Business Banking

This is the time when your business banking relationship can make all the difference.

 

Business Concierge Checking

Sophisticated online and mobile banking tools along with

private banker expertise.

 

Plus, $250 when you open an account.

 

New Money Only. One per Household. See Below for Details.

 


Business Checking

  • Business Concierge Checking

    Offers powerful cash flow tools to help you manage your business. Other valuable benefits include:

    • The individual attention, expertise and responsiveness of a dedicated private banker who works with you every step of the way to deliver customized solutions across your whole financial life
    • Personalized account onboarding at your place of business for a convenient, seamless transition
    • Free Remote Deposit Capture scanner for more cost-efficient transactions
    • No ATM fees
    • Complimentary Premium Plus Checking so you can do both your business and personal banking in one place
  • Business Convenience Checking
    • Includes all the essentials for managing your business, plus the support of a Cambridge Trust private banker as you grow
  • Special Accounts for Lawyers
    • We offer Interest on Lawyers Trust Accounts (IOLTA)
  • Community Partnership Plus Checking
    • An account exclusively designed for qualified nonprofit organizations and minority-owned, women-owned and veteran-owned businesses that utilize treasury services. Includes an online treasury portal plus the sophisticated online and mobile banking capabilities of our BizBanker Premium service with bill pay.
  • Community Partnership Checking
    • Interest-earning checking account for qualified nonprofit organizations and minority-owned, women-owned and veteran-owned businesses. Includes no minimum balance, no monthly maintenance fee and complementary Standard Bizbanker online banking and mobile banking with bill pay.

Accounts Overview

 

Savings Accounts

Make your money work for you while maintaining access to your funds with one of our interest-earning business savings accounts.

Flexible Financing Solutions with Your Business in Mind

From working capital lines of credit and term loans to business credit reserve and credit cards, we can offer you an array of credit options at competitive rates that can help your company succeed.

Get in touch

We’re here and ready to help move your business forward.

844-251-0099 Contact Us for an Appointment
 


 I would just like to say thanks again for your hard work and quick communication. I feel that Cambridge Trust has been a real partner with me. 

-  Matt, Business Banking client

 
 


 In talking to fellow business owners, no one has received the service we have from Cambridge Trust. 

- Vince Pan, Business Banking client

 

Private Banking Demystified

What makes a relationship with a private bank different? Cambridge Trust’s President, Mark Thompson, removes the mystique by explaining what a private bank is and how it can help individuals and business owners simplify their financial lives.

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Promotional Business Concierge Checking Account Disclosure

This disclosure contains important information about your account. Save it for future reference. This should be read in conjunction with other disclosures contained in our Personal and Business Banking Account Agreements and Disclosures Booklet.

•    There is no minimum balance to open an account in a Cambridge Trust office.
•    The minimum average balance to avoid a $25.00 monthly maintenance fee is $10,000.00 or $25,000.00 combined business and personal balances average monthly balance. The monthly maintenance fee will also be waived if client maintains a commercial loan relationship.
•    Account must be funded with money not currently on deposit at Cambridge Trust Company.
•    A transaction fee of $0.50 will be assessed for each transaction in excess of 500 per statement cycle. See the Personal and Business Banking Account Agreements and Disclosures booklet for explanation of what is considered a transaction.
•    Subject to $3.00 Paper Statement Instruction Fee. To waive the paper statement instruction fee, you must enroll in online banking with eStatements.  
•    Refer to our Business Banking Fee Schedule for information about fees.

Promotion:

•    Open a Business Concierge Checking account before August 1, 2020, with a qualifying deposit of $10,000.00 or more within 60 days of opening the account, and receive a $250.00 bonus.  The $10,000.00 balance must be maintained for a minimum of two consecutive statement cycles.  Bonus will be paid within 60 days of the requirements being satisfied.  Account must be open to receive the bonus.  Offer good through September 30, 2020. Limted to one per household. Cambridge Trust  reserves the rignt to change the offer at any time. Client will be responsible for any federal, state, or local taxes due on the bonus.  The Bank will report the income on 1099-INT. Consult your tax advisor.