FREE BUSINESS
CHECKING

You want a business checking solution that’s resilient—one that gets you through the tough times and makes the good times even better. We designed our business checking solutions to go above and beyond in meeting your specific challenges, helping your business run as smoothly and successfully as possible, all with NO Monthly maintenance fees1.

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.

  • $1,000 CASH BONUS

  • No Monthly Maintenance Fees

  • Minimum opening deposit of $35,000

  • FREE Cash Management Services, including:
    • Unlimited Incoming and Outgoing Wires
    • Remote Deposit Capture service and single-feed scanner
    • ACH Originations
    • Fraud Monitoring through Positive Pay
    • Lockbox Services

  • 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

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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 rates3

  • Free Remote Deposit Capture service and single-feed scanner

  • Merchant Services equipment available4

  • 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 Checks4

  • Early Pay & Blue Balance Access No Fee Overdraft Assistance available

  • Avoid a $5 monthly statement fee by enrolling in eBanking and selecting eStatements

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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 Rate is subject to change after account opening. Fees may reduce the earnings on the account.

4 Your checking account must remain open until the credit(s) are posted, which is within 180 days after account opening date.

5 Normal fees will apply if wire transfers exceed more than two in a monthly period.

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