Accounts

With an assortment of checking, savings, and money market accounts, Washington Trust can help you find the options to fit your business needs.

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Checking Accounts

Checking and savings accounts form the foundation of business fiscal operations. Our accounts are designed to maximize your cash flow management.

Smart Business Checking

Leverage your banking relationship with Smart Business Checking!

This non-interest earning business checking account is best suited for small to medium size business customers with moderate monthly transaction volumes.

Benefits

  • $8 monthly service charge will be waived (or a related account credit to service charge will be credited to the account) if you maintain a $1,000 average ledger relationship balance in a checking, savings, money market, certificate of deposit, or if you have an active loan. Relationship balance eligible accounts must have the same primary ownership within the same business customer relationship.
  • Easily keep track of finances with WTB Online or WTB Mobile.
  • Free WTB Business Debit Card or WTB Business Debit Rewards Card. (ScoreCard Rewards available with WTB Business Debit Rewards Card only. Earn 1 point for every $2.00 spent.)

Additional product information and details for Smart Business Checking


Performance Business Checking

Best suited to sole proprietors, government agencies, and qualifying non-profits with limited transaction activity, Performance Business Checking earns interest on tiered rates. Interest is paid on all collected balances and compounds monthly, letting your funds work harder for you.

Benefits

  • $12 monthly service charge is waived if the $5,000 average ledger balance requirement is met.
  • Earns interest
  • Easily keep track of finances with WTB Online or WTB Mobile.
  • Prevent overdrafts by using funds transfers from a related savings, money market, checking, credit line, or credit card.
  • Free WTB Business Debit Card or WTB Business Debit Rewards Card. (ScoreCard Rewards available with WTB Business Debit Rewards Card only. Earn 1 point for every $2.00 spent.)

Additional product information and details for Performance Business Checking



WTB Edge Checking

The WTB Edge package combine your business and personal checking account balances to give you great benefits including the ability to setup ACH Payroll and send your deposits using Remote Deposit Capture.

Benefits

  • Easily keep track of finances with WTB Online or WTB Mobile.
  • Complementary WTB Small Business Debit Card
  • The related accounts used to meet the combined average balance for WTB Edge are eligible for a waiver of the monthly base fee in service charge (Up to 5 non-interest bearing accounts)
  • ACH Credit processing for payroll and vendor accounts
  • WTB Online (up to 5 accounts)
  • Two virtual security tokens
  • Access to loan reporting and loan payments
  • ACH Positive Pay and Reverse Positive Pay
  • Remote Deposit Capture with a free ChecXpress scanner. Single feed, drop scanner included1
  • Images with no statement at no additional charge.

Additional product information and details for WTB Edge Checking

Service cancellation within the first 2 years will result in an early cancellation fee of $250.


Analyzed Accounts

Business Analyzed Checking

This account is for businesses with special servicing requirements, higher-than-average volumes and collected balances exceeding $30,000. You can reduce or eliminate monthly service fees with an earnings credit analyzed on a monthly basis.

Additional product information and details for Analyzed Checking


Small Business Analyzed Checking

Small business customers with commercial services needs who want the flexibility to choose value added cash management services specific to their business needs.

Additional product information and details for Small Business Analyzed Checking


Savings and Money Market Accounts

Growing businesses need to maintain a reasonable level of liquidity to help manage unexpected expenses and growth opportunities. Washington Trust Bank combines flexibility, accessibility and security into its savings programs.

Business Savings

A convenient account that fits a variety of business savings needs.

Additional product information and details for Business Savings



Commercial Money Market

An easily accessed high-yield deposit account that allows you to get more from your business accounts. As your balance grows, so does the interest rate.

Additional product information and details for Commercial Money Market



Premium Commercial Market Fund

An account with a high performance combination of yield and accessibility. Our expansive tiered interest rate structure allows your business to earn more as your balance grows.

Additional product information and details for Premium Commercial Market Fund



Analyzed Commercial Market Fund

An easily accessed high-yielding deposit account, combined into the corporate analysis for added value on balances.

Additional product information and details for Analyzed Commercial Market Fund



Cash Management Money Market

An account with a high performance combination of yield and accessibility. This account requires a $500,000 minimum to open.

Additional product information and details for Cash Management Money Market



Sweep Cash Accounts

Our sweep services allow you to meet cash disbursement and cash management obligations without the need for day-to-day account management. Built to help you concentrate funds, maximize earnings on excess checking account balances, and minimize overdraft and borrowing fees, our sweep account services offer competitive rates and a range of options.


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