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Our accounts were designed with your company in mind. Whether you are a sole proprietorship, corporation or even a non-profit organization, Bank of Walterboro has the right account to fit your needs.

Business Checking
Small Business Checking
Business Checking Plus
Non Profit /Sole Proprietorship
Commercial Money Market Account
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Business Checking

Perfect for businesses who need the freedom of unlimited transactions plus the ability to receive an earnings credit. This non-interest bearing account is available to sole proprietorships, partnerships and corporations who carry larger balances and have more activity through the account each month than Small Business Checking would normally accommodate.

Features & Benefits:

  • Unlimited Check Writing
  • Monthly earnings credit to offset analysis charges (.50 per $100 average collected balance)
  • No charge for night depository service
  • No charge for coin orders

Activity charges that are factored into account analysis:

  • $5 monthly maintenance fee
  • $0.15 per check paid or other debited item
  • $2 return items deposited
  • Monthly earnings credit of $0.50 per $100 of the average collected balance

Small Business Checking

This non-interest bearing account is designed to meet the needs of proprietorships, partnerships, and small corporations.

Features and Benefits:

  • Flat monthly fee of $7, regardless of balance
  • No transaction fees if you write less than 50 checks per month
  • $.10 per check charge if volume exceeds 50
  • No charge for deposited items

Business Checking Plus

Non Profit / Sole Proprietorship

  • Unlimited check writing
  • Standard rate of interest paid on daily balances between $500 - $2500
  • Market rate of interest paid on daily balances over $2500
  • If minimum balance drops below $500, a monthly maintenance fee of $3 plus $0.15 per check will be charged

Non Profit Account
  • No minimum balance
  • No service charges
  • No interest

Commercial Money Market Account
  • $1000 minimum balance to earn money market interest. If minimum balance is not maintained, standard rate of interest is paid and a $5 service charge is imposed
  • Balances above $20,000 earn premium rates of interest
  • Unlimited teller withdrawals, however this account is limited to 3 checks and 3 pre-authorized payments per statement cycle.
  • $5 charge for each third party transaction over limit

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