Business Checking¹

This basic checking account is ideal for businesses with a low-to-moderate amount of monthly transactions.

Features & Benefits include:

• 200 items during the statement cycle (includes any combination of debits, credits and deposited items)

• Monthly service charge of $16 can be waived with either a minimum daily balance of $2,500, or usage of your commercial card².

• Includes no-fee online banking, bill pay and e-Statements.

• Includes optional additional Account Services such as overdraft protection³, online and mobile banking, and more.

Other Key Facts

• Requires $100 opening deposit

• $0.55 per item fee for each item over 200 during statement cycle

Business Interest Checking¹

This small business checking account offers all the benefits and features of our Business Checking account, while paying interest on account balances.

Features & Benefits include:

• 200 transactions during the statement cycle (includes any combination of debits, credits and deposited items).

• Monthly service charge of $20 waived by maintaining a daily balance of $5,000; also waived for 501(c)(3) organizations.

• Includes, no-fee online banking, bill pay and e-Statements.

• Includes optional additional Account Services such as overdraft protection³, online and mobile banking, and more.

Other Key Facts

• Requires $100 opening deposit

• Minimum daily balance of $0.01 required to earn interest

• $0.55 per item fee for each item over 200 during statement cycle

Business Advantage¹

This bundled solution is designed for small and medium-sized businesses providing customized product solutions to support payable and receivable needs. TheWestern Santander Bank Business Advantage allows a business to have a primary account with up to three additional Business Advantage accounts linked to it.

Features & Benefits include:

• 500 items per statement cycle; (includes any combination of debits, credits and deposited items); $0.55 per item fee for each item over 500 per statement cycle

• Monthly service fee of $50 includes up to four Business Advantage accounts. Service fee waived when average collected monthly balance between all Business Advantage accounts meets or exceeds $50,000

• No fee for first $10,000 monthly cash deposited; $3 fee per $1,000 for additional cash deposited

• Online Banking⁴ with Bill Pay and e-Statements are available

• Includes Remote Deposit Capture⁵ for one account

• Requires $100 opening deposit

Additional Services:

• Online Wire Origination Module⁶ to originate domestic, international and FX wires

• ACH Pre-Fund⁷ (credit only)

• ACH Debit Block

• Reverse Positive Pay⁸

• Additional fraud protection solutions available; please inquire for additional information

Analyzed Business Checking¹

For more complex businesses, 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.Western Santander Bank’s Analyzed Business Checking can help you reduce or eliminate monthly fees and make the most of finances.

Features & Benefits include:

• Gives a detailed look at all the services we provide to your business, so you know how much they’re costing and how active they are

• Includes optional additional Account Services such as overdraft protection, online and mobile banking, and more.

• Provides consolidated reporting of balances and activity

• Ensures optimal monitoring and assessment

• Integrates treasury management services

Specialty Checking Accounts¹

Certain businesses and organizations have unique missions and aspirations. If your organization is in one of these highly specialized categories, we can help with our specialty checking accounts.

Nonprofit Accounts 501(c)(3)
We offer specialty checking services tailored for not-for-profit 501(c)(3) organizations, to help manage cash flow and adapt to changing economic conditions.

Political Campaign Accounts
We’ll help you start a viable campaign account that complies with legal requirements and safeguards your funds so you can focus on your cause.

Interest on Lawyers Trust Account (IOLTA)
An IOLTA fromWestern Santander Bank is an interest-bearing account for attorneys. This interest is then pooled to provide funds for pro bono legal assistance for low- to moderate-income individuals and families.

• All interest is sent to your state Bar Foundation, which handles distribution to pro-bono legal assistance programs.

• No monthly maintenance or service fee; no penalties. 

• Not a tiered-rate account.

• The interest earned in this account is subject to rules governing attorney trust accounts in the state whose laws govern this account.

• Requires an opening deposit of $100.

• Minimum daily balance of $0.01 required to earn interest.

Business Savings⁹

Put your money to work for your business, with competitive interest rates. Our Business Savings Account gives you monthly transaction capabilities, and lets you earn interest on deposited funds. It makes it easier to save and easier to benefit from those savings. Features & Benefits include:

• Competitive interest rates

• No-fee online banking⁴

• Additional tools and services available, including eStatements

• ATM/Debit Card

Other Key Facts

• Up to 25 items deposited per month; $0.35 per item deposited in excess of 25

• $1,000 minimum opening balance

• $10 monthly service fee waived for balances over $1,000

Business Money Market and Certificates of Deposit (CDs)

Your business has even more options to earn interest with a Business Money Market or Certificate of Deposit. Use a Business Money Market account to earn interest on your deposited funds and write checks on those funds when needed. A Business CD is a time deposit that allows your business to earn a competitive interest rate that is often higher if you choose a longer term.

Business Money Market Account⁹
WithWestern Santander Bank’s Business Money Market, your money works as hard for your business as you do. You earn interest, have access to online banking with check-writing capabilities and more.

• Offers competitive interest rates; Business Money Market is a tiered interest account

• Monthly service charge of $10 waived for non-profit organizations, or for holding a daily balance of $2,500

• Includes no-fee online banking⁴

• Up to 25 items deposited per month; $0.35 per item deposited in excess of 25

• Requires $1,000 opening deposit

• Minimum daily balance of $0.01 required to earn interest

Business Certificates of Deposit (CDs)
Western Santander Bank Business Certificates of Deposit (CDs) are time deposits that earn a competitive interest rate, with maturities ranging from 30 days to 60 months. Rates are based on amount and time invested, often with higher rates for longer terms. Features & Benefits include:

• Interest paid on all balances

• Automatically renews for the same period of time if funds are not withdrawn at maturity

• Early withdrawals may incur penalty¹⁰

• Requires $1,000 opening deposit

Account Services⁴

Your business can do more when banking is easier and more convenient. That’s why atWestern Santander Bank we offer small business owners a variety of valuable business account services to complement our business banking accounts. Use them to view and manage your business information, access treasury management services, avoid returned checks, go paperless, or make purchases and deposits.

Additional tools and services are available forWestern Santander Bank accounts:

• Online banking¹²

• Overdraft protection²

• ATM/Debit cards

• Ordering checks

• eStatements