Business Accounts

No other bank knows small and mid-sized business like Monson Savings!

Unlike so many other banks, at Monson Savings…

  • No business is too small for us! Small businesses are the foundation of our economy, and we relish helping them prosper.
  • You never need to wait for the "regional office" to make their decision. We make all our decisions right here, every day. We're local, flexible and fast.
  • You never get relegated to a "help desk." When you have questions, you'll get answers from our accessible and friendly small business experts.
  • You can save time and money with our total business package of financing, cash management, and access to retirement plans and insurance for you and your employees.

Please take a moment to check out what our customers say

See all our business cash management services that save you time and money.

Additionally, we offer access to employer sponsored retirement plans, business insurance and business owner consulting.

Business Checking

Meet demands of any size with checking options that offer your business flexibility.

Small Business Checking

  • No monthly service fee
  • No minimum balance to maintain
  • 500 free in-branch or ATM deposited check items per month*
  • 500 free checks processed per month*
  • Free business debit card
  • Free online banking and bill pay
  • Free, paperless eStatements
  • Reserve line of credit available
  • Every dollar deposited at Monson Savings is fully insured by the FDIC and DIF

*Additional in-branch or ATM deposited check items and checks 50¢ each. See Fee Schedule for other fees that may affect your account.

  

Business Checking

Put your company in a position to win. This flexible commercial checking account gives you everything you need to get ahead of the competition. Manage your finances easily with no transaction limitations, low fees, and an earnings credit that can reduce or even offset charges. 

  • Manage volume of any size with no transaction limitations
  • Monthly earnings credit based on balance
  • Credit applied toward service fees and per-item transaction fees
  • Free business debit card
  • Free online banking and bill pay
  • Free, paperless eStatements
  • Reserve line of credit available
  • No minimum deposit to open
  • Every dollar deposited at Monson Savings is fully insured by the FDIC and DIF

  

Business Savings

Work toward short-term and long-term goals with our business savings options.

Business Statement Savings

In order for your business to succeed, it's important to be prepared for anything. Save money in this specially designated, interest bearing account so you've got the cash to handle whatever comes your way.

  • Tiered interest rates maximize returns
  • $10 minimum balance to earn interest
  • No monthly service fee
  • No minimum balance to maintain
  • Free online banking
  • Free, paperless eStatements
  • $50 minimum deposit to open
  • Every dollar deposited at Monson Savings is fully insured by the FDIC and DIF

  

Business Certificates of Deposit (CDs)

In a world of uncertainty, a CD can provide you with a safe investment for your idle funds. Lock in a good rate and let us handle the rest. Take the guesswork out of investing and open a CD today.

  • Higher returns than most savings accounts
  • Fixed rates for guaranteed returns
  • No monthly service fee
  • Various maturities available
  • Earnings compound monthly
  • Convenient automatic renewals
  • Earnings may be withdrawn at any time
  • Penalty for early withdrawal of principle
  • $1,000 minimum opening deposit
  • Every dollar deposited at Monson Savings is fully insured by the FDIC and DIF