Checking

Small Business Checking

If your business has a low volume of monthly transactions, this account can provide the flexibility you want and a variety of time-saving business banking services that you need.

Checking with no minimum balance and no monthly service charge
250 free transactions per month: includes deposits, deposited items, checks processed, ACH withdrawals and ATM & debit card transactions
Free Business Savings Account
Free Online Banking with Online Bill Pay
Free Mobile Banking with Mobile Check Deposit
Free Debit BusinessCard^® and enrollment in Dean Bank Rewards
Line of credit available

How to Open - Business Account

Preferred Business Checking

Growing businesses can benefit from this account that accommodates modest transaction volumes.

$20 per month service charge, waived if at least a $10,000 minimum in combined deposit balances is maintained
500 free transactions per month: deposits, deposited items, checks processed, ACH withdrawals and ATM & Debit card transactions. Additional transactions are 30¢ each
Free Business Savings Account
Free Online Banking with Online Bill Pay
Free Mobile Banking with Mobile Check Deposit
Free Debit BusinessCard™ and enrollment in Dean Bank Rewards
Line of credit available

How to Open - Business Account

Commercial Checking

This account supports the higher balances and more frequent transactions of large businesses.

Offset some or all charges with Earnings Credits every month
Service charges and fees are only assessed to your account if costs exceed your Earnings Credits for the statement period
Earnings Credits rate changes periodically

How to Open - Business Account

Municipal & Non-Profit

Municipalities and non-profit businesses are eligible to open interest-bearing NOW checking accounts to manage funds.

$20 per month service charge and 25¢ per check fee, waived if at least a $10,000 minimum daily balance is maintained
Unlimited check writing and electronic transfers by wire, ACH, or Online Banking
Free Online Banking with Bill Pay
Free Mobile Banking with Mobile Deposit
Dean Bank Rewards – earn points to redeem for great gifts, travel and more with every non-pin Dean Bank Debit MasterCard® transaction

Effective Date: Tuesday, October 22, 2024

Checking, Savings & Money Market Accounts (Rate Table)
Program	Minimum Daily Balance to earn APY	Interest Rate	APY*	Actions

All Access Checking Balances up to $3,000	$25.00	4.00%	4.07%	Open an Account - All Access Checking

Balances > $3,000		0.07%	4.07% - 0.50%
NOW Checking	$25.00	0.05%	0.05%	How To Open - NOW Checking Account
Money Market Account	$25.00	0.05%	0.05%	Open an Account - Money Market
	$2,500.00	0.09%	0.09%
Statement Savings	$25.00	0.07%	0.07%	Open an Account - Statement Savings
Passbook Savings	$25.00	0.07%	0.07%	How To Open - Passbook Savings
Student Savings	$1.00	0.07%	0.07%	How To Open - Student Savings
Holiday	$1.00	0.07%	0.07%	How To Open - Holiday
Variable Rate IRA	$100.00	0.12%	0.12%	How To Open - Variable Rate IRA
Club Accounts	$1.00	0.07%	0.07%	How To Open - Club Accounts

(Student Statement Savings Accounts are available only to students in participating elementary schools in conjunction with School Savings program; there are no monthly service fees.)

*The minimum balance required to earn the stated Interest Rate and Annual Percentage Yield (APY) on the Money Market Account is $2,500. If the balance is below $2,500 for any day, your account will earn our then current NOW Checking Account rate for that day. The minimum daily balance required to open accounts, earn interest and obtain the Annual Percentage Yield on the above accounts is $25 ($1 for Club Accounts & Student Savings, $100 for IRA Variable Accounts). For IRAs, the minimum balance required to open the account and obtain the APY is $100.00.

Interest is compounded monthly and credited on the last business day of each month. Fees could reduce the earnings of the account.

These are variable rate accounts where the interest rate and Annual Percentage Yield may change after the account is opened.

Effective Date: Tuesday, October 22, 2024

Checking, Savings & Money Market Accounts (Rate Table)
Program	Minimum Daily Balance to earn APY	Interest Rate	APY*	Actions

All Access Checking Balances up to $3,000	$25.00	4.00%	4.07%	Open an Account - All Access Checking

Balances > $3,000		0.07%	4.07% - 0.50%
NOW Checking	$25.00	0.05%	0.05%	How To Open - NOW Checking Account

Money Market Account	$25.00	0.05%	0.05%	Open an Account - Money Market

	$2,500.00	0.09%	0.09%

Statement Savings	$25.00	0.07%	0.07%	Open an Account - Statement Savings

Passbook Savings	$25.00	0.07%	0.07%	How To Open - Passbook Savings

Student Savings	$1.00	0.07%	0.07%	How To Open - Student Savings

Holiday	$1.00	0.07%	0.07%	How To Open - Holiday

Variable Rate IRA	$100.00	0.12%	0.12%	How To Open - Variable Rate IRA
Club Accounts	$1.00	0.07%	0.07%	How To Open - Club Accounts

(Student Statement Savings Accounts are available only to students in participating elementary schools in conjunction with School Savings program; there are no monthly service fees.)

*The minimum balance required to earn the stated Interest Rate and Annual Percentage Yield (APY) on the Money Market Account is $2,500. If the balance is below $2,500 for any day, your account will earn our then current NOW Checking Account rate for that day. The minimum daily balance required to open accounts, earn interest and obtain the Annual Percentage Yield on the above accounts is $25 ($1 for Club Accounts & Student Savings, $100 for IRA Variable Accounts). For IRAs, the minimum balance required to open the account and obtain the APY is $100.00.

Interest is compounded monthly and credited on the last business day of each month. Fees could reduce the earnings of the account.

These are variable rate accounts where the interest rate and Annual Percentage Yield may change after the account is opened.

How to Open - Business Account