A Basic Savings Plan for Your Business
Low Minimum to Open
Open an account with just a $500 deposit to start saving for your business. Smart savings habits now lead to big opportunities ahead.
More Growth with Compound Interest
Interest is compounded every quarter, so your money works even harder for you.
Free Online and Mobile Banking
We make it simple to manage your money with free online and mobile banking. Access your statements anytime in Business Online Banking, with paper statements also available free of charge.
Be Ready for What’s Ahead
In West Texas, we take pride in seeing things through, even when it’s tough. Your business savings account will help you stay the course.
More Flexibility
Business Savings That Meets You Where You Are
With a low minimum balance to open, our Business Savings Account is a smart fit for any business. As you grow your savings, you’ll see more perks with no monthly fees when your balance is over $25,000.2
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We’re Here to Help You Grow
West Texas National Bank takes pride in helping local businesses thrive. We’re committed to your growth and here to help you make the right decisions for your business.
Meet Our Team1 We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Your interest rate and annual percentage yield may change. At our discretion, we may change the interest rate on your account. We may change the interest rate on your account daily. Interest will be compounded and credited to your account quarterly. If you close your account before interest is credited, you will not receive the accrued interest. Accrual of interest on noncash deposits: Interest begins to accrue on the business day you deposit noncash items (for example, checks).
2$7.50 monthly fee for balances under $25,000. You must maintain a minimum balance of $2,500 in the account each day to obtain the disclosed annual percentage yield.
3A debit item fee of $3.00 will be charged for each debit transaction (withdrawal, check paid, automatic transfer or payment out of this account) in excess of six during a calendar quarter. Transfers from a savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check, draft, debit card, or similar order to third parties are limited to six per month. With our savings and money market accounts, an excessive transaction fee of $3.00 is applied for each withdrawal beyond the six allowed per calendar quarter. This charge is added to your periodic service fee, which may vary depending on your total number of transactions. If you exceed these limits, your account may be transferred to a non-interest-bearing checking account.