FDIC-Insured - Backed by the full faith and credit of the U.S. Government
win for your business!Earn $400.00 in cash back bonuses*With qualifying New Business or Corporate Checking Accounts and/or New Merchant Services sign up |
Open your first time Business or Corporate Checking Account**with us at our Gloucester Crossing Branch, 4 School House Road, GloucesterEarn a "one time" $200.00 Cash Back Bonus when you do one of the following in 90 days!
Limited time offer for accounts opened prior to October 1, 2023 |
Plus merchants****can be eligible to earn an additional $200.00 Cash Back Bonus for signing up with our dedicated merchant services partner.Make transaction processing easy! Accepting credit cards as a form of payment can help both your business and your customers!
(Valid for both current and new Cape Ann Savings Bank Business Customers who sign |
Our Business and Corporate Checking Accounts are:
*Qualifying Business Checking Accounts (Sole Proprietor/Non-Profit Organization NOW Account or Corporate Checking Account) will have at least two Mobile deposits within the first 90 days, or will have 15 Debit card purchases, totaling $300.00 or more in the first 90 days, or will have 3 recurring transfers from your new Business Checking Account (Sole Proprietor/Non-Profit Organization NOW Account or Corporate Checking Account) to a Cape Ann Savings Bank Business Statement Savings Account with the same tax reporting owner within the first 90 days. Additional exclusions may apply. **Bonus is valid for new Business Checking Accounts (Sole Proprietor/Non-Profit Organization NOW Account or Corporate Checking Account) opened in person at The Gloucester Crossing Branch. Located at 4 School House Road Gloucester, MA 01930, when the “Win Cash Back Bonus” is mentioned prior to October 1, 2023. Bonus is valid for Business Checking Accounts (Sole Proprietor/Non-Profit Organization NOW Account or Corporate Checking Account) only, for first time Cape Ann Savings Bank Business Checking Account customers. Bonus will be deposited to Qualifying Business Checking Accounts (Sole Proprietor/Non-Profit Organization NOW Account or Corporate Checking Account) in good standing***on the first business day after the 90th day from account opening. Bonus will be applied one time, even if all three qualifications have been met. There is a $10.00 minimum deposit required to open the account and you must Maintain at least a $10.00 minimum daily balance to earn the disclosed APY on the Business Sole Proprietor/Non-Profit Organization NOW Account, there is no minimum balance requirement to earn the bonus. The Business Corporate Checking Account is a non-interest-bearing account. ***An account in good standing has not been overdrawn in the first 90 days and has a positive balance on the 90th day. The Business Sole Proprietor/Non-Profit Organization NOW Account is a free interest-bearing account. The interest rate effective January 23, 2023 is 0.25% with an annual percentage yield of 0.25%, there is a $10.00 minimum deposit required to open the account and you must maintain a minimum $10.00 daily balance to obtain the disclosed APY. At our discretion we may change the interest rate on you at any time. Fees may reduce the earning on this account. The Business Corporate Checking Account is a free non-interest-bearing account. Bonus recipients will receive a 1099-int (Business Sole Proprietor/Non-Profit Organizations NOW Account) or a 1099 Miscellaneous (Business Corporate Checking Account) ****The Merchant Services Cash Back Bonus is valid to both new and existing Cape Ann Savings Bank Business customers who sign up for Merchant Services with TRI, our dedicated merchant services partner between February 1, 2023 and October 1, 2023, and have merchant activity on their Business Checking account within the first 90 days signing. Bonus will be deposited to the Qualifying Business Checking Account in good standing***on the first business day after the 90th day from TRI agreement signing. Bonus will be applied one time. |