Checking
Let our knowledgeable bankers help you find the checking account that best meets your business needs.
SMALL BUSINESS CONNECTION ACCOUNT*
Relationship banking that rewards you for all the business you do with Ledyard. It's a non-interest bearing checking account that is perfect for businesses with low monthly transaction activity.
BUSINESS CHECKING*
Our account for businesses with more activity and, perhaps, larger average balances. A monthly earnings credit (based on the prevailing T-Bill index) will be calculated and credited against charges due. This credit is used to offset charges for the month, and not paid as interest.
| |
Business Checking |
Small Business Checking |
| Minimum Balance |
No |
No |
| Monthly Maintenance Fee |
$5.00 |
No |
| Deposit Fee |
$0.50 per deposit |
First 5 deposits free ($0.50 each thereafter) |
| Items Deposited Fee |
$0.10 for each non-LNB item deposited |
No |
| Check Paid Fee/Withdrawal Charge |
$0.20 per check paid |
First 30 checks free ($0.20 each thereafter) |
| Interest Paid |
No |
No |
| Earning Credit |
Yes: Calculated monthly based on average balance to offset account fees |
No |
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