Bank at Work: Simplified Banking for Your Business & Employees
For your business, we offer our essential checking account, Blue Carbon® Business Checking, our Blue Carbon® Business Savings featuring all the necessary Cash Management tools to run your business smoothly and successfully.
For your employees, we put money back in their pocket when they open a Blue Axis Edge® Checking account, and they'll watch their savings grow with competitive interest rates when they open a Blue Axis Edge® Savings account. With both accounts, there are no ATM fees worldwide and they can earn a cash bonus of up to $600! They will also have access to Early Pay, enabling employees to receive their pay and any other direct deposits one day earlier.
Plus you and your employees can receive a .25% discount off the eligible rate for fixed and adjustable-rate mortgages and an application fee waiver of $495. Click here for current rates.
For your business, we offer our essential checking account, Blue Carbon® Business Checking, our Blue Carbon® Business Savings featuring a rate of 1.80% APY1, and all the necessary Cash Management tools to run your business smoothly and successfully.
For your employees, we put money back in their pocket when they open a Blue Axis Edge® Checking account, and they'll watch their savings grow with competitive interest rates when they open a Blue Axis Edge® Savings account. With both accounts, there are no ATM fees worldwide and they can earn a cash bonus of up to $600! They will also have access to Early Pay, enabling employees to receive their pay and any other direct deposits one day earlier.
Plus you and your employees can receive a .25% discount off the published rate for fixed and adjustable-rate mortgages and a waived $495 application fee. Click here for current rates.
Products & Services Crafted for Your Business
BLUE CARBON® BUSINESS CHECKING
This is our reimagined business checking account where we include everything you need to shape your business and focus on your success.
No monthly maintenance fees
Minimum opening deposit of $100
Tiered interest rates1
Free Remote Deposit Capture service and single-feed scanner
Up to $100 credit towards Merchant Services equipment2
Two free outgoing wire transfers per month3
Free Fraud Monitoring with Positive Pay
Free ACH Origination Services with Same Day ACH available
Up to $50 credit towards First Order of Checks2
Early Pay & Blue Balance Access No Fee Overdraft Assistance Available
Avoid a $5 monthly statement fee by enrolling in eBanking and selecting eStatements
BLUE CARBON® BUSINESS SAVINGS
It’s empowering to have a bank that creates just what your business needs, like this savings account featuring no fees and no minimum balance requirement.
No monthly maintenance fees
Minimum opening deposit of $100
Interest earned on all balances1
Free Digital Banking with eBanking, eStatements and eMobile
Early Pay available
Avoid a $5 monthly statement fee by enrolling in eBanking and selecting eStatements
CASH MANAGEMENT SERVICES
With our Cash Management Services, you can gain an advantage in effectively managing your finances. Our advanced tools and services are designed to empower your business, enhancing its financial stability and operational efficiency.
Sweep Accounts, allowing you to earn more interest on your operating cash
Business Banking Solutions, assisting with payroll processing & credit card payments
Fraud Monitoring with Positive Pay
Remote Deposit Capture, providing the ability to scan checks right from your business
ACH Originations, Wire Transfers and more!
FINANCIAL FOUNDATIONS PROGRAM
Businesses can provide their employees with a personalized financial management solution through our exclusive program. We offer account placement support to guide employees in finding the right account and setting up services that suit their true needs. Our program offers the opportunity to host specialized seminars on key financial topics, such as planning for retirement savings, protecting against identity theft, and receiving tutorials on online banking. By empowering employees to take control of their finances, businesses can demonstrate their commitment to their employees' financial well-being.
Products & Services Built for Your Employees
BLUE AXIS EDGE® CHECKING
Earn $3004 when you maintain a monthly minimum direct deposit of $500 for at least 6 months.
We take this essential account to a whole new level, offering everything you need for financial wellness, plus these added benefits:
Unlimited ATM cash withdrawal fee reimbursements worldwide6
No monthly maintenance fees
Minimum opening deposit of $1
Blue Balance Access® No Fee Overdraft Assistance available
Early Pay available
Avoid a $2 monthly statement fee by enrolling in eBanking and selecting eStatements
BLUE AXIS EDGE® SAVINGS
Earn $3005 when you deposit $15,000 or more in new money while earning a highly competitive blended rate.
We believe better interest rates make for a better savings account. This blended rate account offers access to highly competitive rates, while keeping your cash liquid. And, it’s perfect for achieving your short to medium-term savings goals.
Unlimited ATM cash withdrawal fee reimbursements worldwide6
No monthly maintenance fees
Minimum opening deposit of $5
Early Pay available
Avoid a $2 monthly statement fee by enrolling in eBanking and selecting eStatements
1 Rate is subject to change after account opening. Fees may reduce the earnings on the account.
2 If you purchase a Merchant Services device, Blue Foundry Bank will credit your account up to $100. You will receive a credit up to $50 for your first order of checks. Your checking account must remain open until the credit(s) are posted, which is within 180 days after account opening date.
3 Normal fees will apply if wire transfers exceed more than two in a monthly period.
4 Only one bonus per tax id, per product. Bonus is not available to existing Blue Foundry Bank Checking customers or customers that have closed their checking account within the last 12-months. Bonus will be earned when account maintains a consecutive combined direct deposit of $500 or more each month during the 6-month (182 days) qualification period. The direct deposit must be credited to the account within the first 60 days of account opening. Once the qualification period has concluded, the account will be credited the $300 bonus within 60 days. For tax purposes, bonus will be reported on form 1099. Requires eBanking enrollment and electronic statements. Refer to our Fee Schedule for paper statement fee.
5 Only one bonus per tax id, per product. Bonus will be earned when a single deposit of $15,000 or more of new money is deposited into the account and the balance is maintained for a 6-month (182 days) qualification period. New money is defined as money not currently on deposit with Blue Foundry Bank. Once the qualification period has concluded, the account will be credited the $300 bonus within 60 days. This account earns a blended variable rate: balances of $.01 - $4,999.99 earn an APY (Annual Percentage Yield) of 3.90% based on an interest rate of 3.83%; balances of $5,000 - $249,999.99 earn an APY of 1.55% based on an interest rate of 1.54%; and balances of $250,000 and up earn an APY of 2.45% based on an interest rate of 2.42%. Rates are effective as of 5/21/25 and subject to change after account opening. Minimum opening deposit of $5. Fees may reduce the earnings on the account. Requires eBanking enrollment and electronic statements. Refer to our Fee Schedule for paper statement fee.
6 Unlimited ATM fee reimbursements apply to cash withdrawals using your Debit MasterCard® at all participating Accel and Cirrus ATMs worldwide. ATM fee reimbursements do not apply to any fees other than those assessed for using an ATM to withdraw cash from your account. Blue Foundry Bank® makes its best effort to identify those ATM fees eligible for reimbursements, based on information it receives from MasterCard® and ATM operators. Blue Foundry Bank reserves the right to modify or discontinue the ATM fee reimbursements at any time.
Accounts opened online require eBanking enrollment.