Washington Financial Bank has 10 branches, three loan offices, and nearly 700 surcharge-free Freedom Alliance ATMs in Pennsylvania. Its small business offerings include business savings and checking accounts, loans, Automated Clearing House (ACH) origination, merchant services, and wealth management. It is rated A+ by the Better Business Bureau.
Washington Financial Bank Business Checking Rates & Fees
|Monthly Fee||$12 per month if the balance requirement is not met|
|Minimum Balance Requirement||A minimum daily balance of $5,000|
|Transaction Fee||Free for the first 25 deposits and 150 checks written per month; 75 cents per deposit and 15 cents per check thereafter|
|Wire Transfer Fee||Incoming (domestic): $15|
Incoming (international): $20
Outgoing (domestic): $25
Outgoing (international): $35
|Cash Deposit Fee||$1 per $1,000 currency furnished|
|Overdraft Fee||$35 each|
$6 daily overdraft fee (per day after five consecutive business days that the account balance is negative)
|ATM Fee||No fee when you use network ATMs|
Washington Financial Bank Network
Washington Financial Bank has 10 branches and three loan offices in Pennsylvania. It also offers nearly 700 surcharge-free ATMs through the Freedom ATM Alliance network. You can use its branch locator to check which locations are closest to you.
Washington Financial Bank Additional Business Banking Services
Washington Financial Bank also offers the following business services: business savings and money market accounts, lines of credit, business term loans, commercial real estate financing, and wealth management. Currently, it does not offer Small Business Administration loans or business credit cards. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Commercial Real Estate Loans||✓|
|Business Credit Cards||x|
Best Business Checking Account for Small Businesses
Want to know what bank we named the best business checking account for small businesses? Read our business checking account buyer’s guide for our comparison of the top options.