Solutions for your business
The Lowell Five Cent Savings Bank is passionate about finding ways to simplify your finances. Our cash management products and services provide your business with endless options, and we will work with you to find the right solution for your business.
Transfer funds between another bank and your Lowell Five account. Automatically debit consumer accounts and increase your available cash flow.
NOTICE TO EXISTING ACH BUSINESS CUSTOMERS: On an annual basis, it is suggested that you download the most recent version of the NACHA rules. The rules book will provide a section on what has changed or about to change. Should any changes affect the way you process files, you should contact your Account Officer at Lowell Five for further support and instructions. To obtain the most recent version of the NACHA rules, do an online search for ‘NACHA Operating Rules Online’. Once at the NACHA site, either select the New User Sign Up option and register as a new user with a basic subscription (free) or if you have already established a User Login and password, select User Login.
One main operating account with a rent lease account for each tenant, all on one statement.
Lowell Five offers merchant services through a partnership with Elavon®. This program allows your business to accept MasterCard, Visa, Discover, and American Express cards.
In partnership with Sage Payroll Services, we offer a suite of payroll solutions for businesses of all sizes.
The security of knowing that checks can only be cashed for the correct amount on the correct date.
Scan any type of check at your business location and electronically deposit it into any of your Lowell Five accounts.
Wire Transfers provide a simple, secure and timely transfer of your company funds virtually anywhere in the world. Funds may be sent in U.S. dollars or foreign currency. Lowell Five Bank customers can wire funds in-person at any of our branch locations, or online through Lowell Five Business Online Banking. If you are a Business Online Banking customer and would like the Wire Transfers option enabled on your online banking account, please contact our Cash Management Team at 978-452-1300.
Zero Balance Accounts
Consolidate funds from multiple accounts into a “master account.”