Business Savings

Savings

The Business Savings is an interest bearing account designed to accommodate for unforeseen emergencies and business expenses. With only a $50 minimum opening account deposit and a $300 minimum daily balance you will avoid a $3 monthly maintenance fee. You may make no more than (6) transfers from your account each (4) week or similar period, if by pre-authorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, or similar order, made by the depositor and payable to 3rd parties. Transfers and withdrawals made in person, by messenger or by mail are unlimited. An excessive withdrawal fee of $1 is charged for each item over regulator limit.

Additional benefits include:

  • Online Banking
  • Online Statements
  • Mobile Banking
  • Mobile Check Deposit


Money Market

Our Business Money Market account provides flexibility to access your money while earning a higher interest yield. With a $2,500 minimum opening deposit and a $2,500 minimum daily balance you will avoid a $9 monthly maintenance fee. Tiered interest is earned on the daily balance and credited monthly. You may make no more that (6) transfers from your account each (4) week or similar period, if by by pre-authorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, or similar order, made by the depositor and payable to 3rd parties. Transfers and withdrawals made in person, by messenger or by mail are unlimited. As excessive withdrawal fee of $5 is charged for each item over regulatory limit.

Additional benefits include:

  • Online Banking & Bill Pay
  • Online Statements
  • Mobile Banking
  • Mobile Check Deposit


Certificates of Deposit

Great way to save for future needs by choosing the term that best meets your specific goals.

  • $1,000 minimum investment required
  • One month to five year maturities available
  • Interest compounded monthly
  • Competitive interest rates
  • FDIC insured - Click here to learn more.

Early time deposit contract termination penalties apply to Certificates of Deposit. The Bank reserves the right to enforce the full term of any Certificate of Deposit. If early contract termination is agreed to by the Bank, the penalties would be applied as disclosed within the pertinent documents at date of issue.


Certificates of Deposit - CDARS®

Are you concerned about your deposits being fully insured? CDARS is the most convenient way to enjoy full FDIC insurance on deposits up to $50 million through one single banking relationship. Paper statements with images are available upon request at no additional cost. Click here to learn more.


*Wauchula State Bank has partnered with STARsf Network, the world’s largest surcharge-free ATM network to allow our customers access to a surcharge-free network of over 50,000 ATMs throughout the world including over 43,000 in the United States and over 3,000 in Florida. Some of the major retailers who will now accept your Wauchula State Bank Visa Debit Card include participating: CVS, Walgreens, Target, Winn Dixie, Kangaroo, Hess, Costco, Walmart and more. If you choose to use your debit card outside of the more than 50,000 ATMs in the STARsf/Allpoint, or Publix Presto! Networks, you will be charged $1.00 for each out-of-network transaction.