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At Gloucester Cooperative Bank, we are committed to providing our business customers with high-quality, personalized service delivered by a knowledgeable and experienced staff. 

Commercial Checking Account

- Affordable alternative for high-volume business checking.

At Gloucester Cooperative Bank, we understand the needs of businesses - that's why we designed our Commercial Checking Account with value added features to help your business run smoother.

  • Non-interest bearing account
  • $7.00 monthly service charge
  • $.50 per deposit
  • $.07 per item deposited
  • $.10 per check paid

Gloucester Cooperative Bank offers a competitive commercial fee structure, merchant processor account included, earnings credit allowances on deposits is applied against monthly service charges.

Business Checking Accounts

- Money saving account for lower-volume business customers

  • Non-interest bearing account
  • $7.00 monthly service charge. (Waived if you maintain a $2,500 minimum daily balance)
  • 75 items per month FREE; additional items $ .25 each
  • Free worldwide access at ATMs displaying the SUM1 logo
  • MasterMoney® Debit Card available

1 Other owners of ATMs outside of the SUM program may impose a charge for using their machines. You have an opportunity to void such transactions.

Business Money Market Accounts

- Safely earn interest while you retain liquidity

If you are looking to earn interest while retaining liquidity, our Business Money Market Account is for you. As your balance grows, our tiered-structure allows you to earn higher interest on those growing balances.  

Please contact us with questions

Call (978) 283-8200

e-mail Mark Grenier, Vice President & Commercial Loan Officer

e-mail Michael Luster, Commercial Loan Officer