Call on the banking professionals at WCNB to provide solutions to your business banking.
 

Commercial Checking/Small Business Checking
WCNB understands the uniqueness of each business and offers accounts for Sole Proprietors, Partnerships, Corporations, Limited Liability Companies, Municipalities, Trusts, U.S. Government and Non-profit Organizations. You have the choice of receiving your checks and deposit ticket images with your statement.

Commercial Checking Account – This is your business's core service from Wood County National Bank. Charges are based on per item fees for checks, deposits, items deposited, and electronic debits and credits. Collected balances receive an earnings credit, which can be used to offset part or all of the fees.

Combined Statements – Provides information from multiple accounts on one combined statement. This statement provides a summary of account balances on all of your accounts. Detailed information follows and can include deposit and loan accounts.

Savings and Certificates of Deposits

Open a savings account with as little as $100. Earn interest on your daily balance; interest posted quarterly. Unlimited transactions can be performed in person or by mail.

A Certificate of Deposit carries a higher rate of interest than a savings account, and you can plan your CD to mature at or near the time you need the money. Invest in any term available from 30 days to 4 years or any date in between. The interest rate is guaranteed through the term of the investment. A $500 minimum deposit is required for investment of one year or longer. A flexible interest payment plan includes adding into your CD balance, transferring to another WCNB deposit account, or receiving a check. There is a substantial penalty for early withdrawal. FDIC insured. 

Bank Investment Services
Repurchase Agreements are any investments over $10,000 secured by Treasury Securities. Repurchase Agreements are money market investments which allow you to purchase part of the bank's investment portfolio for the purpose of short-term investing. They have greater flexibility than Certificates of Deposit because Repurchase Agreements have no early withdrawal penalty. Maturities are available up to 89 days at which time principal and interest are paid. A minimum deposit of $10,000 is required.

Treasury Securities are issued by the U.S. Government in denominations of $10,000 to $1,000,000. Treasury bills are available in maturities up to one year while Treasury notes are available in maturities for 2, 3, 4, and 5 years. Treasuries are exempt from state and local taxes, but not federal.

Cash Management Services
ACH Origination, Commercial Lockbox services, Commercial Investment Accounts, and other services to assist you in managing your business’s cash flow are available at Wood County National Bank.