Checking & Savings Accounts
Business Checking
Great for business customers with a moderate transaction volume.
Minimum
Opening
Balance |
Required Balance |
Monthly Charges |
| $100.00 |
None |
Monthly Maintenance Fee: $10.00
Check Fee: The first 50 checks each month are free. Additional checks (over 50) are $00.20 each.
Fee per Item Deposited: $00.07 per item deposited.
Earnings Credit: A credit of $00.15 per $100 of the average collected balance is applied to all fees except the monthly maintenance fee and overdraft fees.
|
Business Interest Bearing Account
Effective May 5, 2021 to May 12, 2021
For businesses wanting to earn interest with access to their funds
| Minimum Opening Balance |
Required Balance |
Monthly Charges |
Annual
Percentage
Yield (APY) |
Interest Rate |
| $1,500 |
$1,500 min. ledger or $3,000 avg. daily balance |
A $10 minimum balance fee will be imposed every monthly statement cycle unless you maintain either a minimum daily balance of $1,500.00 or a minimum average balance of $3,000.00 for the monthly statement cycle.
$.20 per check in excess of twenty-five (25) checks per statement cycle. The fee will not apply if you maintain a $5,000 average daily balance for the statement cycle.
|
0.05% |
0.05% |
Fees could reduce earnings.
The interest rate and annual percentage yield (APY) may change after account opening.
WB Business Interest Bearing Account
Effective May 5, 2021 to May 12, 2021
For businesses wanting to earn interest with access to their funds
| Minimum Opening Balance |
Required Balance |
Monthly Charges |
Annual
Percentage
Yield (APY) |
Interest Rate |
| $2,500 |
$2,500 min. ledger or $5,000 avg. daily balance |
A $12.50 minimum balance fee will be imposed every monthly statement cycle unless you maintain either a minimum daily balance of $2,500.00 or a minimum average daily balance of $5,000.00 for the monthly statement cycle.
$.20 per check in excess of twenty-five (25) checks per statement cycle. The fee will not apply if you maintain a $5,000 average daily balance for the statement cycle.
|
0.05% |
0.05% |
Fees could reduce earnings.
The interest rate and annual percentage yield (APY) may change after account opening.
Business Money Market - Tiered Interest Rates
Effective May 5, 2021 to May 12, 2021
For businesses wanting to earn a higher rate of interest with access to their funds
Minimum
Opening
Balance |
Required Balance |
Monthly Charges |
| $2,500 |
$2,500 |
$10 if balance of $2,500 is not maintained
There is a per item service charge of $10 for each withdrawal in excess of six (6) paid during a statement cycle.
|
Fees could reduce earnings.
The interest rate and annual percentage yield (APY) may change after account opening.
Tiered interest rates and annual percentage yields can be found here.
Business Savings
Effective May 5, 2021 to May 12, 2021
Our basic business savings account to help set aside some extra money.
Minimum
Opening
Balance |
Required Balance |
Monthly Charges |
Annual
Percentage
Yield (APY) |
Interest Rate |
| $25.00 |
$100.00 |
$2 for each withdrawal in excess of six (6) per statement cycle
$3 service fee if balance falls below $100.00
|
0.10% |
0.10% |
Fees could reduce earnings.
The interest rate and annual percentage yield (APY) may change after account opening.