Lowell Five offers account options for businesses of all sizes. Our checking accounts combined with savings accounts, commercial lending services, and our cash management tools create the perfect suite of banking solutions for your business.
And you can rest easy knowing all Lowell Five accounts are insured in full by the FDIC and the DIF.
Rates are effective 7/11/2023
Premier Business Checking
This account appeals to more established businesses who want more control over their banking or have advanced needs, such as wire transfers.
Features
| Earns Interest | 0.05% |
| Minimum Balance to Avoid Fee | $15,000 |
| Below Min Balance Fee | $20 |
| Additional Benefits | Free ATMs. One free domestic wire transfer every month. $300 credit towards check orders or banking supplies each calendar year. |
Advantage Business Checking
Designed for businesses with more complex cash management needs who still want to earn interest but maintain a low minimum account balance.
Features
| Earns Interest | 0.02% |
| Minimum Balance to Avoid Fee | $5,000 |
| Below Min Balance Fee | $10 |
| Additional Benefits | No account analysis fees. |
Free Business Checking
This is a basic Free Business Checking account with no minimum balance requirement, no transaction limits, and no monthly fees.
Features
| Earns Interest | None |
| Minimum Balance to Avoid Fee | None |
| Below Min Balance Fee | None |
| Additional Benefits | No per item fees. |
Additional Banking Solutions
Enjoy these optional conveniences:
| Online & Mobile Business Banking | Cash Management Services |
| eStatements Enrollment | Overdraft Protection Enrollment |
| Business Companion Savings |