Business Accounts


Our team will work with you to facilitate your business banking matters with ease and efficiency. We offer a comprehensive list of products that are designed to be business solutions - sound, flexible and responsive. As a locally managed bank, we make decisions on-site. Unlike large corporate banks, we have the agility to custom tailor these products for your business.

Business Banking
Deposit Accounts and other Funding Products
Business Interest Checking Account
Interest-earning checking account offering unlimited check writing, deposits and withdrawals. Account access via the bank, ATM, Internet, mail or telephone. The account is designed for entities in which the bank can legally pay interest on checking accounts. The account may not fit if the business has high activity, high balances or advanced cash management needs.
Business Checking Account
Noninterest-earning checking account offering unlimited checkwriting, deposits and withdrawals. Account access via the bank, ATM, Internet, mail or telephone. The account is designed for Corporations or LLC’s with light activity. The account may not fit if the business has high activity, high balances or advanced Cash Management needs.
Business Corporate Checking Account
Regular business account with full analysis for activity during the monthly cycle and provides earnings credit to offset monthly and activity fees. Access via the bank, ATM, Internet, mail or telephone.
Business Money Market Account
Customer can earn competitive market interest rates while having limited check writing ability.
Business Savings Account
A variable rate, liquid savings account offering a competitive market rate of interest with no check writing privileges.
Business Time Deposit Accounts
Account offering a wide range of terms and interest payment methods at fixed rates. Customer is able to choose a time frame that fits a savings need while locking in the current interest rate. Offering a guaranteed interest rate with more security than an investment account.
Organizational Checking Account
Organizational checking account with no monthly charge for not-for-profit agencies and or community groups. Access via the bank, ATM, Internet, mail or telephone. 501 Form needed for verification.
IOLTA Accounts
The IOLTA account stands for Interest on Lawyers’ Trust Account. The funds represent dollars that have not yet been paid out of plaintiff winnings which must be kept separate from the law firm’s or lawyer’s general account. Interest on these funds must be remitted quarterly or sooner to the Oregon Law Foundation. The interest funds are then used to assist those in need of legal assistance. Similar to a NOW account with interest paid but lacking any related fees attributable to the account other than direct expenses such as wire fees.

Member FDIC © 2014  The Bank of Oswego Equal Housing Lender