Terms & Conditions

Important Information About Accounts That Qualify for this Special Offer:: Webster Business Value Checking. Minimum opening deposit of $500 is required. $11.95 monthly service charge. Monthly service charge can be waived if you maintain a monthly average balance of at least $2,500 or are the primary owner of a personal Premier checking account. Receive 100 free transactions that include checks paid, checks deposited, deposit tickets, ACH debits and credits, bill or tax payments through Webster online, ATM deposits/withdrawals and debit card purchases – using signature or PIN (Personal Identification Number). There is a fee of $0.50 per transaction in excess of 100. Free for cash deposits of less than $1,000 per business day. If exceeded, the charge is $2.00 for the first $1,000 cash deposited, then $.20 for every additional $100 deposited per business day. Other miscellaneous fees may apply. Webster will waive the monthly maintenance fee on either a Webster Business Value Checking account or a personal Webster Value Checking account when you open and maintain a Webster Business Value Checking account. If you choose the additional Webster Business Value Checking account, all charges for excess transactions and excess daily cash deposits will apply. If the Webster Business Value Checking account associated with the account is closed for any reason, the normal monthly service charges will apply.; Webster Complete Business Checking. Minimum opening deposit of $500 is required. $25 monthly service charge. Monthly service charge can be waived by maintaining a monthly average balance of at least $7,500 in up to 3 linked Webster Complete Business Checking accounts (the “relationship package”). You may create a relationship package of up to 3 Webster Complete Business Checking accounts. Balance requirement and monthly service charge can also be waived when payments are processed using Webster Merchant Services. The aggregated monthly average balance of these accounts (the “relationship package”) will be calculated to determine if the account designated as the Primary is entitled to a service charge waiver based on maintaining the monthly average balance required to avoid the monthly service charge for that statement period. Secondary linked accounts will always be free of the monthly service charge, provided a primary account is present. Authorized signers on any of the accounts are entitled to determine which accounts are included in the relationship package provided that they are a signer on each of the accounts they designate. Accounts can be added or removed at the sole discretion of the signers on the individual accounts in the relationship package. If you remove or close the Primary account in the relationship, it will result in dissolving the relationship package and subject each account to the monthly average balance requirement to waive the monthly service charge. In addition, removal of one of the secondary accounts from the relationship, by a signer, may result in the Primary account being subject to a service charge without notice to all other signers, should the monthly aggregated balances fall below the balance to waive threshold. Other miscellaneous fees may apply.; Webster Commercial Checking for Small Business. Minimum opening deposit of $500 is required. $32 monthly service charge. Fee may be offset through earnings credit. Free for cash deposits of less than $1,000 per business day. If exceeded, the charge is $2.50 for the first $1,000 cash deposited, then $.25 for every additional $100 deposited per business day. Per item charges are: $1.00 per deposit ticket processed, $.16 per check deposited, $.20 per check paid. Other miscellaneous fees may apply.; Webster Complete Business Checking ATM.
With Webster Complete Business Checking, Webster will not charge any fees for using non-Webster ATMs and if you are charged a fee by another bank for using its ATM, we will rebate the fee. Product features are subject to change at any time.