Free Business Checking
Free Business Checking with Thomaston Savings Bank keeps your overhead low. Open your account with a low $100 minimum deposit and enjoy a genuinely fee-free account with no monthly service fees. Each monthly cycle includes 300 free transactions, with a $0.25 per-item fee beyond that. You get a Business Visa® Debit Card, online and mobile banking with Bill Pay, free eStatements, and surcharge-free access to over 32,000 MoneyPass® ATMs nationwide. If your business runs at moderate transaction volume and you want straightforward banking backed by a local team across 16 Connecticut locations, this account is built for you.
Bank and Go
If you're a business owner with moderate account activity, our Free Business Checking account makes perfect sense. With no monthly service fees and hundreds of free transactions per monthly statement cycle, you can save time and money while still getting the features you need to manage your business finances efficiently.
Free Business Checking Highlights
No monthly service fee: Save your hard-earned money by avoiding unnecessary fees.
300 free transactions per monthly statement cycle:1 Focus on running your business, not on counting your transactions.
Online & Mobile Banking with Bill Pay: Bank anytime, anywhere.
Business Visa® Debit Card: Conveniently make purchases and withdraw cash wherever Visa is accepted.
Free eStatements: Access your statements quickly and securely, 24/7.
Surcharge-free MoneyPass® ATMs nationwide: Withdraw cash from over 32,000 ATMs nationwide without paying a surcharge.
How to Effectively Manage Small Business Finances
Gain a few simple tips that small business owners can use to more effectively manage their money.
Frequently Asked Questions: Free Business Checking
No. There is no monthly service fee on the Free Business Checking account at Thomaston Savings Bank.
You can open a Free Business Checking account with a minimum deposit of $100. After opening, there are no ongoing monthly balance requirements to maintain the account.
The Free Business Checking account includes 300 free transactions per monthly statement cycle. Transactions beyond 300 are $0.25 per item.
Each debit, credit, check, and ACH item typically counts toward your monthly transaction total. Contact Thomaston Savings Bank directly to confirm how specific transaction types are counted for your business.
Free Business Checking is designed for business owners with moderate monthly account activity. If your volume regularly exceeds 300 transactions per cycle or you need cash management tools like ACH origination or remote deposit capture, Commercial Checking may be a better fit.
The account includes online and mobile banking with Bill Pay, a Business Visa® Debit Card, and free eStatements accessible 24/7.
Yes. Your Business Visa® Debit Card provides surcharge-free access to over 32,000 MoneyPass® ATMs nationwide.
Many large banks advertise free business checking but require minimum balances or minimum monthly deposits to avoid fees. Thomaston Savings Bank does not. You also get local relationship banking with 16 branches across Connecticut rather than a national call center.
Yes. Thomaston Savings Bank offers Commercial Checking for businesses with higher transaction volumes and more complex cash management needs.
Ready to Get Started?
Fill out the form below to get in touch and find out more about our Free Business Checking.
1$0.25 per item beyond 300 free transactions
