We offer easy ways to preserve, access and grow your savings. Our Commercial Savings products give you the options you need as your business grows.
Short and Long Term Investment Solutions:
Jumbo CDs offer flexible, competitively priced investments through tiered interest rates. Terms range from seven days to five years with a minimum deposit of $100,000 but not exceeding $5,000,000. Jumbo CDs are a good choice for businesses looking for long and short term investments.
By providing access to up to $50 million in FDIC insurance through a single bank, CDARS (Certificate of Deposit Account Registry Service) can help simplify and improve the financial performance of your business. With access to full FDIC insurance, you can say "goodbye" to surety bonds and collateralization requirements.
One Bank: Investors can access multi-million FDIC insurance coverage by working with just one bank.
One Rate: Investors negotiate one rate for each CD maturity and enjoy the option of reinvesting them through a simple process.
One Statement: Investors receive one easy-to-read statement summarizing all holdings.
These benefits can reduce your administration burdens and provide you with more time to focus on profit-generating activities. West Bank offers this type of CD with terms of 13 weeks, 26 weeks, and one year and a minimum deposit of $10,000.