Farmington Bank has over 20 branches located in Connecticut and Western Massachusetts. Their customers can also access their funds from any ATM for free. Their small business offerings include business savings and checking accounts, lending, cash management, merchant and payroll services, financial planning, investment solutions, and more. They have an A+ BBB rating and generally positive reviews online.
Farmington Bank Business Checking Rates & Fees
|Free Business Checking||Platinum Business Checking|
|Monthly Fee||No monthly fee||$12 per month if balance requirement is not met|
|Minimum Balance Requirement||No minimum balance requirement||Daily balance of $2,500|
|Transaction Fee||No transaction fee||300 free transactions per statement period, $0.25 each thereafter|
|Wire Transfer Fee|
Outgoing (domestic): $25
Outgoing (international): $35
|Cash Deposit Fee|
Farmington Bank Network
Farmington Bank has over 20 branches serving individuals and businesses in Connecticut and Western Massachusetts. They also offer their customers access to their funds from any ATM at no cost. You can use their branch locator to see which locations are closest to you.
Farmington Bank Additional Business Banking Services
Farmington Bank also offers the following business services: business savings and money market accounts, lines and loans, business credit cards, SBA and commercial real estate financing, and wealth management. 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.