Eaton Federal Savings Bank

Business Accounts

Business Accounts
Small businesses and sole proprietorships require convenient, flexible and low cost banking products with service they can count on. They also require competitive returns on their balances so their idle cash is working for them. Eaton Federal Savings Bank has tailored its business accounts to offer exactly that; the right products with the rates, terms and features that small businesses need to succeed.

Thrift Business Checking
The Thrift Business Checking account is for the unincorporated business that maintains a relatively small balance, desires low costs and demands easy access and convenience.

Only $50.00 to open this account

Only a $50.00 average balance to avoid fees

No per check fee

No per deposit or per item deposited fees

No interest
No coin or currency fees

Business Checking
The Business Checking account is for the unincorporated business that desires to earn interest on the balance it maintains and demands the utmost in convenience and value.

Only $300.00 to open this account

Only a $300.00 average balance to earn interest and avoid fees

Earn an attractive rate of interest
No per check or per item deposited fees
No coin or currency fees

Corporate Checking
The Corporate Checking account is for incorporated businesses such as corporations, limited liability companies and partnerships.

Only $300.00 to open this account

Only a $300.00 daily balance required to avoid a monthly maintenance fee

First 200 checks paid and first 200 items deposited free

An Earnings Credit accrues on the daily balance and is used to offset fees. Maintain a high enough balance and all fees can be offset.
No coin or currency fees

Business Savings Accounts
Our Statement Savings account is available to businesses who desire to earn interest on their idle cash balances but want to maintain the funds in a completely liquid account. The rates, terms and most of the services are identical to those offered on our individual Savings Accounts.

Business Certificates of Deposit
All of our Certificates of Deposit are available to businesses who desire to earn a high rate of interest on the cash they will not need in the immediate future. The rates and terms are identical to those offered on our individual Certificates of Deposit.

Account Services and Features
Most of the convenient features and services available on our individual accounts are also available on business accounts, as applicable. See our Account Services page and Deposit Account Disclosure for a complete description of account terms and services.

FDIC Insured
Check images available with your monthly statement
Night deposit box at each of our locations
Free telephone banking / text message banking 24 hours a day, seven days a week
Overdraft protection tied to another Eaton Federal account (for a $5 per transaction fee)
Full service Online Banking

Need Credit Card Processing? We can help.

NOTICE
Under Federal banking regulations (12 CFR 233.6) commercial customers must receive notice of the prohibition of conducting unlawful internet gambling transactions through banking systems. This notice provides you with the required notice.

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