From basic savings to retirement
plans, Pacific Western Bank’s savings and investment plans put
your company’s money to work for you.
Savings
Money Market
Premier Money Market
Interest Checking – Attorney Client
Trust
Interest Checking and Premiere Interest
Checking (Sole proprietors and nonprofit organizations
only)
Certificates of Deposit
Simplified Pension Plan
Defined Contribution Plan
BUSINESS
SAVINGS
Minimum
Opening Deposit
$100.00
Monthly
Fee
Minimum Daily Balance of
$300, No monthly charge. Otherwise, $7.00 per month.
Withdrawal per item over three per month, $3.00
Transfers per item over six per month $15
Overdraft Transfer-$15.00
Rate
Info
Interest
rates and Annual percentage yields are subject to daily change.
Method
of Computation & Payment of Interest
Daily balance method is
used to calculate the interest on your account and interest
is paid on the statement cycle date. Accounts closed during
a statement cycle shall earn no interest for that period.
Limitations
Limit
of 6 ACH, automatic or telephone transfers per month, then $15.00
per transfer.
MONEY
MARKET-BUSINESS
Minimum
Opening Deposit
$1,000.00
Monthly
Fee
Average Monthly Balance
of $6,250 or Minimum Daily Balance of $2,500, no monthly charge,
Otherwise $10 Per Month.
Excessive withdrawals, over stated limit in cycle, $15.00 per
withdrawal.
Rate
Info
Interest
rates and Annual percentage yields are subject to daily change.
Method
of Computation & Payment of Interest
Daily balance method is
used to calculate the interest on your account and interest
is paid on the statement cycle date. Accounts closed during
a statement cycle shall earn no interest for that period.
Limitations
Not
more than 6 preauthorized, automatic or telephone transfers
may be made during a statement cycle. Up to 3 withdrawals by
check or draft may be substituted for up to 3 transfers. Otherwise,
$15.00 per item.
PREMIER
MONEY MARKET-BUSINESS
Minimum
Opening Deposit
$25,000.00
Monthly
Fee
Average Monthly Balance
of $37,500 or Minimum Daily Balance of $15,000, no monthly charge,
Otherwise $15 Per Month.
Excessive withdrawals, over stated limit in cycle, $15.00 per
withdrawal.
Rate
Info
Interest
rates and Annual percentage yields are subject to daily change.
Method
of Computation & Payment of Interest
Daily balance method is
used to calculate the interest on your account and interest
is paid on the statement cycle date. Accounts closed during
a statement cycle shall earn no interest for that period.
Limitations
Not
more than 6 preauthorized, automatic or telephone transfers
may be made during a statement cycle. Up to 3 withdrawals by
check or draft may be substituted for up to 3 transfers. Otherwise,
$15.00 per item.
