Waldo State Bank Regular Business Savings

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

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