Business Banking

Why Bank at Nantucket Bank?

At Nantucket Bank we’re constantly evolving how we do banking so that it works for you, your business, and even your employees, like better deposit accounts, the latest in banking technology and bankers who know how to help you reach your financial goals. Introducing the newly expanded Business Banking Suite from Nantucket Bank.

 

Deposit Accounts that Fit Your Cash Flow

We revamped our business checking accounts to better suit your daily cash flow needs at an excellent value, including lower transaction limits1 for our Free Small Business Checking account.

And whether you need cash readily available for emergency expenses, or are able to lock it in long term with a great rate, we have four straightforward business savings & CD account options for you to choose from.

Plus, you’ll have peace of mind with fully insured deposits through the FDIC and DIF.

 

Credit Options to Grow Your Business

Whether you’re looking to borrow funds for day-to-day operations, large purchases or property, we can provide the financing you need for your business to thrive, expand and succeed. Nantucket Bank offers a variety of business loans and lines of credit, SBA loans, commercial real estate loans and equipment & vehicle financing. For larger-balance loans, we also provide commercial loans.

 

Online Tools to Manage Your Cash with Ease

Running a business is hard work, but we’re here to make it easier and more efficient with our online cash management solutions.

 

Manage Your Accounts at the Office, Home or On the Road

With our secure business online and mobile banking services you can manage your daily cash flow activity, deposit checks, pay bills, and approve transactions virtually anytime, anywhere.

We just added business mobile banking, as well as mobile check deposit through your mobile device. Too many checks to deposit by phone? Your business may be a candidate for our remote deposit capture services.

 

Increase Sales with Secure Payment Solutions

Add the convenience and efficiency of secure credit and debit card processing to drive more point-of-sale transactions. With our merchant services you can choose from our mobile device and tablet credit card processing, retail credit card processing, or restaurant credit card processing.

 

Deposit Checks from Your Office

Skip the trip to the bank and securely deposit checks from your office with remote deposit capture. Not only will you save time for other day-to-day tasks, but the funds also clear faster, giving you the ability to cycle it into your cash flow sooner.

 

Safeguard Your Finances from Fraud

Protect your business from check fraud with positive pay. This “checks and balances” service ensures the checks you issued are only the checks that clear your account. No need to worry that fraudulent checks will clear your account.

 

Exclusive Benefits for You and Your Employees

We’re not only here for your business, but we’re here to help you with your personal finances, too. As a valued business customer, we’d like to invite you to open a Companion Checking2 account – a personal account available exclusively to our business customers.  Enjoy added banking benefits like no ATM fees, premium rates and interest. Contact a Business Banker for more details.

We also realize that your employees are one of your greatest assets. As a business owner, you know it’s both important and expensive to offer benefits to your employees. Our Bank@Work Program provides exclusive banking benefits, free of charge, and with no obligation from you. It’s an easy and affordable way to offer more to your valued employees.

 

Personalized Business Partnership

Our team of business bankers are ready to dive in and help your business with smarter banking solutions, a real working partnership and by going the extra mile to help you reach your business goals. For more information, contact one of our Business Bankers today or call 508.228.0580.

 

 

1. The term “transactions” include all debits, credits and items deposited. Each item deposited is counted as a separate item. See Fee Sched­­ule for Business Accounts.

2. Minimum balance to open Companion Checking Account is $25. By maintaining a combined average monthly balance (previous month) of $10,000 in Nantucket Bank consumer and business deposits (excluding IOLTA accounts) and/or non-business loan products, you will not incur a monthly service charge on our Companion Checking account.