Needham Bank deposit products:
Needham Bank deposit products:
Get the checking account, digital tools, and local expertise you need to keep your business moving forward.
Choose Essential Business Checking if you:
Choose Elevated Business Checking if you:
Choose Elite Business Checking if you:
Find the account that fits your business’ needs.
| Features | Essential Business Checking | Elevated Business Checking | Elite Business Checking |
|---|---|---|---|
| Best for | Small businesses and startups seeking simple everyday banking | Growing businesses needing additional flexibility and various payment options | Organizations with complex banking, cash management, and treasury needs |
| Positive Pay Fraud Protection | Not included | Included on up to two accounts | Advanced multi-layer fraud protection tools |
| Online & Mobile Banking | Basic digital banking tools including mobile deposit, bill pay & debit card | Elevated package of digital banking tools | Advanced treasury management tools |
| Monthly Maintenance Fee | None | $75, waived when minimum daily balance requirements are met* | Contact us for customized pricing and solutions |
| Next Day ACH | Not included | $100,000 Daily Company Limit | Available within full treasury management suite of services |
| Domestic Wires | Not included (In person/In Branch only) | $250,000 Daily Company Limit | Available within full treasury management suite of services |
| Dedicated Relationship Support | Standard support | Enhanced Business Contact Center support | Customized Treasury Management relationship with a dedicated Treasury Support Team |
| Included Transactions | First 150 transactions included | Unlimited transactions | Customized account and transaction structure |
| Cash Deposits | Up to $7,500 per month included | Up to $15,000 per month included* | Customized cash management solutions |
| Cash Management Services | Not included | Selected payment and fraud services | Full suite of treasury services |
| Minimum Daily Balance Requirement | None | $50,000 | None |
Access our wide array of business banking options to find the perfect match for your needs. We’ll help you choose a solution that’s right for you:
Bank how you want, when you want with our online & mobile financial tools in one easy-to-use platform.
Build relationships you can bank on. Let us lend our expertise to help your business thrive and grow:
“Needham Bank was there for Village Forge when no one else was. Every employee I’ve interacted with has gone out of their way to assist me however they can, which isn’t what…”
A business checking account is a key part of your business’s financial picture and operations. You can use your business checking account for daily transactions, like payroll, expenses, deposits, and more.
While every business is different, it’s usually a good idea to separate your personal and business finances. Talk to your Needham Bank experts to see if opening a business checking account is a smart move for your business.
To open a business checking account, you will typically need to provide information such as your EIN, business license, and formation documents. Get in touch with your Needham Bank experts so we can help you figure out exactly what you need to get started.
If you have a Needham Bank Business Checking account, you can order or reorder business checks and forms online through Deluxe. Browse the online catalog or reach out to your Needham Bank experts for support.
Complete the form or call us at 781-444-2100 to connect with a business banking specialist who can answer your questions and help you get started.
An asterisk (*) indicates a required field.
*To provide greater flexibility, these fees will be automatically waived for the first three statement or maintenance cycles as applicable from the account opening date when a new account number is generated.
