Deposit Accounts
Free Community Association Checking
A checking account best suited for smaller associations.
- No monthly service fee and no minimum balance requirement
- Free business online banking
- Free online bill pay
- Free transactions (up to 300 per month)
Premier Community Association Checking
A checking account for larger associations and property management firms.
- Full array of cash management services
- Earnings credit can be used to offset $12 monthly service fee
- Business online banking at $9.95 per month
- Business online bill pay at $5 per month
Community Association Money Market Savings
A savings account for associations and property management firms.
- Competitive interest rates tiered by balance
- Free transactions (up to 50 per month)
- Check writing capability
- Complete online access
- $2,500 minimum daily balance to waive $10 monthly service fee
Community Association Certificates of Deposit
Invest your association's surplus funds in a guaranteed savings vehicle. Community Association Banking customers receive special rates on CDs.
Free interest-bearing checking for members
As an added bonus, Rockland Trust will extend its Workplace Banking discount program to all homeowner association members. This free, interest-bearing checking account offers multiple benefits and discounts, including special promotional pricing on CDs and IRA CDs and discounted rates on personal loans and home equity lines of credit.
- Includes debits, credits, and items deposited per monthly statement. 50¢ per transaction over the free transaction limit.
- The earnings credit will be calculated using the 90 day T-bill as a benchmark during the statement period.
- Includes debits, credits, and items deposited per monthly statement cycle (subject to federal regulations on withdrawals). Up to six pre-authorized withdrawals are allowed per monthly statement cycle. Each withdrawal in excess of six is $10. No limits on withdrawals or transfers made with a withdrawal slip at Rockland Trust branches. 50¢ per transaction over the free transaction limit.