Alden State Bank serves people and small businesses in Alden and Lancaster, New York, and the surrounding communities. Their customers also have access to 2,000 network fee-free ATMs. Their small business offerings include savings and business checking, business loans, and cash management. They have an A+ BBB rating, and generally positive reviews on Facebook and Bankrate.
Alden State Bank Business Checking Rates & Fees
|Monthly Fee||No monthly fee|
|Minimum Balance Requirement||No minimum balance requirement|
|Transaction Fee||50 free transactions each month, 35¢ per transaction thereafter|
|Wire Transfer Fee||Domestic wire transfer: $25|
International wire transfer: $30
|Cash Deposit Fee||N/A|
|Overdraft Fee||$32 each|
$10 Extended Overdraft Fee (for every 5 consecutive business days that account remains overdrawn until 50 business days)
|ATM Fee||Non-Alden State Bank ATM transaction: $2.50 per transaction|
Alden State Bank Network
Alden State Bank has two physical locations – in Alden, NY and in Lancaster, NY. Their customers also have access to 2,000 network fee-free ATMs. You can use their branch locator to see what locations are closest to you.
Alden State Bank Additional Business Banking Services
Alden State Bank also offers the following business services: mobile and online banking, business savings and money market accounts, business line of credits, as well as business / SBA loans, and commercial mortgages. They currently do not offer business credit cards and wealth management services. Find out more about their small business offerings on their website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||x|
|Commercial Real Estate Loans||✓|
Best Small Business Business Checking Account
Want to know which bank we named the best business checking account for small businesses? Read our business checking account buyer’s guide comparing the top 6 options.