Business Checking

A TAILORED CHECKING ACCOUNT FOR EVERY BUSINESS, BIG OR SMALL.

Pave Union Bank offers a complete suite of checking solutions to meet the needs of businesses, organizations and municipalities — today and for the future.  As your business or organization grows, you can seamlessly transition to the checking account that best suits your current needs and add various Cash Management Services when appropriate.  

Feature-rich checking options, robust online capabilities, sophisticated Cash Management Services and a team dedicated to supporting your business, organization or municipality results in an unparalleled value proposition.

Business Value Checking

This is the solution for businesses and organizations with low transaction volumes not yet needing analysis checking or the Cash Management Services available with those accounts.  There is no fixed monthly service charge or minimum balance requirement, and it is accompanied by a wide range of free convenience services.  This adds up to a great banking value.    

Business Relationship Checking

This is perfect for businesses and organizations with higher transaction volumes that do not need an analysis account or Cash Management Services.  This relationship-focused account enables businesses and organizations with more extensive deposit balances in other savings and money market accounts to use them to avoid the monthly service charge.

Non-profit Checking Account

Non-profit organizations play an important role within our local communities. These organizations can better fulfill their mission with a financial partner who listens and understands their unique challenges and needs.  

This is the ideal checking account for organizations with a limited transaction volume.  There is no fixed monthly service charge or minimum balance requirement; the account earns interest and includes a wide range of free convenience services. 

Business and Municipal Analysis Checking

This is the right choice for businesses or organizations with a high transaction volume or who maintain larger account balances where the “earnings credit” is used to offset monthly service charges and charges for various Cash Management Services. 

Business Sweep Checking

This analysis account is designed for businesses or organizations with larger account balances where the “earnings credit” is used to offset monthly service charges and charges for various Cash Management Services.  There is the added benefit of a sweep arrangement which can automatically transfer funds to and from an interest-bearing sweep account, to maintain a target balance in the checking account and enhance the earning potential of excess funds.

IOLTA Checking Account

This is a checking account established by an attorney to hold funds belonging to clients.  The interest from the account will automatically be sent to the Connecticut Bar Foundation, meaning less recordkeeping and more convenience for the lawyer or legal firm. 

IOREBTA Account

This is a checking account established by a real estate agency to hold funds belonging to clients.  The interest will automatically be sent to the Connecticut Housing Finance Authority (CHFA) resulting in less recordkeeping and more convenience for the real estate agency.