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Federal Deposit Insurance Corporation FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Business Deposit Products

Cape Ann Savings Bank offers the right products and services to help your business. From free business checking accounts to mobile banking, we are here for you. Visit or call 978-283-0246, toll free 888-283-2272, and speak with one of our representatives today.

Business Checking Accounts

Cape Ann Savings Bank offers two Business Checking Accounts to fit your business needs.

  • Corporate Checking account: This account is non-interest bearing, but offers all the great benefits that will allow you to run your business anywhere, anytime. 
  • Sole Proprietor/Non-Profit Organization NOW Account: Enjoy all the same features as the Corporate Account. Maintain a minimum daily balance of $10.00 and earn interest. Business Deposit rates

Features

  • No monthly fees, service charges or activity charges

  • No per-check charges

  • $10.00 minimum balance to open

  • eStatements available
  • Business

    Mobile Banking with Business Mobile Deposit*

  • Business

    Online Banking with Bill Pay

  • ATM/Debit card available (optional)** 

  • Direct deposit and electronic fund transfers available

  • Remote Deposit Capture***

  • Quickbooks & Quicken downloads

  • Nominal fee for checks ordered

*restrictions may apply
**some transaction fees may apply
***fee applies

Lighthouse business Money Market Account

This tiered interest-bearing account is ideal for businesses and organizations who maintain larger balances and whose check writing and deposit requirements are limited. Take advantage of a great, competitive rate with the Lighthouse Business Money Market Account. Visit one of our locations or call 978-283-0246 and we will come to you. 

    • $50,000.00 minimum to open account
Business DEPOSIT ACCOUNT RATES AND TERMS

Business Money Market Account

This tiered interest-bearing account is ideal for businesses and organizations whose check writing and deposit requirements are limited. 

    • $500.00 minimum to open account
Business DEPOSIT ACCOUNT RATE AND TERMS

Business Savings Account

Cape Ann Savings Bank offers a convenient savings account option for your business. Our Business Statement Savings Account is a great way to earn interest on extra cash on hand.

There is a $10.00 minimum to open an account and a minimum daily balance of $10.00 to earn interest.

Business DEPOSIT ACCOUNT RATES AND TERMS
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