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Business Checking Accounts

Watertown Savings Bank offers a selection of versatile business checking services at great value.

 

 

Business Checking Overview:

 

  Free Checking      General Checking Non-Profit Checking IOLTA Checking
Earnings Credit Rate (on collected balance)** NA 1.00% NA .10%
Monthly Service Charge No charge No charge No charge No charge
Checks Paid 150 free $.10 each No charge No charge
Checks Deposited
150 free $.10 each No charge No charge
Teller Deposits 15 free $.50 each No charge No charge
Electronic ACH Deposits & Withdrawals No charge $.10 each No charge No charge
Cash Deposits per $100 No charge $.10 each No charge No charge
Fees offset by credit earnings  No Yes No No
Charge for excess items $.75 each NA NA NA
BASIC Business Online Banking

(includes bill pay, transfers, viewing)

 No charge
 No charge
No charge No charge
Online Banking with Cash Management

    

     Level 1-includes bill pay, transfers, viewing

 

No charge

 

No charge

 

No charge

 

No charge

     Level 2-includes all level 1, plus ACH & wires

 

$10 per month $10 per month NA NA

     Level 3-includes all level 1 and 2, plus cash concentration

 

$10 per month $15 per month NA NA

 

Earnings Rate is equal to 70% of the 13 week T-Bill rate as listed in the Wall Street Journal on the last day of the month, or 1%, whichever is higher.

Click here for a list of ancillary fees.  

For more information on our business checking accounts, contact one of our Business Development Officers at (617) 928-2333 or Customer Support at (617) 928-9000.  Or email us at support@watertownsavings.com.

IMPORTANT: E-mail is generally not a secure form of communication. Please do not include account number or social security information in this correspondence.

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©2014 Watertown Savings Bank. All Rights Reserved. | Headquarters: 60 Main Street, Watertown, MA 02472 | tel: 800.207.2525