We develop a custom banking solution for you using an appropriate combination of deposits, money market accounts, and short-term investments and cash management solutions based on an in-depth understanding of your company’s specific financial situation.
Your Commercial Banker
Each client works directly with a Relationship Manager who serves as the client’s day-to-day contact, understands the client’s long-term goals and is supported by a team of seasoned industry professionals with specific business expertise. We work closely with you to provide focused attention and proactive advice in order to help meet your business’s specific cash flow cycles.
Demand Deposit Accounts
Ideal for daily operations and instant availability to your funds without restriction, our FDIC-insured Demand Deposit Accounts allow you to save and make unlimited withdrawals as needed.
Money Market Savings and CDs
As your business savings continue to expand, you’ll want to protect and maximize your capital reserve, while having immediate access to your funds when needed.
- Our business money market accounts allow you to increase your savings easily with our highly competitive business money market interest rates.
- Boston Private CDs help ensure that your surplus capital is secured at rates and for terms consistent with your business savings objectives.
Interest on Lawyers Trust Accounts (IOLTA)
If you're a law firm, our IOLTA accounts earn interest on your short term client funds which can be transferred automatically into the appropriate state bar program.
Fiduciary Master and Sub-Accounts
If you're holding funds on your client's behalf, Fiduciary Master Accounts allow you to separate your operating accounts and all client funds so that interest can accrue independently for each client within Fiduciary Sub-Accounts.
Our Cash Management Services are designed to take the stress out of your daily operations with flexible services and the latest technology to ensure that you stay focused on growing your business.
Round-the-clock accessibility, convenience, and protection are essential for your business spending. With a Boston Private Business Debit Card, you can have all three.
Do you know the true value of your business?
7.7M businesses in the U.S. alone will change hands in the next 10 years1.
Are you one of the 75% of the world's 200 million small businesses who don't know what they're worth?2
Ready to Get Started?
If you value a truly personal relationship with your banker and are ready to work with a company that wants to understand your business as well as you do, let's get started.
2Source: IBIS World