Business Checking & Savings

Business Checking Accounts

Conneaut Savings Bank has a checking plan to fit your business needs, whatever your time and place in life. We offer Business Checking Accounts for both Profit and Non-Profit.  We offer Free Internet Banking to keep you updated.  Call us for more information!!!

Business Checking Account

The Business Account is available for corporations and partnerships. A monthly fee is instituted and certain transactions are charged a service fee. These service charges may be reduced by an earnings credit which is based on the average collected balance.

Sole Proprietor Checking Account

Sole proprietors can open a regular Personal account to keep fees down.  We offer FREE Internet Banking, FREE Bill Pay, and FREE Debit Cards.   

Non-Profit Checking Account

Any non-profit organizations such as churches, scouts, PTOs, Boosters, etc. can open a non-profit checking account. This is an interest bearing account to offset the cost of fees.

Want to switch your account to Conneaut Savings Bank?

Learn how to switch your accounts with our switch kit and enjoy the benefits of being a Conneaut Savings Bank customer. It’s as easy as 1-2-3!

Important Information for Opening a New Account

Identification Procedures Requirements: To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

If you need to reorder checks use our secure Check Reorder Form.

FDIC Deposit Insurance

The standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category. The FDIC provides separate coverage for deposits held in different account ownership categories. Depositors may qualify for coverage over $250,000 if they have funds in different ownership categories and all FDIC requirements are met. All deposits that an account holder has in the same ownership category at the same bank are added together and insured up to the standard insurance amount.

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