FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Business Accounts

packages.jpg

BUSINESS ACCOUNT OPTIONS

Empower your business with a local bank that's invested in your progress. Our accounts are designed to prioritize your financial success.

BUSINESS CHECKING

Account Name

Minimum Opening Balance

Monthly Service Charge

Account Distinctions

Simple Business Checking

$500

$12

No monthly service charge when you maintain a minimum daily balance of $10,000 or greater

Community Checking

$100

No monthly service charge

This checking account is designed for 501c3 non-profit groups, civic and service organizations that need a simple way to deposit and withdraw funds. 

BUSINESS INTEREST CHECKING

Account Name

Minimum Opening Balance

Monthly Service Charge

Minimum Balance to Obtain Annual Percentage Yield

Account Distinctions

Business Interest Checking

$5,000

$15

$5,000

No monthly service charge when you maintain a minimum daily balance of $25,000 or greater.

Daily collected balance determines interest rate.

Business Money Market Checking

$2,500

$15

NONE

No monthly service charge when you maintain a minimum daily balance of $25,000 or greater.

Daily collected balance determines interest rate.

BUSINESS SAVINGS

Account Name

Minimum Opening Balance

Monthly Service Charge

Minimum Balance to Obtain Annual Percentage Yield

Account Distinctions

Business Savings

$100

$5 each month if the balance falls below $100 any day of the month 

$100

Unlimited Deposits

An excess debit fee of $2 will be charged for each debit transaction in excess of (1) during a calendar month.

Beneficial Ownership Information

To check on the status of the requirement for certain companies to file a beneficial ownership information (BOI) report about their beneficial owners, i.e., the individuals who ultimately own or control the company, please click the button below.
Cropped

Digital Banking Solutions

Check out our digital banking solutions to help with your day-to-day business needs. Whether it is direct deposit for paying your employees or a solution for accounts payable, we have you covered. We also offer Bill Pay.

Click the "Solutions" button to take you to our Digital Banking page.

Thinking about expanding your business and need other ways to save for that expansion? We have options for you to help meet your goals.

Contact any location to get the current Annual Percentage Yield and interest rate.

cds.jpg

Certificate of Deposit (CD)

A Certificate of Deposit (CD) is a type of savings account that pays a fixed interest rate on money held for an agreed-upon period of time. CD rates are usually higher than savings accounts, but you lose withdrawal flexibility. If you withdraw your CD funds early, you'll be charged a penalty.

Order Checks

Order business checks, deposit slips and other forms, stamps and supplies online! Right here. Right Now. Delivered right away.

Secure and convenient online ordering from Deluxe Checks. Reorder now!

For security reasons, Deluxe has restricted this check reorder online service for orders that do not have a name or address change. Additionally, you must provide the next starting check number, which can be found on your check reorder form. If you have a name or address change or if you don't know the starting check number for your reorder, please mail or bring your check order to your local Pilgrim Bank location and we will be happy to process your check order for you.

field-with-extended-sky-image-edited.jpg

Want to Know More?

Reach Out to One of Our Banking Specialists