GrowChecking for business

The account with earning power for sole proprietors and nonprofits. Webster Five understands the challenges facing sole proprietors and nonprofits in their goal of achieving consistent financial stability. That’s why our GrowChecking for Business provides interest on balances of $2,500 or more, plus 300 free items paid and/or deposited for sole proprietors and unlimited free items paid and/or deposited for nonprofits. You’ll also enjoy our great basic features, reimbursed fees from other bank ATMs and more. If you maintain an average daily balance of $5,000 or more, we’ll also waive the monthly maintenance fee.

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Features and benefits:

• Debit card
• Interest earned at $2,500 balance level
• 300 free items paid and/or deposited per statement cycle for sole proprietors (details below); unlimited free items per statement cycle for nonprofits
• No fees at ATMs within SUM network (details below)
• Reimbursed surcharge fees for ATMs outside the SUM network (3 per month)
• Mobile banking
• Online banking with alerts and reminders
• Online bill pay
• 24/7 telephone banking
• eStatements

Monthly maintenance fee:

$15 per month (waived for nonprofit organizations or when you maintain an average daily balance of $5,000 or more).

What’s included in free items paid and/or deposited?

This includes all checks paid and deposited, deposit tickets processed, and electronic debits and credits. Any items above 300 per statement cycle cost $0.50 each.

The SUM is greater.

Webster Five is part of the SUM network of ATMs. This means you not only get fee-free ATM usage at our ATMs, but at thousands of other bank ATMs across the country as well. Find a SUM network ATM

Business Banking Fee Schedule