When considering the best business bank accounts to open in Massachusetts, it's essential to evaluate various factors such as fees, features, customer service, and accessibility. Below are some of the top options available:

1. Bank of America Business Fundamentals Account

This account is ideal for small businesses and offers a range of features:

• No monthly maintenance fee if you maintain a minimum balance of $5,000.
• Access to over 16,000 ATMs and 4,300 branches nationwide.
• Online banking and mobile app for easy management.
• Ability to send and receive payments electronically.

For more information, visit Bank of America.

2. TD Bank Business Simple Checking

TD Bank is known for its customer service and offers a straightforward business checking account:

• No monthly maintenance fee if you maintain a minimum balance of $100.
• Includes 200 free transactions per month.
• Access to over 1,300 locations and 2,600 ATMs in the Northeast.
• Mobile banking with deposit capabilities.

Learn more at TD Bank.

3. Cambridge Savings Bank Business Checking

For local businesses, Cambridge Savings Bank offers a community-focused approach:

• No monthly service fee for the first 12 months.
• Access to online banking and mobile deposits.
• Local branches with personalized service.
• Competitive interest rates for higher balances.

Check out their offerings at Cambridge Savings Bank.

4. People's United Bank Business Checking

This account provides flexibility and convenience for small businesses:

• No monthly service fee if you maintain a minimum balance of $1,500.
• Includes 250 free transactions each month.
• Access to a large network of ATMs and branches in New England.
• Online and mobile banking options available.

Visit People's United Bank for more details.

5. Citizens Bank Business Checking

Citizens Bank offers a business checking account tailored for various business needs:

• Monthly fee waiver if you maintain a balance of $5,000.
• Includes 200 free transactions each month.
• Access to online banking with bill pay features.
• Cash management tools to help manage funds effectively.

Find out more at Citizens Bank.

Conclusion

Choosing the right business bank account in Massachusetts depends on your business's specific needs, such as transaction volume and balance requirements. It's advisable to evaluate these options and consider visiting local branches to speak with representatives about your requirements. Always read the fine print regarding fees and features to ensure that you choose the best account for your business.