Business Accounts
Simplify your business finances.
Alltrust Credit Union offers business banking solutions to help businesses in Southeastern Massachusetts and Rhode Island manage daily cash flow, accept and make payments, separate expenses, and save for future needs.
Business banking built for everyday operations.
Running a business means keeping money moving. Alltrust business accounts are designed to help you deposit funds, pay bills, manage operating expenses, save for future costs, and access your accounts through online and mobile banking.
Neighborhood branches in Fairhaven, Fall River, and New Bedford.
Make the most of your time with easy-to-use business online banking.
Bank virtually anywhere with our highly rated mobile app.
Pay fast with Apple Pay®, Samsung Pay®, or Google Pay™. No cash or card needed.
Access thousands of surcharge-free ATMs across the country.
Business checking account comparison.
Partner Business Checking
Great dividends. Want to keep your balance growing? This could be the best business account for you.
Thrive Business Checking
Everyday simplicity. Perfect for small-business owners who want a straightforward account to help them manage their finances quickly.
Features |
Partner Business Checking |
Thrive Business Checking |
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| Best For | Growing businesses that keep higher balances | Small businesses that want simple everyday checking |
| Primary Benefit | Earn dividends on qualifying balances | No monthly service fee |
| Monthly Service Fee | $20 monthly service fee | None |
| How to Waive Monthly Fee | Waived with minimum combined average daily balance of $25,000 | No waiver needed |
| Minimum Opening Deposit | $1,000 | $100 |
| Minimum Balance to Earn Dividends | $1,000 and over | None |
| Dividend / APY | Pays dividends; see current rates | Does not earn dividends |
| Included Transactions | 300 per statement cycle | 200 per statement cycle |
| Excess Transaction Fee | $0.40 per transaction after 300 | $0.25 per transaction after 200 |
| Business Online & Mobile Banking |
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| Business Debit Card Available |
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| Business Credit Card Available |
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| Free Basic Business Checks |
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| Best for Higher Balances |
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| Best for Simple Business Banking |
Open Account
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Open Account
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| Best For Growing businesses that keep higher balances |
| Primary Benefit Earn dividends on qualifying balances |
| Monthly Service Fee $20 monthly service fee |
| How to Waive Monthly Fee Waived with minimum combined average daily balance of $25,000 |
| Minimum Opening Deposit $1,000 |
| Minimum Balance to Earn Dividends $1,000 and over |
| Dividend / APY Pays dividends; see current rates |
| Included Transactions 300 per statement cycle |
| Excess Transaction Fee $0.40 per transaction after 300 |
| Business Online & Mobile Banking |
| Business Debit Card Available |
| Business Credit Card Available |
| Free Basic Business Checks |
| Best for Higher Balances |
| Best for Simple Business Banking |
| Best For Small businesses that want simple everyday checking |
| Primary Benefit No monthly service fee |
| Monthly Service Fee None |
| How to Waive Monthly Fee No waiver needed |
| Minimum Opening Deposit $100 |
| Minimum Balance to Earn Dividends None |
| Dividend / APY Does not earn dividends |
| Included Transactions 200 per statement cycle |
| Excess Transaction Fee $0.25 per transaction after 200 |
| Business Online & Mobile Banking |
| Business Debit Card Available |
| Business Credit Card Available |
| Free Basic Business Checks |
| Best for Higher Balances |
| Best for Simple Business Banking |
Core Business Savings
Save more to reach your goals.
Simply open our Core Business Savings account to get started. With a simple $5 deposit, you’ll gain access to our full array of financial services as an Alltrust business member.
Features:
- $5 minimum balance*
- 0.05% APY* (compounded monthly)
- No monthly service fee
*Minimum balance required to open account as well as to obtain advertised Annual Percentage Yield (APY).
Business Money Market
Need a place to save your business funds? No problem.
Everyday simplicity. Earn higher rates the more you save to keep your business funds growing.
- Tiered rates for any business1
- Unlimited deposits
- Manage your accounts online or using the Alltrust mobile app
1. Minimum opening deposit $25.00. Business members require a $5.00 Core Business Savings.
Business Online Banking
All-in-one control, all the time.
We understand that managing your business doesn’t end at the office. That’s why we offer free business online and mobile banking.
- Manage multiple business accounts.
- Add authorized banking users, and set permission controls.
- Process payroll and accounts payable.
- Positive Pay – Automatic check management to help avoid losses from altered or forged checks.
- Control cash assets such as managing investments and liability.
To enjoy these Business Online Banking features, just give us a call at 508.994.9971, and our team will guide you through the process.
Protecting Your Account
Extra steps to protect your account.
We offer convenient tools and features to help you reduce risk and extra expenses.
- Avoid costly overdraft fees with affordable overdraft options.
- Protect your financial identity with these free resources.
- Get real-time alerts about important account activity.
We can’t wait to see what you’ll do next.
We’ll support your business every step of the way. Reach out today!
Frequently asked questions
Most businesses need a checking account for daily deposits, payments, and expenses. Some businesses also use savings or money market accounts to set aside funds for taxes, payroll, seasonal costs, or future growth.
Compare monthly fees, transaction limits, minimum balance requirements, digital banking tools, deposit needs, and how often your business sends or receives payments.
Yes, many businesses use a separate savings account to hold funds for taxes, emergency expenses, equipment, seasonal needs, or planned growth. Contact us to discuss your business needs.
To open a business checking or savings account at Alltrust Credit Union, you will typically need your Employer Identification Number (EIN) or SSN (for sole proprietorships), your business formation documents (Articles of Organization or Business Certificate), and a minimum $5 deposit for your Core Business Savings account.
