Checking
Let our knowledgeable bankers help you find the checking account that best meets your business needs.
BUSINESS PREMIER CHECKING
Our account for businesses that will benefit from a full suite of cash management and lending services. The choice account if you are looking to optimize your cash on hand and minimize expenses with low to no fees. Monthly maintenance fee is waived or reduced with the earnings credit based on your average daily balance.
COMMUNITY FIRST NON-PROFIT CHECKING
Our account to help support the good work being done by registered non-profit organizations and associations. Ideal for your unique banking needs, this account has a low minimum balance to open and no monthly service charge, helping you achieve your goals.
BUSINESS CHECKING
Our account for businesses with higher transaction activity, and larger average balances who would like to optimize their cash on hand. A monthly earnings credit will be calculated and credited against accrued service charges for the month. This credit is used to help offset charges for the month, as this is a non-interest bearing account.
SMALL BUSINESS CHECKING ACCOUNT
This non-interest-bearing account is perfect for businesses with low monthly transaction activity. With no minimum balance and no monthly maintenance fee, you and your small business will benefit from this relationship with Ledyard.
|
Business Premier Checking |
Community First
Non-Profit Checking |
Minimum Balance |
$5,000.00 minimum balance to open |
$100.00 minimum balance to open |
Monthly Service Charge |
$75.00 |
None |
Items* Free |
First 500 items free, $.50 per item thereafter |
First 250 items free, $.50 per item thereafter |
Interest Bearing |
No |
No |
Earnings Credit |
Yes |
No |
eStatements |
Enrollment required to avoid $3.00 per paper statement fee |
Optional - $3.00 per paper statement fee applied if not enrolled |
Benefits & Features |
Includes full bundle of Cash Management services:
- Wires
- ACH
- Positive Pay Fraud Protection
- Desktop & Mobile Remote Deposit Capture
- 4 non-LNB ATM fees are reimbursed each month
- Complimentary Business Bundle order via Main Street Checks (first order only)
(hardware not included such as Scanners/Tokens) |
Includes at no cost:
- Business Online Banking
- Bill Pay
- Mobile Remote Deposit Capture
Additional Cash Management services are available at cost |
* Items include checks deposited, paid, or cashed
|
Business Checking |
Small Business Checking |
Minimum Balance |
No |
No |
Monthly Maintenance Fee |
$5.00 |
No |
Deposit Fee |
$0.50 per deposit |
First 5 deposits free ($0.50 each thereafter) |
Items* Deposited Fee |
$0.10 for each non-LNB item deposited |
No |
Check Paid Fee/Withdrawal Charge |
$0.20 per check paid |
First 30 checks free ($0.20 each thereafter) |
Interest Paid |
No |
No |
Earning Credit |
Yes: Calculated monthly based on average balance to offset account fees |
No |
eStatements |
Enrollment required to avoid $3.00 per paper statement fee |
Enrollment required to avoid $3.00 per paper statement fee |
* Items include checks deposited, paid, or cashed
Contact Us
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Use our Switch to Ledyard Kit for a seamless transition to your new Ledyard business checking account.