Waldo State Bank Regular Business Savings

Regular Business Savings Account

Tailored to your small to medium-sized business, our regular business savings account fits your needs.

• No monthly fees
• No per-item fee
• Free QuickBooks and Quicken products
• Free ATM access
• Free start card at account opening
• Free initial debit card
• Electronic statements (eStatements) available
• Unlimited check-writing
• Unlimited in-person withdrawals
• Six (6) pre-authorized, automatic, or telephone transfers per month
• Free online banking and mobile deposit

Details of a Regular Business Savings Account

• Minimum deposit to open required: $5.00
• Minimum balance required of $50.00 in the account each day to obtain the disclosed annual percentage yield (APY)
• The daily balance method is used to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
• Interest will be compounded and credited to your account quarterly. If you close your account before interest is credited, you will not receive the accrued interest.
• Interest begins to accrue on the business day you deposit noncash items (checks, for example).
• Your interest rate and annual percentage yield (APY) may change. At our discretion, we may change the interest rate on your account at any time.
• Check-printing fee will depend on the style of the check ordered
• Contact Waldo State Bank for current rates