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Business Services

Essex Savings Bank provides a wide range of banking services to maximize convenience, save time and save money for our business customers.

Free Debit Cards / ATM Cards

Use this card for 24 hour instant access to the available funds in your account at any ATM or merchant location displaying the MasterCard ™ Logo. We are a member of the Plus®, NYCE®, and Cirrus® networks. All accounts may utilize Essex Savings Bank ATMs for cash withdrawals with no fee.

Free Web Banking

Enroll in Web Banking and view account balances, review transaction activity, pay bills, and transfer funds at your convenience 24/7—all free of charge. We also offer an interface to Intuit QuickBooks©. 

Free Electronic Statements

Don’t wait for the US Postal Service to deliver your statement. Access your monthly statement via our Essex Web Banking service. We also provide access to both the front and back images of all checks.

Sweep Service

Set up a statement savings or Clipper Ship Savings account and for a small fee of $3, money will automatically transfer to your business checking account if it becomes overdrawn.

Overdraft Line of Credit

Get approved for an Overdraft Line of Credit and this can be set to automatically transfer funds to your business checking account in case your business runs short of funds. Interest is charged on the outstanding balance at 15% per annum and there is no annual fee.

Free 24 Hour Phone Link

Use our 24 hour account access line (888) 767-0046 to obtain information on all of your business checking, savings, certificates of deposit, and loans. You may also transfer funds or make a loan payment.

ACH Origination

Use our Automated Clearing House (ACH) service from your desktop to manage direct deposit of payroll, electronic collection of dues, tuition, charitable contributions, premiums, rental fees and more!

Businesses can save significant fees by collecting funds through the Automated Clearing House (ACH):

• Reduced fees through ACH vs. merchant credit card exchange fees
• Reduced fees from bank service charges on returned ACH items vs. returned checks
• Quicker clearing time
• Avoid wire transfer fees and send/collect payments

Essex Savings Bank offers businesses the advantage of initiating these ACH transactions on their own time, at their convenience and from any computer using our web-based solution, Business ACH Payment Headquarters.

Using Business ACH Payment Headquarters, individual payments are entered and directly scheduled through our secure web portal, or larger files may be exported from your business accounting software and uploaded securely to the portal for processing.

For more information, call or stop by one of our branches and speak with a branch manager or call Commercial Lender, Diane Arnold at (860) 767-4414 x248 / NMLS ID: 447671.


Other Business Services

Wire transfers – Domestic and International
Safe Deposit Boxes
Night Drop Access

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