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Business Banking

Jignesh Patel, JNR Management

Our relationship with L5 is based on trust and understanding – we trust the bank and they understand our business.

Business

Business Banking

Banking for Businesses and Municipalities

Business Checking

With convenience, security and control in mind, Lowell Five’s business checking solutions are designed to meet the needs of any business.

Find Your Account

Current Rates

Checking AccountsMinimum BalanceAnnual Percentage Yield
Advantage Business Checking$5,0000.05%
Premier Business Checking$10,0000.05%
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Business Savings

Expand your banking relationship with our flexible companion savings accounts paired with your checking.

Expand your Options

Business Companion Savings

Minimum BalanceAnnual Percentage Yield
$0.00 – 9,999.990.05%
$10,000 – 24,999.990.20%
$25,000 – 49,999.990.30%
$50,000.00 +0.45%
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Business Money Market

Earn higher interest on your savings while keeping liquidity with the flexibility of the occasional withdrawal.

Get Flexibility

Business Money Market

Minimum BalanceAnnual Percentage Yield
$2,500.000.20%
Open your account today

Certificates of Deposit

If you have cash you don’t need immediately, consider a CD and get your money earning a higher interest rate.

Learn more

Current Rates

Account TermMinimum Opening  BalanceAnnual Percentage Yield
35 Month Promotion CD$500.002.00%
55 Month Promotion CD$500.002.20%

Fees could reduce earnings.  A penalty may be assessed for early withdrawal.  Rates effective 9/26/2019.

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Business Online & Mobile Banking

Lowell Five offers tailored online and mobile banking experiences designed especially for businesses.

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Client relationships

Building your trust every day

Wamesit Lanes, Tewksbury, MA

Support and backing helped the MacLarens replace a tired motel with their thriving 45,000 sq-ft dream entertainment complex.

Town of Dracut, MA

Providing for the complex banking needs of a town of 32,000 requires flexibility and a wide array of municipal banking services.

Dracut Town Hall

TownPlace Suites Marriott, Tewksbury, MA

A customized loan package and a quick turnaround on an aggressive closing schedule made it easier to acquire a 94 room extended-stay hotel complex.

Adie Conway, Chelmsford

Great rates and customer service helped this family-owned business expand from one doughnut shop to over 30 Dunkin’ franchises.

O’Neil Cinemas, Littleton, MA

Financial backing despite development delays and rising costs meant a deal to develop a new state-of-the-art theatre and restaurant complex stayed on track.

Dan O’Neill Sr, president and CEO of O’neil Cinemas, Executive Vice Presidents Daniel R. O’Neil and Timothy M. O’Neil with Lowell Five Bank Chief Lending Officer Don Bedard.

Dracut Place Assisted Living, Dracut, MA

Financing from L5 means a 160-unit assisted and independent living facility that will bring 50 jobs to Dracut