Business Deposit Services
With accounts designed for both large & small businesses, CharterWest can save you money on Commercial Checking. Contact us for our fee schedule – our fees are the lowest in the market.
Designed for businesses with smaller volumes. The monthly fee is waived when the account is enrolled in CharterGreen estatements or you have over $25,000 in total deposits and loans with us.
CharterBiz Classic Checking
Perfect for businesses with higher volumes of checks and deposits. Earn credit for your investable balance.
CharterVest Money Market
Pays higher interest rates, but has limited check writing privileges. A tiered interest rate structure pays higher rates on larger balances, retroactive to the first dollar. This account provides money market interest rates, while still providing you daily access to your money.
If your business has a need for a traditional savings account, we have what you need. Paying competitive interest rates.
ICS (Insured Cash Sweep) Accounts
ICS accounts allow high balance businesses an option for their funds, in excess of $250,000, to maintain unlimited FDIC insurance coverage, while earning a competitive interest rate. Businesses enjoy unlimited withdrawals and it requires no action on your part to move balances from the ICS to your business account.
We can help to manage and maintain funds in your business accounts by sweeping to or from a Line of Credit or simply between deposit accounts, avoiding unnecessary fees or overdrafts.
CharterWest Bank partners with Clover®, to offer a point of sale and business management system tailored to your business needs. For more information, click here or contact a CharterWest Bank location.