Putnam Bank has eight branch locations and a loan center in Connecticut. Its small business offerings include business savings and checking accounts, lending, merchant card processing, remote deposit capture, safe deposit boxes, and investment services. Putnam Bank has an A+ Better Business Bureau rating and a mix of positive and negative reviews online.
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Putnam Bank Business Checking Rates & Fees
|Monthly Fee||$10 per month if the balance requirement is not met|
|Minimum Balance Requirement||$1,500|
|Transaction Fee||200 free transactions per month, $0.25 each thereafter|
|Wire Transfer Fee||Domestic (incoming): $10|
Domestic (outgoing): $20
International (incoming/outgoing): $40
|Cash Deposit Fee||Information not available|
|Overdraft Fee||$30 each|
|ATM Fee||$1.50 per foreign ATM transaction|
Putnam Bank Network
Putnam Bank has eight branch locations and a loan center in Connecticut. You can use its branch locator to check which locations are closest to you.
Putnam Bank Additional Business Banking Services
Putnam Bank also offers the following business services: business savings and money market accounts, credit cards, lines of credit, and different types of commercial loans, such as business term, equipment, construction, and SBA loans. It currently does not offer wealth management. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
Best Business Checking Account for Small Businesses
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