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Business Checking Accounts

Business banking has never been more convenient or rewarding! We know that no two businesses are alike, which is why we offer relationship packages that allow you to customize the products and services you need to help your business thrive. Our checking accounts offer competitive rates and benefits to fit your business size and needs.

FreedomBusiness Checking
Simply Free Business Checking

FreedomBusiness Checking is a free business checking account designed for businesses that have less than 500 transactions per month. Benefits include:
  • No Monthly Service Fee
  • No Minimum Balance Requirement
  • Free E-Line Online Banking
  • Free E-Pay Online Bill Pay up to 20 transactions per month
  • Free Business Visa® Check Card
  • Available Overdraft via link to Business Savings
  • Available Business Overdraft Line of Credit (requires credit approval)
Make an Appointment

PremierCommercial Checking
Robust. Rewarding. Ready for Business.

PremierCommercial Checking is our flagship business relationship account designed for businesses that need unlimited check writing and transaction capability. If your business has more than 500 transactions each month and you make large cash deposits, this account is for you. Minimum balance requirement for this account is $25,000.00. Benefits Include:
  • Free Unlimited Transactions
  • Free E-Line Online Banking
  • Free E-Pay Online Bill Pay
  • Free Business Visa® Check Card
  • Preferred rates on Business Savings Accounts, Money Market Accounts, and CDs
  • Available Overdraft via link to Premier Business Savings - transfer fees waived
  • $100 credit towards first check order
  • Available Business Overdraft Line of Credit (requires credit approval) at discounted interest rates
Make an Appointment

Preferred access to Premier personal checking for up to 5 principals; $25,000.00 required aggregate balance is waived (a $1,500.00 average monthly balance must be maintained in each personal checking account to avoid a service charge).*
 *Please contact a Customer Service Representative for more information.

Interest on Lawyers Trust Accounts (IOLTA)
IOLTA Checking accounts enable attorneys to maintain client escrow accounts. Interest earned is paid to the Connecticut Bar Foundation to fund legal expenses for those who are unable to afford legal services and other justice related projects of the board. Benefits include:
  • No Monthly Service Fee
  • No Minimum Balance Requirement
  • Interest Earned on the Account Balance
In addition to offering IOLTAs, there are a number of advantages for both you and your firm when you choose Guilford Savings Bank. Our relationship packages offer you a wealth of benefits for your firm, your employees, and you personally as an extension of our services and capabilities for legal professionals.

Interest on Real Estate Brokers Trust Account (IOREBTA)
IOREBTA Checking accounts enable Real Estate Brokers to maintain client escrow accounts. Interest earned is paid to the Connecticut Housing Finance Authority to fund mortgage assistance for low- or moderate-income families, persons with down payments or any other appropriate housing subsidies. Benefits include:
  • No Monthly Service Fee
  • No Minimum Balance Requirement
  • Interest Earned on the Account Balance

Zero Balance Account (ZBA) for PremierCommercial Checking Customers
A Zero Balance Account (ZBA) is a checking account that is designed to maintain a zero balance, even as checks are written against it, while minimizing idle cash in multiple checking accounts. The ZBA is funded by a primary account that generally receives all deposits and disburses funds to the ZBA only when necessary to cover checks that have cleared. ZBAs allow you to maintain control by funding them through a single centralized account. It is a convenient way to improve your cash flow and put excess funds to work for you.