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Business Checking

We know you want to spend your time managing your business – not your bank accounts. When it comes to smart choices in business deposit accounts, you’ll find everything you need here at The Savings Bank!

Let our experienced team of business bankers help choose the right account for your business.

AngeliniPlastering

Business Value Checking

Our Business Value Checking offers:

Business Premier Checking

Our Business Premier Checking is perfect for accounts with a higher volume of transactions and higher balances, and it offers:

Business Non-Profit Checking*

We developed an account with the unique needs of non-profit organizations in mind, big or small. There’s no monthly fee, and lots of convenient benefits.

  • Unlimited deposits and withdrawals
  • TSB BusinessCard® debit card available
  • 24-Hour Access to Business Online & Mobile Banking

    *IRS determination letter of tax-exempt status is required.

IOLTA

IOLTA is an acronym for Interest on Lawyers Trust Accounts.

  • No monthly maintenance fees
  • Only $10 required to open the account
  • Interest paid directly to the Massachusetts IOLTA Committee
  • Online Wire Transfers available (Business Checking and Business Online Banking required)

Deposit Insurance

Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF). Click for information about Deposit Insurance.

From our customers
“The staff in the Methuen office could not be kinder.”

From our customers
“I’ve used TSB for approximately 40 years. They have always been helpful and kind. Never had an issue. Love banking with TSB and all of the wonderful employees.”

From our customers
“Love the employees at the North Reading Office. They are so friendly and helpful.  The teller and the customer service representative are the BEST!!”

From our customers
“I like the real hometown feel you get with The Savings Bank. Staff at ALL branches are wonderful, making the personal interaction very pleasant.  I have been banking with you since 1978 and have never had even one issue.”

From our customers
“I have been banking with TSB for many years and I am very satisfied with them. Why wouldn’t you want to come and bank there?”

From our customers
“I feel you excel in all areas but I am very appreciative of the kindness with which I have been treated all these years, by everyone at the TSB, whether in person or on the phone.”

From our customers
“The people I encounter at Lakeside and Main Street are always helpful and friendly. I enjoy that they actually care about me even though I am not one of your bigger clients.”

From our customers
“Love the personal connections with the bank personnel.”

From our customers
“I have been banking here for a number of years. I love this bank! Customer service is awesome. Anytime I had a problem it was resolved professionally.”

From our customers
“I feel you excel in all areas but I am very appreciative of the kindness with which I have been treated all these years, by everyone at the TSB, whether in person or on the phone.”

From our customers
“Your staff is the best.”

From our customers
“I stay with TSB because I know if I have an issue, I can reach out to an actual person and get help. It is what separates TSB from the big banks.”

From our customers
“Just great!”

From our customers
“Love everything!”

From our customers
Friendly, helpful, and pleasant tellers in the Greenwood, Wakefield branch!

Talk to The Savings Bank

To find out how The Savings Bank can help you achieve all your financial goals, visit one of our offices, use our contact form, or call us at 800-246-2009.

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