Institution for Savings has 19 branch locations in Massachusetts. Its customers can also access their funds from any ATMs nationwide at no cost. Its small business offerings include business savings and checking accounts, lines and loans, cash management, commercial night deposits, merchant services and more. It has an A+ BBB rating and generally positive reviews online.
Institution for Savings Business Checking Rates & Fees
|Monthly Fee||$10 per month if balance requirement is not met|
|Minimum Balance Requirement||$5,000|
|Transaction Fee||No transaction fees for check or deposit processing|
|Wire Transfer Fee||Incoming: No charge|
Outgoing (domestic): $25
Outgoing (international): $65
|Cash Deposit Fee||Information not available|
|Overdraft Fee||$25 per item|
|ATM Fee||No ATM fee; however, other banks may charge a fee for ATM usage|
Institution for Savings Network
Institution for Savings has 19 branch locations in Massachusetts. Its customers can also access their funds from any ATMs nationwide at no cost. You can use its branch locator to see which locations are closest to you.
Institution for Savings Additional Business Banking Services
Institution for Savings also offers the following business services: business savings and money market accounts, lines of credit, business loans, Small Business Administration funding, and commercial real estate financing. Currently, it doesn’t offer business credit cards and wealth management. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Commercial Real Estate Loans||✓|
|Business Credit Cards||x|
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