FDIC-Insured - Backed by the full faith and credit of the U.S. Government With Essex Bank Business Savings Accounts, you have smart solutions to support your immediate needs and long-term growth plans. You also have access to a team of reliable and knowledgeable commercial banking professionals.
Business Savings Account Options
Statement Savings
A stable savings vehicle with several free features to begin building financial strength in your business.
Clipper Ship Savings
As your savings grow, enjoy tiered levels of interest for a higher return.
Business Savings Account Features
With any Essex Bank Business Savings Account, you get:
- Free Online Banking
- Free Paper Statements
- Free eStatements
- Free Mobile Banking
- No Deposit/Withdrawl Limits
Compare Business Savings Accounts
Compare each account and find the right fit for your business:
| Statement Savings | Clipper Ship Savings | |
|---|---|---|
| Minimum Opening Deposit | $5 | $1,000 |
| Monthly Service Fee | None | None |
| Interest Bearing Account | ||
| Daily Balance Requirement | $5 | $5 |
| Minimum Balance to Earn the APY | $5 | $5 |
| Free Digital Banking | ||
| Free Mobile Check Deposit | ||
| ATM Fee Rebate Program |
Please note: For specific conditions and charges on accounts, consult our Business Deposit Account Contract, Schedule of Business Account Charges, Business Electronic Funds Transfer Agreement, and Ability to Withdraw Funds, or speak with an Essex Bank representative at any of our locations.
Great Products, Experienced Professionals
Turn to the Team That Local Businesses Trust
Lyme Art Association
Pursuit of Pastry
Review Business Savings Rates
See the current deposit rates for Essex Bank business savings accounts.
Open Your Business Savings Account
Choose a personal savings account that suits your unique lifestyle:
New Customers
If you are new to the Bank, please start here.
Existing Customers
If you are already a Bank customer, please go here.
Have a Question? We Are Here To Help.
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