BUSINESS
CHECKING
You want a checking solution that’s resilient—one that gets you through the tough times and makes the good times even better. We designed our checking solutions to go above and beyond in meeting your specific challenges, helping your business run as smoothly and successfully as possible.
BLUE CARBON® BUSINESS SOLUTIONS CHECKING
Get a cash bonus of $1,0001 and FREE2 access to an array of business banking solutions to help keep your business running seamlessly when you maintain a balance of at least $35,000 at all times during a 7-month qualification period.
$1,000 CASH BONUS
No Monthly Maintenance Fees
Minimum opening deposit of $100
FREE Cash Management Services, including:
- Unlimited Incoming and Outgoing Wire Transfer Fee Reimbursements
- Remote Deposit Capture service and single-feed scanner
- ACH Originations
- Fraud Monitoring through Positive Pay
- Lockbox Services
FREE Direct Connect to QuickBooks3
Non-interest bearing
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 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
FREE Direct Connect to QuickBooks3
Tiered interest rates4
Free Remote Deposit Capture service and single-feed scanner
Merchant Services equipment available5
Two free outgoing wire transfer fee reimbursements per month6
Free Fraud Monitoring with Positive Pay
Free ACH Origination Services with Same Day ACH available
Up to $50 credit towards First Order of Checks5
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 EDGE® BUSINESS CHECKING
Our newest account featuring everything that comes with Blue Carbon® Business Checking and more.
No monthly maintenance fees
Minimum opening deposit of $100
FREE Direct Connect to QuickBooks3
Improved interest rates4
Dedicated Answer Desk # & Transition Team
Unlimited incoming & outgoing wire transfer fee reimbursements
Free Remote Deposit Capture service and single-feed scanner
Merchant Services equipment available
Free Fraud Monitoring with Positive Pay
Free ACH Origination Services with Same Day ACH available
Up to $150 credit towards First Order of Checks5
Early Pay & Blue Balance Access No Fee Overdraft Assistance available
Avoid a $5 monthly statement fee by enrolling in eBanking and selecting eStatements
Add BLUE CARBON EDGE® BUSINESS ICS® SWEEP6 to receive expanded FDIC Insurance coverage of up to $135 million, all while keeping your funds liquid
SMALL BUSINESS CHECKING
As an advocate for small businesses, we study your needs and look for ways to support you and help you grow. This checking account features maximum flexibility, minimal fees and the ultimate in convenience. Your new business deserves every opportunity.
Minimum opening deposit of $100
$10 monthly fee if the balance falls below $500
Blue Balance Access No Fee Overdraft Assistance available
FREE Direct Connect to QuickBooks3
No deposit fees or per check charges
Non-interest bearing
Early Pay available
1 Cash bonus is not available to existing Blue Foundry Bank Business Checking customers or businesses that have closed their checking account within the last 12 months. Only one Cash Bonus available per tax id. Bonus will be earned when account maintains a balance of at least $35,000 at all times during a 7-month (213 day) qualification period. Qualification period begins when account balance is $35,000, which must be within the first 30 days of account opening. Once the qualification period has concluded, your account will be credited the $1,000 cash bonus within 60 days. For tax purposes, bonus will be reported on form 1099. Blue Foundry Bank reserves the right to modify or discontinue the cash bonus at any time.
2 If the minimum daily balance falls below $35,000 on any given day, the applicable Cash Management fee will be withdrawn from the account in the next calendar month. Please refer to the Cash Management Fee Schedule for applicable fees.
3 QuickBooks subscription required.
4 Rate is subject to change after account opening. Fees may reduce the earnings on the account.
5 Your checking account must remain open until the credit(s) are posted, which is within 180 days after account opening date.
6 Normal fees will apply if wire transfers exceed more than two in a monthly period.
7 Deposit placement through the Certificate of Deposit Account Registry Service (CDARS) is subject to the terms, conditions, and disclosures in applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through CDARS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi and CDARS are registered service marks. Customers are eligible for CDARS® and ICS® when their initial Blue Foundry Bank relationship exceeds FDIC insurance limit.
Accounts opened online require eBanking enrollment.