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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