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Checking Accounts

Business Free Checking

Totally Free Checking. No "ifs" or "asterisks" you find with other banks. For our valued business customers, we keep checking simple:

  • No Minimum Balance.
  • No Per-Check Charge.
  • No Monthly Service Charge.
  • First order of checks FREE.

Business Interest Checking

Want to earn interest on your Business Checking Account? If you're a Sole Proprietor or Partnership, just maintain a monthly $1000 average balance and you will earn competitive rates on your Business Interest Checking Account and avoid a monthly maintenance fee.


Iolta Accounts (Attorney Trust Accounts)

This is an FDIC insured deposit. It is available to attorneys holding client's monies. This account meets the attorney's IOLTA reporting requirements. Deposits or withdrawals can be made at any time. All deposits are subject to collection before withdrawal. The depositor receives a statement and all paid checks, monthly.

We pay interest on the funds, do all the necessary calculations and remit all required reports and net interest, monthly.


Escrow Accounting Services

You can manage multiple attorney trust and/or tenant rent security escrow accounts with no monthly fees! Our services streamline escrow accounting and save you money by reducing the time you'd otherwise spend on accounting and paperwork. Your clients' Sub-Accounts are linked to a single Master Account enabling you to efficiently make transactions and disbursements. We do the paperwork and send you monthly statements detailing Master and Sub-Account activity. And we, not you, prepare and mail the 1099's directly to your clients.


Contact a Relationship Manager with any questions at:

CEDAR GROVE:
Tina Parsons
tparsons@asbnj.com
Ph: 973-239-6450 Ext. 11
BLOOMFIELD:
Ed Nejman
enejman@asbnj.com
Ph: 973-748-3600 Ext. 154
VERONA:
Edwin Baumgartner
ebaumgartner@asbnj.com
Ph: 973-857-0856

 

NUTLEY:
Catherine Samarati
csamarati@asbnj.com
Ph: 973-798-6150             
CLIFTON:
Nancy Iacobucci
niacobucci@asbnj.com
Ph: 973-798-6250               
                                                 

 

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