Put your cash to work with a business savings account from West Shore Bank. You’ll get easy access to your funds while earning competitive interest. Our customer relationship managers can help you choose a savings strategy that makes the most sense for your situation.

E-Z Business Statement Savings E-Z Business Money Market Savings Insured Municipal Savings Insured Cash Management Savings Business CDs

West Shore Bank is participating in the FDIC's Transaction Account Guarantee Program.  Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.  Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.

E-Z Business Statement Savings
Organizations that expect to maintain a modest balance and want the flexibility of unlimited withdrawals and deposits like the simplicity of our E-Z Business Statement Savings account. Interest is paid and compounded quarterly.

• $25 minimum to open
• No quarterly service charge
• Permits six preauthorized or telephone transfers per statement cycle

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E-Z Business Money Market Savings
Our E-Z Business Money Market Savings combines the earnings of a savings account with limited check writing privileges. Suitable for any business, it pays tiered interest rates that rise with your account balance.

• $100 minimum to open
• $12 monthly service charge
• Service charge waived if you maintain a daily balance of at least $1,000
• Pays tiered interest on your entire balance (you’ll earn the highest rate you’re eligible for on every dollar in the account)
• Rates rise at $5,000
• Permits six preauthorized electronic debits per statement cycle, three of which may be checks

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Insured Municipal Savings
Designed specifically for local units of government, Insured Municipal Savings pays competitive interest and provides daily liquidity while ensuring that taxpayer funds on deposit are reinvested locally for the benefit of area communities.

• No minimum balance required
• No monthly service charge
• Permits six preauthorized or telephone transfers per statement cycle
• Monthly service charge on primary checking waived for account holders

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Insured Cash Management Savings
Corporations that expect to maintain larger balances can benefit from Insured Cash Management Savings, which pays an investment rate of return if you keep at least $50,000 in the account.

• Requires $50,000 minimum balance to earn interest
• No monthly service charge
• Permits six preauthorized or telephone transfers per statement cycle
• Monthly service charge on primary checking waived for account holders

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Business CDs
Certificates of deposit are a safe, conservative place to invest money your business may need relatively soon, but not immediately. Your principal is insured and your interest rate is guaranteed, so you know up front exactly how much you’ll earn. Terms range from 14 days to 48 months. West Shore Bank offers a variety of interest payment options and can customize a CD to meet your business needs.

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