WesBanco has a variety of savings accounts to help you reach your goals
Consistent, systematic saving is an excellent means for getting the things you want – as well as being prepared for life’s little emergencies. Whether you are saving money for personal enjoyment, a family vacation, or a nest egg for retirement, WesBanco has a savings account option to fit your needs and budget.
An easy way to start saving.
$50 Initial Deposit Required ($10 if the account owner is a minor)
Waivable minimum balance requirement and monthly maintenance fee1
Interest is compounded monthly
Pair ANY WesBanco Checking account with our Companion Savings account through a combined statement and your minimum balance requirement and monthly maintenance fee will be waived.
This savings option is available to any WesBanco Checking customer when you set up a combined eStatement or paper statement without images. Your savings account must remain linked to your checking account at all times in order to waive the minimum balance requirement and fee, and the account ownership must be identical to your checking account. Learn more about the features and benefits of this savings account option:
Easily transfer funds from your checking to your Companion Savings through online banking to increase your balance and meet future goals.
Can be used for overdraft protection2 to transfer funds for insufficient balances in your WesBanco checking accounts or money market accounts (MMAs)
Interest is compounded and credited monthly6
Interest is earned on the entire collected balance of the savings account. Earn more by pairing it with an Interest Checking account.
Ability to make up to six pre-authorized transfers and withdrawals from the Companion Savings account per month, including automatic or telephonic transfers, electronic transactions, checks written or drafts, any of which may be made payable to third parties.3 (The paired checking account does not have withdrawal restrictions.)
Access to funds via ATM when linked to an existing WesBanco Debit Card
Enroll in WesBanco's Free Electronic Services -- Available on all Savings Account Options
View your WesBanco savings activity and conduct your banking online through our free Online Banking, Mobile Banking* and Bill Pay services. Electronic services are available on every type of WesBanco savings account.
*Depending on your cell phone rate plan, messaging and internet browsing charges may be incurred. Please check with your service provider before accessing any internet sites using your mobile device.
Ready access to funds and a low balance requirement.
$50 initial deposit required
$300 minimum balance requirement (Waived for minors)
$9 quarterly maintenance fee (Waived when $300 daily balance is maintained)
Interest is compounded quarterly6
WesBanco’s Statement Savings account is great for the individual who wants a simple savings account with a low minimum balance requirement and easy access to funds. Also available to minors and businesses, our Statement Savings account compounds and pays interest quarterly, and interest is earned on your entire collected balance. A $9 quarterly maintenance fee will apply if the daily balance in the account falls below $300.4 The maintenance fee and minimum balance requirement are waived for minors.
A Statement Savings account is a great option to save for emergencies, upcoming travel, holiday gifts and more, as it provides easy access to funds with compounding interest. Keep your balance above $300 to enjoy the benefits without any maintenance fees. With a Statement Savings account you enjoy:
The ability to make up to six pre-authorized transfers and withdrawals per month, including automatic or telephonic transfers, electronic transactions, checks written or drafts, any of which may be made payable to third parties.3 In-person withdrawals are unlimited.
Access to funds via ATM when linked to an existing WesBanco Debit Card
Added withdrawal security when you set your Statement Savings account up as overdraft protection2 for insufficient balances in your WesBanco checking accounts or money market accounts (MMAs)
The option to choose eStatement or paper statement without images; and
Choose a combined statement for the added convenience of viewing all of your accounts at once on one statement when account ownership is the same
Premium Savings Account
Tiered savings to help you earn more as you save more.
$2,500 initial deposit required
$10 monthly maintenance fee (Waived when $10,000 minimum daily balance is maintained)
Available to individuals only
Interest is compounded monthly6
With WesBanco’s Premium Savings account, the more you save the more interest you’ll earn. Available for individuals only, this savings account option requires an initial deposit of at least $2,500. This is also the amount required to earn interest. A minimum daily balance of $10,000 must be maintained to avoid a monthly maintenance fee.5 Interest is calculated on the daily collected balance according to the charted balance tiers.
$100,000 and greater
$50,000 – $99,999.99
$25,000 – $49,999.99
$10,000 – $24,999.99
$2,500 – $9,999.99
$0 – $2,499.99 No Interest Earned
With Premium Savings:
Interest is compounded and credited monthly.
You may choose an eStatement or paper statement with images. You may also choose a combined account statement in either format for the added convenience of viewing all of your accounts in one place, when account ownership is the same.
You can make up to six pre-authorized transfers and withdrawals per month, including automatic or telephonic transfers, electronic transactions, checks written or drafts, any of which may be made payable to third parties.3
You are able to link this account to an existing WesBanco Debit Card for ATM access.
For customers who want to build savings and earn higher rates for their larger balances, WesBanco offers additional savings plans to help you reach your financial goals. Money Market accounts reward customers for saving larger sums and provide check writing access for customer convenience.
1 If the checking account linked to your Companion Savings account is closed, the Companion Savings account will be changed to a Statement Savings account and will be subject to the rules and minimum balance requirements of that account.
2 A separate authorization must be completed for overdraft protection.
3 Federal regulation limits this account to six withdrawals or transfers per statement cycle; in-person withdrawals are unlimited. An $11 excessive transaction fee may be assessed on any electronic or telephone transfers, or on checks, automatic or pre-authorized transfer to a third party, exceeding six per statement cycle. Exceeding withdrawal limitations may result in fees, account closure, change of account type, termination of transfer capability, or other remedial action.
4 If the minimum daily balance requirement of $300 per statement quarter is not maintained in the Statement Savings account, a $9 maintenance fee will be imposed for the quarter.
5 If the minimum daily balance requirement of $10,000 is not maintained in the Premium Savings account, a $10 monthly maintenance fee will be imposed.
6 Please see a personal banker for current rate information and to obtain a copy of our Truth in Savings Disclosure. A fee will be accessed if closed within 90 days of account opening.