Providing Business Checking Solutions to Massachusetts & Rhode Island
Getting to know you and your business is very important to the business banking team at BayCoast Bank. When you choose us, you get a dedicated team that’s easy to reach when you need them.
At BayCoast Bank, we are proud to serve the people and businesses of Massachusetts and Rhode Island.
BayCoast upholds the time-honored belief in community involvement and provides a wide range of financial services. We are your friends and neighbors, dedicated to supporting the communities where we live and work. We offer a wide range of financial solutions to suit your life and your lifestyle. Afterall, you have financial goals, and we’re here to help you achieve them.
Who We Are
Our History
BayCoast Bank is a long-standing community bank, serving customers since 1851. Originally chartered in Tiverton, Rhode Island, BayCoast Bank started out simply as The Savings Bank, opening its doors on December 1st of that year. In 1862, a state boundary shift placed The Savings Bank on the Massachusetts side of the line, making the city of Fall River its home for well over a century, before relocating its headquarters to Swansea in 2011.
We are incredibly honored by our decades-long tradition of financial services to the area. Today, this commitment is as strong as ever, and it is our privilege to continue to provide exceptional service to you, as we did for your parents, grandparents, and great grandparents.
Open Your Business Checking Account Today
Choose the right checking solution to simplify cash flow, streamline transactions, and grow your business with BayCoast Bank — where support meets local expertise.
- FREE Checking Account: This account is designed for small businesses with moderate transaction needs. The account can be opened with as little as $100.00. There is no monthly maintenance service charge, no minimum balance requirement, and you receive 200 free transactions per monthly statement cycle. Transactions in excess of 200 will be charged $0.50 per transaction.
- Business Analysis Checking: This account is designed for businesses with high check writing activity. The account can be opened with $100.00. If a minimum daily balance of $500.00 is maintained, a competitive earnings credit is used to offset monthly service and activity charges.
- Right Fit Checking:This account is designed for Sole Proprietors, Estates, Trusts, Organizations and Committees. It can be opened with as little as $100.00 and earns interest when a minimum daily balance of $10.00 is maintained. There is no monthly maintenance service charge, no minimum balance requirement and you receive 100 free transactions per monthly statement cycle. Transactions in excess of 100 will be charged $0.75 per transaction.
- Municipal/Non-Profit Checking:This account is designed for non-profit organizations and municipalities looking for a basic checking service. It earns interest as long as a daily balance of $500.00 is maintained. The account can be opened with as little as $100.00, has no per check charges and no monthly maintenance service charge. Proof of tax-exempt status is required for non-profit organizations.
Universal Benefits for All BayCoast Business Checking Accounts
Are you ready to unlock a next-level business banking experience? Regardless of the business checking account you choose, all BayCoast Bank business customers can enjoy account features such as:
- Free Debit Mastercard® BusinessCard® or ATM Card (issued instantly in-branch)
- Free iBanking with Free Bill Payment
- Free eStatements
- 50% off discount on your first check order up to $100.00
As your business grows, BayCoast Bank can help along the way by providing additional Cash Management solutions so you have what your company needs, when you need it.
Simplify Your Business Banking Today
Get faster transactions, free digital tools, and personalized local support — open your business checking account now.
We’re not just a bank, we’re a family.
As part of the BayCoast community, you’ll always have the support you need to grow in as many different directions as you want. Our family of services — BayCoast Mortgage Company, Plimoth Investment Advisors, and BayCoast Insurance are more than banking products, they’re our way of providing well-being, comfort, and a bridge to your financial future.
What Types of Business Checking Accounts Are Available at BayCoast Bank?
Each business has very unique needs, so we offer a variety of business checking accounts to choose from. As you search for the perfect fit for your business’s financial goals, learn more about our selection of business checking accounts below:
- IOLTA: The IOLTA program requires lawyers to establish a pooled interest-bearing account for client deposits. BayCoast Bank has been designated as a Leadership Institution by the Massachusetts IOLTA Committee.
Other Services
Whether you need to open one a checking or savings account, a certificate of deposit (CD) or apply for an auto loan, we are here to deliver the solutions you need.
Savings
BayCoast Bank offers a variety of personal and business savings options to help customers grow their funds and reach financial goals, including simple Statement Savings accounts with low minimums and no maintenance fees, Money Market accounts that earn interest with higher balances.
Loans
BayCoast Bank provides a range of personal and business lending solutions to help individuals and companies meet their financial goals. Personal lending options include unsecured loans, savings-collateral loans, and other loan types that can help with debt consolidation, large purchases, or other needs.
Investing
BayCoast Bank offers personal investing services to help individuals work toward long-term financial goals and financial security. Our team can assist with personalized strategies, along with traditional retirement accounts like savings or CD IRAs.
Online Banking
BayCoast Bank Online Banking allows customers to securely manage accounts anytime, check balances, transfer funds, pay bills, and view statements through desktop or mobile devices, providing convenient and easy access to everyday banking.
Ready to Manage Your Business Finances Better?
Open a BayCoast Bank checking account and enjoy tailored features, dedicated support, and the flexibility your business deserves.
©BayCoast Bank & baycoast.bank. All rights reserved. All information on this website is copyright of BayCoast Bank. Reproduction of any information disclosed on this site is strictly prohibited. Any evidence of criminal activity will be provided to law enforcement officials.
Location Swansea, MA
BayCoast Place
330 Swansea Mall Drive Swansea, MA 02777
Lobby Hours
Mon. – Wed. 9am – 4pm
Thurs. – Fri. – 9am – 5pm
Sat. – Sun. Closed
ITM Hours – Drive-Up
Mon. – Fri. 7am – 7pm
Sat. 8am – 2pm
Sun. Closed
Apply For A Business Checking Account Today
Get started in minutes — fill in your details below to begin your application.
What Our Clients Say
We can’t say enough about how helpful and knowledgeable everyone at BayCoast has been. With our everyday banking, small business loans and everything in between. Stephanie Terra is a diamond and goes above and beyond. She makes our job so much easier because she’s so good at hers! We couldn’t think of banking anywhere else - thank you BayCoast!
Family Tree Services
We have been using Baycoast Bank for all our financial needs for 29 years. We have never had a problem and Richard De Almedia is absolutely wonderful! He helped us refinance our home several times to get a lower interest rate and helped us when we were closing on a new home out of state. I know of no other bank that would bend over backwards to help us like Baycoast Bank would. I trust them implicitly and you can too.
Paula Hamel
I have been banking with BayCoast Bank for a few years now, They have amazing products for very small business, snd large ones, Great Student accounts, Mortgage products, the list goes on.. So if you're looking for a great bank , with great customer service , great products all around , BayCoast is the place to be.
Yvonne P
