Business Checking
Cornerstone Business Checking
Our most popular account!
- Low minimum balance
- Best for businesses with with a moderate number of transactions
Cornerstone Business Plus Checking
- Cash Management Services Available
- Allows for a higher number of transactions
Flagship Business Checking
-
Cash Management bundle pricing available
- Free ATMs*
-
A free personal Flagship Checking Account for the owner
Business NOW
- Earn Interest
-
For Sole Proprietors, Municipalities, homeowner/ condo associations, and Not-for-profits.
Need A Closer Look?
Compare Accounts
| Cornerstone Business Checking |
Cornerstone
Plus Business Checking
|
Flagship Business Checking | Business NOW | |
|---|---|---|---|---|
| Monthly Account Fee | $10 | $15 | $35 |
$12.50
Waived for 501 (c) (3)
|
|
Balance to Waive Monthly Fee
|
$1,000 minimum daily balance
|
$5,000 average monthly balance | $35,000 average monthly balance |
$1,500
minimum daily balance
$35,000 combined deposit balance
|
|
Bundle Pricing (optional)
- Remote Deposit Services
- Positive Pay
- Electronic Data Interchange
|
 |
$60
per month
|
No charge by maintaining $35,000 average monthly ledger balance, otherwise $60 per month |
$60
per month
|
|
Cash Management Set-Up (one time charge)
|
$60
Rebated after 1 year of using service
|
$30
Rebated after 6 months of using service
|
No charge |
$60
Rebated after 1 year of using service
|
| Number of no charge items per month | 125 | 500 |
Unlimited
|
200 |
|
Statement Fee per month
(free eStatements)
|
$3
|
$3
|
No charge
|
$3
|
| Check printing discount | |
$50
on 1st order
|
$100
on 1st order
|
|
|
Flagship Business Special Features
- Free ATM across the U.S.
- Free Personal Flagship Account
- Free Bank Checks and Money Orders
|
|
|
See Flagship details below
|
|
Flagship Business Checking
Free ATMs across the U.S. means we will reimburse the fee charged to you by the ATM owner within one business day of the transaction.
Business NOW Checking
This account is available only to Sole Proprietors, Municipalities, homeowner/ condo associations, and Not-for-profits.
FAQ
How do I open a business checking account?
Visit your local Newtown Savings Bank branch.
What do I need to open a checking account?
Documents required to open a Business or Organization Account.
Can I add my Newtown Savings Bank Visa® Business debit card to my Mobile Wallet?
Yes! You can add your Newtown Savings Bank Business debit card to your mobile wallet for quick, easy and secure transactions. You'll save time, have everything you need right from your phone and get the benefit of increased security.
When will I receive my debit card and/or checks?
You should receive your debit card in any of our branches or it can be obtained via US mail if preferred. Checks should be received within 7-10 business days after opening an account, if requested at account opening. You can begin using your debit card as soon as the card is activated and your Personal Identification Number (PIN) is set up.