business banking
Let us show you how our responsive service, advanced technology and full array of banking and lending products can help your business grow, thrive and deliver on its promises.
business accounts
The Cooperative Bank is committed to providing local companies with banking products, responsive service and expert recommendations that make it easier to run their business. Whether you are a small business owner with limited transactions or a larger business with greater transaction volumes and balances, we have business accounts designed to work for you.
ideal for small businesses
- A minimum deposit of $25 is required to open the account
- No monthly maintenance fee
- No fee for the first 400 transactions* ($0.50) per transaction in excess of 400
- eStatements available
- Free TCB Debit MasterCard™
- Surcharge-Free ATM usage at all SUM and MoneyPass network ATMs
- Free TCB Online Banking with Free Bill Pay
* Transactions include checks paid, ACH items, ATM withdrawals, Debit Card/POS transactions, and deposited items
To open your Business checking account, call or drop by any TCB branch.
ideal for larger businesses
- A minimum deposit of $25 is required to open the account
- Ideal for larger businesses that have larger transaction volumes and maintain higher balances
- eStatements available
- Free TCB Online Banking with Free Bill Pay
- Free TCB Debit MasterCard™
- Surcharge-Free ATM usage at all SUM and MoneyPass network ATMs
Monthly Fees*
Monthly Maintenance Fee: $10
Charge per check paid: $0.20
Charge per deposit: $0.75
Charge per deposited item: $0.10
*Earnings Credit from deposit balances may offset monthly fees
To open your Commercial checking account, call or drop by any TCB branch.
interest and no/low fees
- $25 opening deposit
- $10,000 average daily balance is required to avoid a monthly maintenance fee
- $20 monthly maintenance fee if the average daily balance falls below $10,000
- A per transaction fee of $.50 will be charged for each transaction (check paid, ACH items, ATM/POS transactions, and deposited items) in excess of 200 during a month
- Competitive interest rate
- eStatements available
- Free unlimited Debit Card usage
- Unlimited check writing
Minimum Balance to Earn Interest
Customers must maintain a minimum balance of $10,000 in the account each day to earn interest.
Calculating the Average Daily Balance
The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. To open your Business Interest checking account, call or drop by any TCB branch.
bigger balance, better rate
Maintain a balance of $2,500 to earn interest and avoid a monthly maintenance fee. Your rate of return increases as your account balance increases, with higher interest rates offered at $10,000, $25,000, $50,000 and $100,000. To see all current interest rates for this account, click here.
- $500 opening deposit
- $2,500 minimum daily balance is required to avoid a monthly maintenance fee
- $10 monthly maintenance fee if the daily balance falls below $2,500
- Account will be automatically linked to existing eStatement profile
- Transaction limitations: transfers
To open your Business Money Market account, call or drop by any TCB branch.