Business Accounts

Business Savings Account*

Setting aside money helps to grow your business and protects you when the unexpected happens.

• 3 debit transactions
• Electronic statements
• Check images with electronic statement
• Variable Interest – paid monthly on daily balance
• Western Bank Master Card/Debit Card

• Minimum $100 to open
• Monthly fee of $5 – Waived if daily balance in all linked accounts is more than $500
• Over 3 transactions per month, $5 each

Business Certificate Deposits(CDs)

CDs are a great next step for your savings plan and goals. They offer a higher interest rate than savings accounts – they do have a maturity date, so don’t plan to access the money until it matures.

• No transactions
• Print statements
• Images online only
• Fixed interest for initial term, paid at maturity or every 12 months
• Maturities range from 1 month to 5 years

• Minimum $1,000 to open
• Early withdrawal penalties may apply