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Business Checking |
Business Interest Checking |
Business Advantage |
Analyzed Business Checking |
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| Best For | Businesses with low-to-moderate volume of activity | Businesses that want to earn interest on account funds and have a low to moderate activity. | For businesses with simple payables and receivables needs offering the ability to combine up to four Business Advantage accounts. | For businesses with high transaction volumes, high checking balances and complex cash-management needs. |
| Minimum Amount to Open Account | $100 | $100 | $100 | $100 |
| Monthly Service Fee | $16/month | $20/month | $50/month Includes up to 4 eligible accounts |
Contact us for available customized services and fee information. |
| Ways to Waive the Monthly Service Fee | Daily balance of $2,500 or Nonprofit 501(c)(3) status | Daily balance of $5,000 or Nonprofit 501(c)(3) status | Average collected monthly balance of $50,0003 | Contact us to learn how competitive earnings credits can reduce or eliminate fees and service charges. |
| Debits, Credits & Deposited Items | No charge up to 200 $0.55/item over maximum |
No charge up to 200 $0.55/item over maximum |
No charge up to 3001 $0.55/item over maximum |
Contact us to learn how competitive earnings credits can reduce or eliminate fees and service charges. |
| Interest Earning | No | Yes | No | No |
Business Checking
This basic checking account is ideal for businesses with a low-to-moderate amount of monthly transactions.2
Business Interest Checking
Offers all the benefits and features of our Business Checking account, while paying interest on account balances.2
Business Advantage
This bundled solution is designed for small and medium-sized businesses providing customized product solutions to support payable and receivable needs.2
Analyzed Business Checking
For accounts with a higher level of activity, cash needs or treasury management services, the Analyzed Business Checking product helps you monitor and evaluate the services we provide to your business, with consolidated reporting of balances and activity.2
Interest on Lawyers Trust Account (IOLTA)
An interest-bearing account for attorneys and law firms, an IOLTA benefits pro bono legal assistance organizations.2
Account Services
Additional tools and services are available forWestern Santander Bank accounts, including online banking, ATM/Debit cards and eStatements.2
1. Aggregated across up to four Business Advantage accounts.
2. Refer to disclosures provided at account opening, the Business Schedule of Fees, and Pro Forma for additional information.
3. Aggregated across up to four Business Advantage accounts.