Wesbanco Contact Us   |   Business Banking   |    Online Banking
Home Page Banking Brokerage Trust & Investment Services Insurance Services Lending Services
Business Products -> Business Savings

Business Savings Programs

WesBanco Bank, Inc. is a Member FDIC

Business Statement Savings 
Line
Statement Savings accounts permit the customer to record transactions in a savings register, which is provided by the bank.

  • An initial deposit of $50 is required to open the account;
  • Statements are mailed quarterly or portfolio statements are mailed monthly;
  • Interest is accrued daily;
  • A $9 per quarter or $3 per month fee is assessed if the daily balance falls below $300;
  • Limited transactions to six pre-authorized per month.

Business Prime Rate Money Market Account
Line

For businesses, the WesBanco Prime Rate Money Market Account permits limited check writing and is interest bearing at a market index.

  • An initial deposit of $10,000 is required to open an account;
  • The interest rate paid is based on balance:
Rate Tiers: 
$0 - $9,999.99
$10,000 -$24,999.99
$25,000.00 - $49,999.99
$50,0000.00 - $99,999.99
$100,000.00 or more
  • The interest rate for balances of $100,000 and over will change whenever the WesBanco Prime Rate changes, the interest rate for balances below $100,000 are variable rates;
  • Six pre-authorized transfers or withdrawals per month are permitted, three of which may be checks payable to third parties. If the transaction limit is exceeded, there is a $15 per excess item fee assessed to the account. Subsequent violations may result in changing the account to a non-interest bearing checking account or an interest bearing checking account, if account holder is eligible to hold an interest bearing checking account;
  • Statements are mailed on a monthly basis;
  • Interest is paid monthly and will appear on monthly statement;
  • Available to all business entities including LLC's and sole proprietors;
  • Monthly Maintenance Fee of $10 if the daily balance falls below $10,000;
Your Privacy   Copyright © 2005 WesBanco, Inc. (800) 328-3369