Andover Bank has 11 branches in Northeast Ohio and Northwest Pennsylvania, as well as thousands of surcharge-free ATMs nationwide through their MoneyPass network. Their small business offerings include business checking accounts, lending, credit cards, cash management, merchant card processing, and more. They are rated 4 stars on Bankrate and Yelp.
Andover Bank Business Checking Rates & Fees
|Monthly Fee||No monthly fee|
|Minimum Balance Requirement||No minimum balance requirement|
|Transaction Fee||75 free transactions per month, $0.25 each thereafter|
|Wire Transfer Fee||Incoming (domestic): $15|
Incoming (international): $20
Outgoing (domestic): $30
Outgoing (international): $50
|Cash Deposit Fee||Information not available|
|Overdraft Fee||$33 per item|
$2 daily Continuous Overdraft Fee (starting on the 11th day)
|ATM Fee||$3 per foreign ATM transaction|
Andover Bank Network
Andover Bank has 11 branches in Northeast Ohio and Northwest Pennsylvania. They are also part of the MoneyPass network, which provides their customers access to thousands of surcharge-free ATMs nationwide. You can use their branch locator to see which locations are closest to you.
Andover Bank Additional Business Banking Services
Andover Bank also offers the following business services: business lines of credit, credit cards, business loans, SBA funding, and commercial real estate financing. Although they offer personal savings accounts, they currently do not have business savings and money market account offerings. Find out more about their small business offerings on their website.
|Online & Mobile Banking||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
|Money Market Accounts||x|
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 10 options.