Let our knowledgeable bankers help you find the checking account that best meets your business needs.


Relationship banking that rewards you for all the business you do with Ledyard. It's a non-interest bearing checking account that is perfect for businesses with low monthly transaction activity.

Business owners can connect their personal and business account balances and receive a full range of no-fee Ledyard Plan personal banking benefits with a total combined balance of $7,500.


Our account for businesses with more activity and, perhaps, larger average balances. A monthly earnings credit (based on the prevailing T-Bill index) will be calculated and credited against charges due. This credit is used to offset charges for the month, and not paid as interest.


This account is for sole proprietorships, non-profits and charitable organizations only. Interest is earned on the entire balance as long as an average daily balance of $750 is maintained.

  Business Checking Small Business Checking Business NOW Account
Minimum Balance No No Daily average balance of $750
Monthly Maintenance Fee $5.00 No $5.00
Deposit Fee $0.50 per deposit First 5 deposits free ($0.50 each thereafter) $0.50 per deposit
Items Deposited Fee $0.10 for each non-LNB item deposited No $0.10 for each non-LNB item deposited
Check Paid Fee/Withdrawal Charge $0.20 per check paid First 30 checks free ($0.20 each thereafter) $0.20 per check paid
Interest Paid No No Yes: Provided daily average balance is $750 or higher
Earning Credit Yes: Calculated monthly based on average balance to offset account fees No No
Other     Offering is limited to sole proprietors, not-for-profit entities and municipalities