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Commercial Accounts

We know you're serious about your business
And we are serious about you.

Regardless of the size of your business, Commerce Bank has the right banking products to fill your need.

Business Savings
A business savings account is ideal for the small and medium size businesses. You can use this account to build reserves for seasonal use or just earn higher interest on extra capital. It provides you with a convenient, no-cost statement savings account to be used with one of our business checking accounts. Overdraft protection is available from this account to any Commerce Bank checking account. If you overdraw your checking account, the amount of overdraft is transferred from your savings to your checking up to six times per month. You must deposit at least $25.00 to open this account.

Business Certificates of Deposit
These high interest term accounts are available with maturities from seven days to five years. Unlike other savings instruments, they provide a guaranteed rate of interest for the specified period of time. All Commerce Bank certificates require a $1,000 minimum opening balance, regardless of the maturity period.

Commercial Checking
A traditional business checking account designed for the business that maintains higher balances expects heavy transaction activity. Provides an earnings credit allowance which may offset charges and per item transaction fees. Account can be free of charge depending upon activity, volume and balance levels. You must deposit at least $25.00 to open this account.

Business Money Market
This is a savings account ideal for the smaller size business. You can use this account to build reserves for seasonal use or just earn higher interest on extra cash flow. Overdraft protection is available from this account to any Commerce Bank checking account. If you overdraw your checking account, the amount of the overdraft is transferred from the Money Market to the checking up to six times per month. You must deposit at least $25.00 to open this account.

Bank at Work Checking
Bank at Work provides your employees with a package of our best consumer accounts. Employees are offered loan discounts, waiver of fees on mortgages, free checking with direct deposit, and a variety of savings account advantages. You must deposit at least $25.00 to open this account.

IOLTA (Interest on Lawyer's Trust Accounts)
Our IOLTA accounts are designed to assist lawyers who are managing their client's funds. Commerce Bank has consistently appeared on the Massachusetts IOLTA Committee's list of "Honor Roll" banks due to our active participation in this program. You must deposit at least $25.00 to open this account.

Non-Profit High-Yield Investment Accounts
Commerce Bank offers innovative solutions for our non-profit clientele. Commerce Bank offers two high yield investment accounts exclusively to non-profit entities.

Our Non-Profit Select Gold Account provides the following benefits:

  • High Yields
  • Immediate availability of invested funds
  • Limited Check writing
  • FDIC Insurance

Our Non-Profit Select Gold PLUS Account provides the following benefits:

  • High Yields
  • Immediate availability of invested funds
  • Collateralization
  • Check writing
  • Investment in US Government Securities

Call us at (508) 797-6867 or Email us.

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