges7
None
None
None
None
VISA® Check Card
Free9
Free9
Free9
Free9
Debit Card Transactions
Free9
Free9
Free9
Free9
Overdraft Protection8
Yes
Yes
Yes
Yes
Unlimited Telephone Banking
Free9
Free9
Free9
Free9
Combined Monthly Statement
Yes
Yes
Yes
Yes
Notary Services
Free9
Free9
Free9
Free9
1
Not-for-profit organizations and sole-proprietor businesses are eligible.
2
Qualified balances include all deposit and loan balances
3
Transactions include deposits, deposited items & inclearing checks
4
Deposits $.10; Deposited items $.12; Checks paid $.16. Charges may be offset by earnings credit.
5
First 20 deposits/month Free; then $.10 each additional . First 100 deposited items/month free then $.12 each additional. First 50 checks paid/month Free; then $.16 each additional.
6
First order includes 200 Basic Style Checks, other styles available for a charge
7
Androscoggin Bank does not charge customers for ATM use. Owners of other ATMs may assess a surcharge.Androscoggin Bank cardholders can use over 150 Maine Cash Access ATMs surcharge free.
8
Credit approval required
9
Charges for unusual activities such as overdrafts, stop payment orders, duplicate statement or imprinted checks may be assessed.