Business Accounts
Explore our Business Checking Account solutions and choose the account that's right for your business.
Freeman Small Business Checking Account
A simpler way for small businesses to accomplish their business goals.
Features and Benefits
For DBA’s only (Doing Business As)
- Free monthly paper statements with images
- Free Online Banking
- No monthly fee for downloading into Quicken or QuickBooks
- Free Notary Service
- Debit/ATM card available with approval
Fees:
- Open with just $300.00
- $7.50 monthly service fee if average daily collected balance falls below $500.00
- $5.00 monthly service fee is average daily collected balance maintains above $500.01
- $.20 per debit in excess of 25 during the statement cycle
Regular Business Checking
This is a traditional business account that is for all types of businesses.
Account Features:
- Free monthly paper statement with images
- Business Online Banking with Cash Management available
- No monthly fee for downloading to Quicken or QuickBooks
- Business Debit Card available with approval
- Free Notary Service
Fees:
Minimum to open $300.00
Monthly Account Maintenance Fee: $5.00
Activity Fees:
Checks paid/debits on us are $.10 each
Deposits/credits are $.30 each.
Deposited transit item $.07 each
Patriots Savings Account
Account Features
- Earn Interest on your balances
- No monthly service fees
- Unlimited deposits
- Monthly statements if the account has electronic activity
- Annual statements if the account has no electronic activity
- Free Online Banking
- No Monthly fee for downloading to Quicken or QuickBooks
Fees:
Minimum to open - $200.00
Excessive withdrawal fee of $1.00 will be charged for with withdrawal in excess of three during the quarter
Money Market Legacy Account
Smart Savings. Stronger Future.
The Money Market Legacy Account is designed to help you make the most of your savings while maintaining convenient access to your funds.
Whether you're building your savings, planning for future goals, or looking to maximize the value of excess funds, Money Market Legacy offers competitive earning potential and the flexibility you need to reach your financial goals.
Account Benefits
- Available for consumer and business customers
- Competitive tiered interest structure
- Debit card and check access available
- Online and Mobile Banking access
- Flexible access to your funds
- FDIC insured
Balance Tiers
The Money Market Legacy Account rewards larger balances through a tiered rate structure.
- $0.00 – $25,000.00
- $25,000.01 – $50,000.00
- $50,000.01 – $100,000.00
- $100,000.01 – $250,000.00
- $250,000.00 and above
Contact a Patriots Bank representative for current Annual Percentage Yield (APY) information.
Why Choose Money Market Legacy?
- Earn more while maintaining access to your funds
- Access your money through checks, transfers, online banking, or in-person transactions
- No monthly maintenance fee when qualifying balance requirements are met
- Peace of mind with a stable, interest-earning account
- Designed for customers looking to grow savings while maintaining flexibility
Account Requirements
- Minimum opening deposit: $2,500
- Available for consumer and business customers
- Maintain a $2,500 average daily balance to avoid a $7.50 monthly service fee
Important Information
The interest rate and annual percentage yield are variable and may change at the Bank's discretion. A $7.50 monthly service fee will be assessed if the average daily balance falls below $2,500 during the statement cycle. A $3.00 fee will be assessed for each debit transaction exceeding 10 debit transactions per statement cycle. Debit transactions include checks, debit card transactions, ACH transactions, EFTs, transfers, and over-the-counter withdrawals. Refer to the Fee Schedule and Truth in Savings Disclosure for complete details.