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All the benefits plus the fringe.
With Andover State Bank Checking, your account comes with a wide variety of features that help you organize your banking life so your money can work for you.
- Debit Card
- Online Banking
- Electronic Statements
- Mobile Bill Pay
- Mobile Deposit
- Express Phone
- Online Bill Pay
- Overdraft Protection
- Direct Deposit
Invest in freedom.
Skip the tedious trip to the bank before business meetings. Andover State Bank frees you to do all those little things that benefit your company with services like our Online Banking and GoASB Mobile App.
You're protected.
At Andover State Bank, we are committed to providing a secure environment for your business finances. Wipe the sweat from your brow; you’re protected.
Learn more about our Security Policy
Business Account Options
Small Business Checking
For small businesses and nonprofits that maintain low balances and have few transactions.
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- $2,000 monthly average balance required to avoid monthly service charges
- $2,000 and over = None
- $1,000 - $1,999 = $6
- $500 - $999 = $8
- $1 - $499 = $10
- First 100 checks and debits are free, and all deposited foreign items are .06¢ each
- Business Online Banking2
Commercial Checking
An account for businesses with ample monthly balances and a high number of transactions.
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- $10 maintenance fee
- Checks are .16¢ each, deposits are .20¢ each, and all deposited foreign items are .06¢ each
- The earnings credit rate is based on market rates and applied to the average balance1
- Business Online Banking2
- Cash management services2
- $2,500 minimum balance –or– $10,000 average balance to avoid a $10 monthly service charge
- No charge for the first six (6) withdrawals per month. $5 charge for each additional check or withdrawal3
- Interest is calculated on average balance over $2,500 and is compounded and credited to the account monthly1
- $2,500 - $9,999
- $10,000 - $49,999
- $50,000 - $99,999
- $100,000 and over
- Business Online Banking2
- Cash management services2
1Earnings credit and Interest Rates are subject to change after the account is opened.
2 See Fee Schedule for pricing.
3 Federal regulations allows six (6) transfers or withdrawals from your account per monthly statement cycle, including preauthorized, automatic or telephone transfers.
