Checking
We have account to meet your needs! All of our business checking accounts come with great standard features.
Business Banking
Standard Features
- Visa Debit Card with free foreign ATM transactions*
- Card Controls
- Online Banking
- Online Bill Payment
- Popmoney
- eStatements
- Touchbanking Mobile App (message and data rates may apply)
- Mobile Deposit
- Mobile Wallet
- Instant Balance
- Free Thank You Gift and Money for your old checks and Debit Card**
We reserve the right to substitute a gift of similar value. Offer good on personal accounts only; business and corporate accounts do not qualify for these plans. Bank rules and regulations apply. Minimum opening deposit is only $10. Ask us for details.
* No charge for the first five foreign ATM transactions per month (unlimited transactions on High Interest Checking); however, other institutions may impose a fee for the use of their ATMs that are not part of the SUM™ Network.
** Up to $10 for checks and debit cards from another financial institution given at the time the checks/debit cards are presented.
Totally Free Business Checking
Perfect for most businesses
- No minimum balance
- No monthly service charge
- 1,000 FREE monthly transaction items
- Up to 10,000 currency deposited per month FREE
- No per check charge
Business Interest Checking
Perfect for qualifying sole proprietorships and not-for-profit organizations
- Competitive interest
- 1,000 FREE monthly transaction items
- Only $1,500 minimum balance to avoid a low monthly fee of $6
- Up to 10,000 currency deposited per month FREE
Lending
We offer many commercial loan products.
Commercial Real Estate Loans
- Acquisition
- Construction and Construction to Permanent
- Rehab and Renovation
- Lines of Credit
Construction Loans
- Builder Construction
- Owner-Occupied Construction to Permanent
- Rehab and Renovation
Merchant Services
Payroll
With limited time and support staff, it may be more cost-effective to outsource your company’s payroll functions. Our trusted business partners can efficiently handle all of your payroll requirements.
Payment Processing
Let us tailor your business needs!
Canton Co-operative Bank offers secure payment processing services through Clover!
We can help you:
- Accept more types of payments including EMV® chip cards, Apple Pay® and Samsung Pay®
- Protect your customers, business, and reputation from fraud with built-in security
- Generate more visits and more sales through mobile loyalty and rewards programs
- Uncover new insights and compare sales against competition within your market
- Grow your business online and manage everything in one place
- Manage inventory, employee schedules, payroll and more
- Turn future credit card sales into working capital with Clover Capital – no fixed payment amount, no fixed term, no interest rate
It’s easy (and free!) to find out what Canton Co-operative Bank and Clover can do for you. Call or email Assistant Branch Manager Kim Banks at 781-828-8811 x 380 or Learn More here.
Savings
Don’t wait another day to enhance your savings and investments! At Canton Co-operative Bank, our products are designed to meet all of your savings goals.
Business Savings
A great way to start saving
- Earns competitive interest
- Unlimited deposits
- Unlimited teller withdrawals at our location
- Only $10 to open
- Minimum balance of $20 to avoid $1 monthly maintenance fee
Business Money Markets
Tiered rate products offering competitive rates of interest and easy access to your funds
- Earn competitive interest – higher balances earn higher rates
- Visa® Debit Card
- Unlimited deposits
- Unlimited teller and ATM withdrawals at our location
- Up to six transfers per statement cycle
- Online Banking
- eStatements
- TouchBanking Mobile App (Message and Data rates may apply)
- Only $10 to open
- Standard Money Market – minimum balance of $2500 to avoid $5 monthly maintenance fee
- Premium Money Market – no minimum or maintenance fee
Business CDs
Great rates and terms to meet your needs
- Terms available from three months to four years*
- Low $1,000 minimum investment
- Interest may be reinvested into the CD or deposited into another account
* Early withdrawal penalties may apply
Business Credit Card
Choose the card that is right for your business – Standard Card with no annual fee or the Preferred Points Rewards Card.
Standard Card
Features
- No annual fee.
- Competitive ongoing APR.1
- 25-day interest-free grace period on all purchases. No grace period on cash advances.
- Individual and summary billing options.
Benefits
- 24-hour toll-free live customer assistance available at 800-367-7576.
- Online account information available 24/7 at cardaccount.net.
- Car rental insurance coverage and a host of extraordinary Mastercard benefits.
Fees
- Other fees may be charged, these fees are listed on the downloadable application.
Extraordinary Mastercard® BusinessCard benefits include:
- Car Rental Insurance
- ID Theft Protection
- Global Service
- Mobile Receipt Management
- Easy Savings
Certain restrictions apply to each benefit detailed in the applicable benefits brochure received with new credit card.
1Please see application for information about current APRs and fees.
Preferred Points Rewards Card
Features
- Earn one reward point for each dollar spent, up to 10,000 points per month.
- Low annual fee of $49.00 per account.
- Competitive ongoing APR. 1
- 25-day interest-free grace period on all purchases. No grace period on cash advances.
- Individual billing option only.
Benefits
- Redeem your rewards points for cash-back awards, retail gift cards, travel and a wide variety of merchandise including cameras, home theater systems, portable DVD players, sporting equipment, jewelry, luggage, electronics, video game equipment, gift cards and more.
- To view or redeem rewards points, visit mypreferredpoints.com or call 866-678-5191.
- 24-hour toll-free live customer assistance available at 800-367-7576.
- Online account information available 24/7 at www.cardaccount.net.
- Car rental insurance coverage and a host of extraordinary Mastercard benefits.
Fees
- Other fees may be charged, these fees are listed on the downloadable application.
Extraordinary Mastercard® BusinessCard benefits include:
- Car Rental Insurance
- ID Theft Protection
- Global Service
- Mobile Receipt Management
- Easy Savings
Certain restrictions apply to each benefit detailed in the applicable benefits brochure received with new credit card.
1Please see application for information about current APRs and fees.
Apply Now
- Download the PDF of the application.
- Type the information and then print the application (you cannot save the document, so print an extra copy for yourself), or print it and then complete it using a blue or black pen.
- Supporting documents vary depending on the type of business you have. See chart below.
- Fax your completed application to the Card Service Center at 877-809-9162.
Or mail your completed application to:
Card Service Center
PO Box 569120
Dallas, TX 75356-9120
Please refer to specific account disclosures and fee schedules at account opening for full details. Canton Co-operative Bank is a member of FDIC and also a member of DIF. 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).
Come in or call us today at 781-828-8811, ext. 5 to learn about all of our personalized business banking options and services!