Business Accounts
Small businesses and sole proprietorships require convenient, flexible and low cost banking products with service
they can count on. They also require competitive returns on their balances so their idle cash is working for them.
Eaton Federal Savings Bank has tailored its business accounts to offer exactly that; the right products with the rates,
terms and features that small businesses need to succeed.
Thrift Business Checking
The Thrift Business Checking account is for the unincorporated business that maintains a relatively small balance,
desires low costs and demands easy access and convenience.
Only $50.00 to open this account
No minimum balance
No monthly fee
No per check fee
No per deposit or per item deposited fees
No interest
Business Checking
The Business Checking account is for the unincorporated business that desires to earn interest on the balance it maintains
and demands the utmost in convenience and value.
Only $300.00 to open this account
Only a $300.00 minimum daily balance to earn interest and avoid fees
Earn an attractive rate of interest
Corporate Checking
The Corporate Checking account is for incorporated businesses such as corporations, limited liability companies and
partnerships.
Only $300.00 to open this account
No minimum balance
An Earnings Credit accrues on the daily balance and is used to offset fees. Maintain a high enough balance and all fees can be offset.
Business Certificates of Deposit
All of our Certificates of Deposit are available to businesses who desire to earn a high rate of interest on the cash they
will not need in the immediate future. The rates and terms are identical to those offered on our individual Certificates of Deposit.
Account Services and Features
Most of the convenient features and services available on our individual accounts are also available on business accounts,
as applicable. See our Account Services page and Deposit Account Disclosure for a complete description
of account terms and services.
FDIC Insured
Check images available with your monthly statement
Night deposit box at each of our locations
Free telephone banking 24 hours a day, seven days a week
Overdraft protection tied to another Eaton Federal account (for a $5 per transaction fee)