Business Checking accounts

Newcomers · 03-15-2008, 03:03 PM

I am new to the Moultonborough area and looking for a bank to open a business checking account. I spoke with Meredith, Laconia and Citizens.
It seems Citizens has the best finacial terms but I would like to get your opinion.
Thanks!

Irish mist · 03-15-2008, 04:05 PM

Quote:

Originally Posted by Newcomers

I am new to the Moultonborough area and looking for a bank to open a business checking account. I spoke with Meredith, Laconia and Citizens.
It seems Citizens has the best finacial terms but I would like to get your opinion.
Thanks!

This is JMO but I use Meredith Village Savings Bank for everything. Great service. Great people. Nothing better than using a small local bank.

fatlazyless · 03-15-2008, 05:47 PM

Meredith Village Savings' Generation Card comes with a booklet of local businesses and services that offer various discounts. Six cents off a gallon of Mobil gasoline at the town docks Mobil,,,,,,used to be 3%...until their discount got discounted.

Never a problem with my exremely meager account, plus they have free cookies and coffee every once in a while.

Hey, so what the Meredith Village Savings Generation Card really needs in their discount book is a local Korean massage parlour!

kayakn · 03-15-2008, 06:09 PM

We have been using Laconia Savings for years. Always great service. We just bought a business last summer and have continued with LSB. JMO...

JL Girl · 03-15-2008, 06:11 PM

I recommend Meredith Village Savings Bank too - our condo association has used them for years and we have always been pleased by their service. I have them for my personal accounts too, as well as the Generations Gold card. They're down to the earth, helpful, and personable too.

SAMIAM · 03-15-2008, 07:08 PM

I would stay away from Citizens.............we've used them all at one time or another and Citizens was the only one that was troublesome

Paugus Bay Resident · 03-16-2008, 06:30 AM

I have business accounts with both MVSB and TD BankNorth. Been happy with both. My only complaint with MVSB is that you can't make deposits with their ATMs.

SteveA · 03-16-2008, 06:54 AM

Quote:

Originally Posted by SAMIAM

I would stay away from Citizens.............we've used them all at one time or another and Citizens was the only one that was troublesome

We swapped all accounts from Citizens to TDBank North and have been very happy with the change. Citizens was very reluctant to bend even minor rules (accepting fund transfers over the phone when we were away from home) while we have been able to work with TDBank North through a number of issues.

Puckster · 03-16-2008, 06:30 PM

they will nickle and dime you to death. Stupid fees for deposits ect. The family business has their account there, I have my personal account at Bank North.

Weirs guy · 03-17-2008, 11:38 AM

DISCLAIMER, Weirs Gal works for MVSB...

Having said that I would strongly urge anyone to avoid TD or Citizens, or any other large bank. The wife has worked for one of them before (OK, TD, but only because you twisted my arm) and finds MVSB and any other locally operated small bank to be much more customer focused. They tend to spend their money in the community and not on naming an arena in Boston....

Rag Top Daze · 03-17-2008, 12:24 PM

We have a personal account at MVSB and one at TD and a business account at LSB. The big difference I find with the 3 is that MVSB charges a fee if we were to transfer funds on line from our Smith Barney higher yield account into our account. LSB and TD don't charge when we do this. Other than that, we are happy with all 3. One was more convenient than the others to where we lived at one time or another over the past 4 years,

froggy · 03-18-2008, 07:45 AM

For whatever reasons: At citizens I have no service charges on two business accounts: one is for merchant c/c processing, and I transfer on line to other - an operating checking account. I have no charges on a citizens circle personal checking, interest bearing. Disclaimer: we are merely a number, even though I have banked in the same building (about 4 banks over the years) since it was erected, about 1974! Rarely anywhere is there customer service like there used to be!!!

03-15-2008, 03:03 PM	#1
Newcomers Senior Member Join Date: Sep 2007 Posts: 74 Thanks: 83 Thanked 16 Times in 9 Posts	Business Checking accounts I am new to the Moultonborough area and looking for a bank to open a business checking account. I spoke with Meredith, Laconia and Citizens. It seems Citizens has the best finacial terms but I would like to get your opinion. Thanks!

03-15-2008, 05:47 PM	#3
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,724 Blog Entries: 1 Thanks: 300 Thanked 1,000 Times in 729 Posts	Meredith Village Savings' Generation Card comes with a booklet of local businesses and services that offer various discounts. Six cents off a gallon of Mobil gasoline at the town docks Mobil,,,,,,used to be 3%...until their discount got discounted. Never a problem with my exremely meager account, plus they have free cookies and coffee every once in a while. Hey, so what the Meredith Village Savings Generation Card really needs in their discount book is a local Korean massage parlour! __________________ ... down and out, liv'n that Walmart side of the lake!

03-16-2008, 06:30 PM	#9
Puckster Member Join Date: Nov 2006 Posts: 38 Thanks: 1 Thanked 1 Time in 1 Post	avoid citizens they will nickle and dime you to death. Stupid fees for deposits ect. The family business has their account there, I have my personal account at Bank North.

03-17-2008, 11:38 AM	#10
Weirs guy Senior Member Join Date: Feb 2006 Location: Weirs Beach, NH Posts: 1,067 Thanks: 0 Thanked 1 Time in 1 Post	*DISCLAIMER, Weirs Gal works for MVSB...* Having said that I would strongly urge anyone to avoid TD or Citizens, or any other large bank. The wife has worked for one of them before (OK, TD, but only because you twisted my arm) and finds MVSB and any other locally operated small bank to be much more customer focused. They tend to spend their money in the community and not on naming an arena in Boston.... __________________ Is it bikeweek yet? Now?

03-17-2008, 12:24 PM	#11
Rag Top Daze Senior Member Join Date: Apr 2006 Location: Moultonborough Posts: 119 Thanks: 11 Thanked 13 Times in 9 Posts	6 of one, half a dozen of the other We have a personal account at MVSB and one at TD and a business account at LSB. The big difference I find with the 3 is that MVSB charges a fee if we were to transfer funds on line from our Smith Barney higher yield account into our account. LSB and TD don't charge when we do this. Other than that, we are happy with all 3. One was more convenient than the others to where we lived at one time or another over the past 4 years, __________________ I live for a rag top day

03-15-2008, 06:09 PM	#4
kayakn Senior Member Join Date: Feb 2007 Location: Laconia Posts: 68 Thanks: 0 Thanked 0 Times in 0 Posts	We have been using Laconia Savings for years. Always great service. We just bought a business last summer and have continued with LSB. JMO...

03-15-2008, 06:11 PM	#5
JL Girl Senior Member Join Date: Mar 2005 Posts: 76 Thanks: 0 Thanked 1 Time in 1 Post	I recommend Meredith Village Savings Bank too - our condo association has used them for years and we have always been pleased by their service. I have them for my personal accounts too, as well as the Generations Gold card. They're down to the earth, helpful, and personable too.

03-15-2008, 07:08 PM	#6
SAMIAM Senior Member Join Date: Apr 2004 Location: Moultonborough Posts: 2,891 Thanks: 334 Thanked 1,673 Times in 584 Posts	I would stay away from Citizens.............we've used them all at one time or another and Citizens was the only one that was troublesome

03-16-2008, 06:30 AM	#7
Paugus Bay Resident Senior Member Join Date: Sep 2003 Location: Gilmanton, NH Posts: 754 Thanks: 136 Thanked 93 Times in 51 Posts	I have business accounts with both MVSB and TD BankNorth. Been happy with both. My only complaint with MVSB is that you can't make deposits with their ATMs.

03-18-2008, 07:45 AM	#12
froggy Senior Member Join Date: Feb 2008 Location: Viewing Winnipesaukee Posts: 100 Thanks: 0 Thanked 1 Time in 1 Post	For whatever reasons: At citizens I have no service charges on two business accounts: one is for merchant c/c processing, and I transfer on line to other - an operating checking account. I have no charges on a citizens circle personal checking, interest bearing. Disclaimer: we are merely a number, even though I have banked in the same building (about 4 banks over the years) since it was erected, about 1974! Rarely anywhere is there customer service like there used to be!!!