Small Business Checking & Savings Accounts

Business Checking¹

Choose this basic checking account if your business has low-to-moderate quantities of monthly transactions. You’ll benefit from a spectrum of helpful tools to support your day-to-day cash management. 

Features & Benefits:² 

• 200 items allowed during the statement cycle — includes debits, credits and deposited items³
• Monthly service charge of $16 can be waived with a minimum daily balance of $2,500
• Online banking⁵, bill pay and eStatements available
• Optional additional account services such as overdraft protection⁴, online and mobile banking and more
• Get started with a $100 opening deposit
   

Business Interest Checking¹

Our Business Interest checking account is right for you if you’d like all the benefits and features of Business Checking along with the option to earn interest on your balance.  

Features & Benefits:

• 200 items allowed during the statement cycle — includes debits, credits and deposited items³
• Monthly service fee can be waived by maintaining a minimum daily balance of $5,000; also waived for 501(c)(3) organizations
• Online banking, bill pay and eStatements available 
• Optional additional account services such as overdraft protection⁴, online and mobile banking, and more
• Get started with a $100 opening deposit

Business Advantage Checking¹

Choose Business Advantage checking if your business transacts up to 500 items per month and requires more sophisticated services. This bundled solution provides a primary account and up to three additional linked Business Advantage accounts.

Features & Benefits:

• 500 items per statement cycle — includes debits, credits and deposited items
• Customized solutions for accounts payables and receivables
• Monthly service fee waived when average collected monthly balance between all accounts meets or exceeds $50,000
• No fee for first $10,000 monthly cash deposited; Additional fees may apply for cash deposited in excess of $10,000
• Online banking⁵ with bill pay and eStatements are available
• Get started with a $100 opening deposit

Additional services may be added to accommodate business needs:

• Remote deposit⁶ is included in the monthly fee for one primary account. Up to three additional linked accounts can be added for an additional fee, per account
• Online Wire Origination Module⁷ at no monthly fee, included for up to four linked accounts
• ACH Pre-Fund⁸ (credit only)
• Fraud prevention solutions are available for additional fees
  • ACH Debit Block
  • Reserve Positive Pay⁹
  • ACH Positive Pay

Analyzed Business Checking¹

For more complex businesses or those with higher levels of activity, Analyzed Business Checking helps you monitor the services you receive from us  so that you can reduce or eliminate monthly fees and make the most of your cash balance. 

Features & Benefits:

• Integrated Treasury Management Services without transaction volume limitations
• Provides consolidated reporting of balances and activity
• Optimal monitoring of transactions and cash flow to evaluate the cost of effectiveness of transaction activities
• Competitive earnings credits may offset many fees to reduce or eliminate service charges
• Get started with a $100 opening deposit
• Optional account services include overdraft protection, online and mobile banking and more

Specialty Checking Accounts¹

For specialized businesses and organizations, Western Alliance Bank offers a carefully chosen suite of tailored checking accounts. 

Nonprofit Accounts. Checking services for not-for-profit 501(c)(3) organizations help manage cash flow and adapt to changing economic conditions.

Political Campaign Accounts. We’ll help you set up a campaign account that complies with legal requirements and safeguards your funds so you can focus on your cause.

Interest on Lawyers Trust Account (IOLTA). This account for attorneys generates interest, which is pooled to provide funds for pro bono legal assistance for low- to moderate-income individuals and families. Learn more about our specialized banking for attorneys and law firms.

• All interest sent to your state Bar Foundation, which handles distribution to pro-bono legal assistance programs
• No monthly maintenance or service fee; no penalties
• Not a tiered-rate account
• Interest earned in this account is subject to rules governing attorney trust accounts in the state whose laws govern this account
• Requires an opening deposit of $100

Business Savings¹⁰

Put your money to work for your business. Our standard Business Savings account makes it easier to save and easier to benefit from those savings.

Features & Benefits:

• Competitive interest rates
• Up to 25 deposits monthly 
• $1,000 minimum opening balance required
• Monthly service fee of $10 waived with a minimum daily balance of $1,000

Business Money Market Account¹⁰

With our Business Money Market account, your money works as hard for your business as you do. You’ll enjoy earned interest, access to online banking with check-writing capabilities and more. 

Features & Benefits:

• Competitive interest rates
• Tiered interest account
• Up to 25 items deposited per month; fee for items deposited in excess of 25
• Requires $1,000 opening deposit
• Withdrawal transaction limitations apply

Business Certificates of Deposit (CDs) 

Business Certificates of Deposit (CDs) are time deposits that earn a competitive interest rate, with maturities ranging from 30 days to 60 months. Rates are based on the amount and time invested, often with higher rates for longer terms. 

Features & Benefits:

• Interest paid on all balances
• May renew for the same period if funds are not withdrawn at maturity
• Required minimum $1,000 opening deposit 
• Early withdrawals may incur penalty¹¹