Checking account solutions for your expanding business.

At Chelsea Groton, we want to support businesses at every level of growth. Our team will work alongside businesses, municipalities and non-profits to determine the checking account option that best meets their needs. All accounts are accompanied by complimentary services.

Small Business Owners unpacking

Compare our business checking products.

  • Business Prime Checking* – For those with low transaction activity, this account has no fixed monthly service charge and no minimum balance requirement.
  • Business Relationship Checking – Designed to support higher transaction activity, service charges are waived if an account maintains a designated or combined monthly average balance.
  • Business Analysis Checking – Appropriate for those with larger account balances where the “earnings credit” will reduce monthly service charges and fees associated with Cash Management Services.
  • Business Sweep Checking – Designed to support businesses with high transaction volume or large account balances where the “earnings credit” is used to offset monthly charges, this account has the added benefit that a sweep arrangement can automatically transfer funds to maintain a target balance in the checking account, while enhancing the earning potential of idle funds.
  • Non-Profit Checking* – For non-profits with limited transaction volume, there is no fixed monthly service charge and no minimum balance requirement.
  • Interest on Lawyer’s Trust Account (IOLTA) – To help maintain client escrow accounts.
  • Interest on Real Estate Brokers Trust Account (IOREBTA) – To help maintain client escrow accounts.

To learn more about which checking account could be right for you, call our business banking team at 860-448-4203, or stop by your local branch to speak with a branch manager.

*eStatements are provided free of charge with this account. However, paper statements delivered via postal mail are available for a $2.00 monthly service charge. 

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Please Note: Hyperlinked sites are not FDIC insured. Their content and functionality are not under the control or responsibility of Chelsea Groton Bank. Chelsea Groton Bank is not responsible for any link contained in any third party's site. We urge you to confirm the identity and authenticity of any third party hyperlink you enter.

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Please Note: Hyperlinked sites are not FDIC insured. Their content and functionality are not under the control or responsibility of Chelsea Groton Bank. Chelsea Groton Bank is not responsible for any link contained in any third party's site. We urge you to confirm the identity and authenticity of any third party hyperlink you enter.

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