Compare Business Savings Accounts

For over a century, we have remained committed to helping local businesses along the lakeshore reach their financial goals. That’s why we offer six business savings accounts to meet your business and municipal savings goals, including retirement accounts for employees and self-employed individuals. If you want quality service with a personalized touch, compare our business savings accounts and apply for a new account online. You can also visit one of our nine locations from Hart to Traverse City.

Key Features

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Competitive Interest
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No Monthly Fees
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Free Digital Banking1

Business Statement Savings

  • Set aside for a wide range of personal needs or simply a rainy day
  • Competitive interest paid and compounded quarterly
  • Waive the quarterly fee by maintaining the minimum daily balance

Business Money Market Savings

  • Enjoy flexibility with enhanced access to funds
  • Greater earnings than regular savings
  • Waive the monthly fee by maintaining the minimum balance

Insured Municipal Savings

  • Reinvest taxpayer funds locally
  • Competitive interest paid and compounded quarterly
  • Daily liquidity

Business Certificates of Deposit (CDs)

  • Set aside for future savings goals
  • Competitive, fixed rate for length of term
  • Greater earnings than standard saving accounts
















1Standard text messaging and data plan rates may apply. Consult your mobile service provider for details on specific fees and charges that may apply.

FAQs

your needs. These include Business Statement Savings, Business Money Market Savings, Insured Municipal Savings, and Business Certificates of Deposit (CDs). Each account is designed to help you achieve your financial goals while offering competitive interest rates and flexibility.

We understand the importance of keeping costs low for your business. That's why many of our business savings accounts come with no monthly fees. You can waive any applicable fees by maintaining the required minimum balance, allowing you to focus on what truly matters—growing your business.

Accessing your business savings account online is easy with West Shore Bank's digital banking services. Once you enroll in online banking, you can manage your accounts, view transactions, and perform transfers from the comfort of your home or office. It's a convenient way to keep track of your finances!

Absolutely! Our Insured Municipal Savings account is specifically designed for local governments and municipalities. This account allows you to reinvest taxpayer funds locally while enjoying competitive interest rates and daily liquidity. It’s a great way to support the community while managing your funds effectively.

The Business Money Market Savings account offers enhanced flexibility and higher earnings compared to regular savings accounts. You can enjoy easy access to your funds while also benefiting from competitive interest rates. Plus, you can waive the monthly fee by maintaining the required minimum balance, making it an ideal choice for growing businesses.

Opening a business savings account with us is simple! You can apply online through our website or visit one of our nine convenient locations from Hart to Traverse City. Our friendly staff is here to guide you through the process and ensure you find the right account for your needs.

Each business savings account at West Shore Bank has a different minimum balance requirement to waive fees and earn interest. For example, the Business Statement Savings account allows you to waive quarterly fees by maintaining a certain daily balance. We encourage you to contact us for specific details regarding each account.

Yes, you can set up automatic transfers to your business savings account. This feature helps you save consistently without having to think about it. Speak to one of our representatives for assistance in setting this up, so you can watch your savings grow effortlessly.

Yes! West Shore Bank offers a mobile app that allows you to manage your business savings account on the go. You can check your balance, transfer funds, and view transactions right from your smartphone, making banking more convenient than ever.

At West Shore Bank, we're proud to support local businesses along the lakeshore. We offer personalized banking services, competitive rates, and community-focused initiatives to help you succeed. Our commitment to local growth ensures that we understand your unique needs and can provide tailored solutions.


Smarter Banking for Your Employees

Give employees easy access to financial expertise, banking solutions, and exclusive discounts designed to help them save and reach their financial goals.