Small businesses make up a big part of our community. The Bank of Washington is proud to offer small business owners financial products and services to help maximize cash flow and operating profits. Our staff will provide you with the resources and information you need to make wise financial decisions to ensure success of your business.
FREE BUSINESS CHECKING
Break free from complicated checking account fees with Free Business Checking from Bank of Washington.
Other checking related services we offer include 24-Hour Tele-Banker, 14 convenient ATM locations, Bank by Mail, Cashiers Checks, Check Cashing Services, Collection Debit Card, Direct Deposit, drive up banking, merchant MasterCard and Visa accounts, account research, Money Orders, Night Depository, Safe Deposit Box, Stop Payment Orders, Tax Deposits, Telephone Transfers, Travelers Checks, and Wire Transfer Services.
CERTIFICATE OF DEPOSIT
We design certificates of deposit which offer competitive rates with several terms and options to meet your investment needs. You will have the safety and security of knowing deposits are Federal Deposit Insurance Corporation (FDIC) insured.
Additionally, we offer U.S. Savings Bonds and other non-FDIC insured products to help you maximize your cash earnings.
MONEY MARKET DEPOSIT ACCOUNT
Primarily designed for savings, a MMDA account allows you the convenience of limited check writing privileges. Competitive rates are offered with interest paid monthly. A $1,000 minimum deposit is required to open and to avoid a fee.
An opening deposit of $25.00 or more will start a statement savings account. Simple interest is calculated daily and paid quarterly. A dormant fee of $10.00 may be assessed to an account which has been inactive for a period of one year or more and has a balance of less than $100.00.