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GrowChecking for business

The account with earning power for sole proprietors and nonprofits. Webster Five understands the challenges facing sole proprietors and nonprofits in their goal of achieving consistent financial stability. That’s why our GrowChecking for Business provides interest on balances of $2,500 or more, plus 300 free items paid and/or deposited for sole proprietors and unlimited free items paid and/or deposited for nonprofits. You’ll also enjoy our great basic features, reimbursed fees from other bank ATMs and more. If you maintain an average daily balance of $5,000 or more, we’ll also waive the monthly maintenance fee.



Features and benefits:

  • Debit card
  • Interest earned at $2,500 balance level
  • 300 free items paid and/or deposited per statement cycle for sole proprietors (details below); unlimited free items per statement cycle for nonprofits
  • No fees at ATMs within SUM network (details below)
  • Reimbursed surcharge fees for ATMs outside the SUM network (3 per month)
  • Mobile banking
  • Online banking with alerts and reminders
  • Online bill pay (details below)
  • 24/7 telephone banking
  • eStatements

Monthly maintenance fee:

$15 per month (waived for nonprofit organizations or when you maintain an average daily balance of $5,000 or more).

What’s included in free items paid and/or deposited?

This includes all checks paid and deposited, deposit tickets processed, and electronic debits and credits. Any items above 300 per statement cycle cost $0.50 each.

Bill pay the easy way.

One of the best benefits of Digital Banking is bill pay. Forget about writing checks, finding stamps and mailing envelopes. With online bill pay, you can turn this time-consuming chore into a few clicks on your computer, phone or any other mobile device.

Our Business bill pay service gives you all the features of bill pay you’re used to, plus some extra bells and whistles that allow you to:

  • Sort bills by payee, payment date or amount
  • Send payments to any business or individual in the U.S.
  • Pay multiple invoices from a payee in one easy payment
  • Control employee entitlement rights and transaction limits
  • Generate audit logs for user activity

Premier bill pay is available for an additional $9.95 per month. To sign up, please call our Business Banking department at 508-890-8606 or visit any of our convenient branch locations.

The SUM is greater.

Webster Five is part of the SUM network of ATMs. This means you not only get fee-free ATM usage at our ATMs, but at thousands of other bank ATMs across the country as well. Find a SUM network ATM

Business Banking Fee Schedule

*non-usage restrictions apply.

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