Eastern Bank has more than 120 locations in Massachusetts and New Hampshire, as well as hundreds of surcharge-free ATMs through their SUM ATM network. They offer business checking and savings accounts, lending, cash management, merchant and payroll services, investment solutions, insurance, and more. They have an A+ BBB rating and a mix of positive and negative reviews online.
Eastern Bank Business Checking Rates & Fees
|Monthly Fee||No monthly fee|
|Minimum Balance Requirement||No minimum balance requirement|
|Transaction Fee||100 free monthly transactions, $0.50 each thereafter|
|Wire Transfer Fee||Incoming (domestic/international): $12|
Outgoing (domestic): $23
Outgoing (international): $45-$70
|Cash Deposit Fee||Information not available|
|Overdraft Fee||$35 per item (maximum of 5 items per day)|
|ATM Fee||$2 per foreign ATM transaction|
Eastern Bank Network
Eastern Bank operates more than 120 locations in eastern Massachusetts and southern and coastal New Hampshire. They also offer hundreds of surcharge-free ATMs through their SUM ATM network. You can use their branch locator to see which locations are closest to you.
Eastern Bank Additional Business Banking Services
Eastern Bank also offers the following business services: business savings and money market accounts, lines of credit, business credit cards, and wealth management, as well as SBA, business term and commercial real estate loans. Find out more about their small business offerings on their website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|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 10 options.