Business Accounts

Wilmington’s businesses are the cornerstone of our community. They keep our hometown vibrant and exciting and make it a prosperous place to raise a family. Wilmington Savings Bank is proud to support our businesses by offering banking solutions that work.

 

Open a Business Account

Are you interested in opening a business account? Stop in and talk to one of our banking specialists. They will get to know your financing needs and help you decide the right banking products for you and your business. 

Business Accounts ComparisonBusiness Account Rates

Business Accounts Comparison

ProductBusiness CheckingBusiness Checking PlusPremier Money Market
Minimum Opening Balance

$500

$500

$100

Minimum Monthly Balance $0 $0 $0

Interest Bearing

*See Rates Below

 -
On Balances above $500

Tiered Interest Rate

Online Banking

X

X

X

Bill Pay

X

X

-

Notifi Text Alerts X X -

Card Valet

App that allows you to turn debit card on and off

X X -
Estatements
Available
X X X
Monthly Statements X X X
Debit Card Available X X -
Checks Available X X X
Service Charges $10 per statement cycle - no per item fees $10 per statement cycle - no per item fees $10 per statement cycle if balance is below $100

Business Account Rates

Date Effective By: August 10, 2020 

 Minimum BalanceInterest RateAPY*Minimum Opening Deposit
Business Checking

-

-

-

$500
Business Checking Plus - 0.10% 0.10% $500

Premier Money Market

$0.01 - $2,499.99

0.15%

0.15%

$100
 

$2,500 - $9,999.99

0.20%

0.20%

$100
  $10,000 - $24,999.99 0.30% 0.30% $100
  $25,000 and over 0.45% 0.45% $100

*Annual Percentage Yield - Assumes interest remains on deposit until maturity

Rates on Deposit products are subject to change without notice. Rates published are accurate and represent the current rates offered. Penalty may be imposed for early withdrawal. Fees charged may reduce annual percentage yield.

FDIC Information

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