Free Business Checking

Our Free Business Checking account allows you to focus on your business objectives without worrying about monthly maintenance fees or excess transaction charges.

  • $10 minimum deposit to open
  • No minimum monthly balance required
  • No monthly maintenance fee
  • No excess transaction fees
  • Free online banking and bill pay
  • Free mobile banking and mobile deposit*

*We do not charge a fee for this service but message and data rates may apply.

Business Interest Checking

Earning interest on your checking balances is just one of the great benefits you'll receive with our Business Interest Checking account.

  • A $10 minimum to open the account
  • $15 monthly maintenance fee that is waived when a minimum daily balance of $2,5001 is maintained
  • No monthly excess transaction fees
  • A competitive interest rate
  • Free Online Banking and Bill Pay
  • Free Mobile Banking2 with Mobile Deposit

Minimum balance requirement is waived for non-profit organizations.

2 We do not charge a fee for this service but message and data rates may apply from your wireless carrier.




Deposit client escrow money into an Interest on Lawyers Trust Account (IOLTA), an interest-bearing account offered at no cost to lawyers and their clients. Interest from lawyer trust accounts is pooled to provide civil legal aid and support improvements to the justice system.

At Beverly Bank, every deposit is insured in full. Federal Deposit Insurance Corporation (FDIC) insures each depositor to at least $250,000. All deposits over and above this amount are covered by the Share Insurance Fund (SIF).

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