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 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 $1,000
Tiered interest rates1
Free Remote Deposit Capture service and single-feed scanner
Up to $100 credit towards Merchant Services equipment3
Two free outgoing wire transfers per month4
Free Fraud Monitoring with Positive Pay
Free ACH Origination Services with Same Day ACH available
Up to $50 credit towards First Order of Checks3
Early Pay & Blue Balance Access No Fee Overdraft Assistance available
Avoid $5 monthly service charge when you enroll in Business eBanking and select eStatement
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 $250,000
Improved interest rates1
Dedicated Answer Desk # & Transition Team
Unlimited incoming & outgoing wire transfers
Free Remote Deposit Capture service and single-feed scanner
Up to $200 credit towards Merchant Services equipment5
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 $5 monthly service charge when you enroll in Business eBanking and select eStatement
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
No deposit fees or per check charges
Non-interest bearing
Early Pay available
1Rate is subject to change after account opening. Fees may reduce the earnings on the account.
2New money only.
3If 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.
4Normal fees will apply if wire transfers exceed more than two in a monthly period.
5If you purchase a Merchant Services device, Blue Foundry Bank will credit your account up to $200. You will receive a credit up to $150 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.
6Deposit 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.