A perfect solution for your small Vermont business
We support local businesses like yours. Whether you’re looking for a simple solution for your new small business or nonprofit, or are running a larger operation, we have a checking account to meet your needs.
Benefits
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Online & Mobile Banking Options
Free online and mobile banking includes eStatements and check imaging.
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$100 Minimum Opening Deposit
Only $100 is required to open an account.
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Free Visa Debit Card
Handle all your business’ needs knowing Visa Secure protects your purchases.
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Specialized accounts
Four different accounts offer unique solutions for nonprofit and for profit business owners.
Compare your options
Business Basic Checking
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Best for:
Small Vermont businesses looking to simplify their checking.
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Monthly fees2
Free checking and no monthly fees if less than 101 items. $6 monthly fee if you exceed 100 items per month.
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Monthly transaction fees2
After the first 100 items, credit/debit items are only $.25.
Business Nonprofit Checking
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Best for:
Nonprofits that require more transactions per month than are offered by our Business Basic Checking.
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Monthly fees2
$6 monthly fee waived when the aggregate balance of your deposit and loan accounts is $4,000 or more.
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Monthly transaction fees2
After the first 400 items, credit/debit items are only $.25.
Small Business Checking
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Best for:
Businesses whose needs are beyond basic but still considered a small business.
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Monthly fees2
$6 monthly fee waived when the aggregate balance of your deposit and loan accounts is $7,500 or more.
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Monthly transaction fees2
After the first 400 items, credit/debit items are only $.25.
Business Checking
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Best for:
Businesses with higher volumes who are looking to receive the maximum return for funds invested.
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Monthly fees2
$6
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Monthly transaction fees2
The fee for credit and debit items is $.12.
Current rates
|
Minimum Balance to Earn APY |
APY |
|---|---|
|
APY = annual percentage yield, effective as of 8/30/2024 and reflects the current minimum APY offered. |
|
|
Minimum Balance to Earn APY $100 |
APY 0.05% |
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Tier |
Minimum Balance to Earn APY |
APY |
|---|---|---|
|
APY = annual percentage yield, effective as of 8/30/2024 and reflects the current minimum APY offered. |
||
|
Tier $100 – $999.99 |
Minimum Balance to Earn APY $100 |
APY 0.05% |
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Tier $1,000 – $4,999.99 |
Minimum Balance to Earn APY $100 |
APY 0.05% |
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Tier $5,000 – $9,999.99 |
Minimum Balance to Earn APY $100 |
APY 0.05% |
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Tier $10,000 – $24,999.99 |
Minimum Balance to Earn APY $100 |
APY 0.05% |
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Tier $25,000 and over |
Minimum Balance to Earn APY $100 |
APY 0.05% |
|
Tier |
Minimum Balance to Earn APY |
APY |
|---|---|---|
|
APY = annual percentage yield, effective as of 8/30/2024 and reflects the current minimum APY offered. |
||
|
Tier $1,000 – $4,999.99 |
Minimum Balance to Earn APY $1,000 |
APY 0.05% |
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Tier $5,000 – $9,999.99 |
Minimum Balance to Earn APY $1,000 |
APY 0.05% |
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Tier $10,000 – $24,999.99 |
Minimum Balance to Earn APY $1,000 |
APY 0.05% |
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Tier $25,000 and over |
Minimum Balance to Earn APY $1,000 |
APY 0.05% |
|
Tier |
Minimum Balance to Earn APY |
APY |
|---|---|---|
|
APY = annual percentage yield, effective as of 8/30/2024 and reflects the current minimum APY offered. |
||
|
Tier $1,000 – $4,999.99 |
Minimum Balance to Earn APY $1,000 |
APY 0.05% |
|
Tier $5,000 – $9,999.99 |
Minimum Balance to Earn APY $1,000 |
APY 0.05% |
|
Tier $10,000 – $24,999.99 |
Minimum Balance to Earn APY $1,000 |
APY 0.05% |
|
Tier $25,000 and over |
Minimum Balance to Earn APY $1,000 |
APY 0.05% |
Additional features
Overdraft Protection
Our fixed-rate on demand credit line offers you a flexible reserve so you can cover checks and other withdrawals without any lag time and without needing to transfer funds.
Business Debit Card
Our Business debit card provides access to your Business Checking accounts anywhere a Visa® debit card is used. ATM access allows you to withdraw cash, check your balance, or transfer funds almost anywhere. Individual cards are available for signers on the accounts.
With our Business debit card, you can also:
- Make POS purchases wherever the Visa logo is displayed.
- Receive text or email notifications when your card is used.
- Save time by paying bills automatically.
Open a Business Checking Account
You can apply for all of our Business Checking products by completing our fillable PDF form and mailing it or dropping it off at any branch location.
Disclosures
- 1
- – Fees may reduce earnings.
- 2
- – Items included in debit/credit and item count are: checks (paper and electronic), ATM withdrawals, withdrawals, over-the-counter checks, wire transfers and safe deposit box fees. Deposits, debit card transactions, and ACH transactions are not included in the debit/credit and item count.