Business Banking That Works as Hard as You Do
Options for business banking needs.
Business Checking Accounts
Your business deserves a checking account that keeps things simple, efficient, and local. At Watertown Savings Bank, our business checking solutions are designed to support your day-to-day operations with no unnecessary fees, no complicated terms. Whether you’re just getting started or scaling up, we’re here to help you manage your finances with ease and confidence. Let’s build something great together.
No monthly fee
Account access thru WSB Online and WSB Mobile Banking app
Real-time account alerts
Contactless WSB debit card
Free first order of basic checks
Free Business Online Banking
This is a versatile account that provides all the services you need to manage your growing business. Your funds on deposit help you earn valuable credits that are applied towards fees and charges you may incur. These earnings credits are calculated at the end of each statement period by multiplying the average collected balance by 1%. Unused earnings credits can be carried over each month, for one full year. At the end of the calendar year the earnings credit balance returns to zero, and the credits begin accumulating again.
No monthly service charges
Earn credit to offset fees
Free Business Online Banking
Business Non-profit Checking: We are also focused on supporting those local, non-profits that contribute to the quality of life in the cities and towns we serve. With that in mind, we have created a totally free checking account for local, non-profit organizations based in Watertown, Waltham, Belmont, Newton, Arlington and Lexington.
Business Checking Account Comparison Chart
Let's Find the Account that Works for You
| Account Type | Earning Credit Rate | Monthly Service Charge | Checks Paid | Checks Deposited | Teller Deposits1 | Electronic ACH Deposits & Withdrawals | Cash Deposits per $100 | Charge for Excess Items | Business Online Banking | Add Business Bill Pay | Add Wire Transfers2 | Add ACH Originations2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Business Checking | N/A | No charge | 150 free | 150 free | 15 free | No charge | No charge | $0.75 each | No charge | $10 per month | N/A | N/A |
| General Checking | 1.00% | No charge | $0.10 each | $0.10 each | $0.50 each | $0.10 each | $0.10 each | N/A | No charge | $10 per month | $10 per month | $10 per month |
| Non-Profit Checking | N/A | No charge | No charge | No charge | No charge | No charge | No charge | N/A | No charge | $10 per month | N/A | N/A |
1Includes mobile deposits.
2Available upon approval.
Review our current list of Business Account Fees.
In Their Own Words
We're thankful to our customers for sharing why they've chosen WSB.
Lisa, Restaurant Owner, Watertown
What I love about Watertown Savings Bank is their confidence in me and commitment to me. If you had asked me years ago if I would be owning a business in the town I was born and raised in, I would have said that is my utmost dream. And Watertown Savings Bank made it come true.
Tina, Salon Owner, Newton
Watertown Savings Bank is my go-to for my business and personal accounts. I can access my accounts on-the-go whenever I need to. It’s convenient and secure. I also enjoy going into the Warrendale Branch! It feels like meeting up with old friends. I wouldn’t do my banking anywhere else.
Crystal, Realtor, Watertown
One of the WSB features that I can't go without is the Mobile Banking app. Being a realtor, always being on the go, having two kids, the mobile banking app is so simple and easy to use. I can snap and click to deposit a check. When I shop for my kids for school, I can quickly check my account balance with a touch of a finger. I know it's safe and secure and I don't have to think about it.
