Business Accounts
It's time to put the "Trust" back into business banking.
PacTrust Bank provides a variety of business accounts and services with the choices and value you're looking for in a bank. We have the expertise to help take your business to the next level by matching your business needs with the right business solutions.
When it comes to business banking, PacTrust Bank is the place for great account choices and exceptional value along with the personal service you're looking for.
Business Savings
The Business Savings account is the essential vehicle for your excess cash. It allows you to earn interest and make deposits and withdrawals at any time, in any amount. Please see our current Business Account Interest Rates.
Limitations on certain types of telephone and electronic transfers may apply. If you maintain the required daily minimum balance you will not be charged a monthly service charge. If your balance falls below the required minimum, a monthly service charge will be deducted from your account on the last business day of the calendar month or statement period. For fees, refer to the applicable Business Account Fee Schedule.
- $100 minimum balance to open account
- $1,000 daily minimum balance to waive the monthly maintenance fee
- Unlimited withdrawals if made in person. Otherwise, limit of 6 preauthorized withdrawals per month including by telephone, online banking transfer and /or POS/ACH to 3rd parties
- Interest accrues daily and is paid monthly
- Interest rate is variable and is subject to change at any time
Business Market Savings
The Business Market Savings is a tiered savings that provides your business with an opportunity to earn higher yields for higher balances while your funds remain fully liquid and easily accessible. Please see our current Business Account Interest Rates.
Limitations on certain types of telephone and electronic transfers may apply. If you maintain the required daily minimum balance you will not be charged a monthly service charge. If your balance falls below the required minimum, a monthly service charge will be deducted from your account on the last business day of the calendar month or statement period. For fees, refer to the applicable Business Account Fee Schedule.
- $100 minimum balance to open account
- $25,000 average daily balance to waive the monthly maintenance fee
- Unlimited withdrawals if made in person. Otherwise, limit of 6 preauthorized withdrawals per month including by telephone, online banking transfer and /or POS/ACH to 3rd parties
- Interest is accrued daily and paid monthly
- Interest rates and rate tier levels are subject to change at any time
Business Choice Money Market
The Business Choice Money Market is the ultimate in accessible savings. Earn higher yields for higher balances with tiered rates and also have limited check-writing capablities for even more flexibility. Please see our current Business Account Interest Rates.
This account will not be subject to a monthly service charge if you maintain the required minimum daily balance. Otherwise, a monthly service charge is assessed. For fees, refer to the applicable Business Account Fee Schedule.
- $100 minimum balance to open account
- $5,000 average daily balnce requirement to waive the monthly maintenance fee
- Unlimited withdrawals if made in person. Otherwise, limit of 6 preauthorized withdrawals per month including by check, telephone, online banking transfer and /or POS/ACH to 3rd parties.
- Interest accrues daily and is paid monthly
- Interest rates and rate tier levels are subject to change at any time.
Business Time Deposits (CDs)
Business Time Deposit accounts give you peace-of mind with a guaranteed rate of return that is fixed for your choice of our standard maturity terms. You can invest with as little as $1,000 with terms (maturity periods) from 30 days to 60 months. Please see our current Business Account Interest Rates.
Business Time Deposit accounts automatically renew for the same term at the interest rate in effect on the account’s maturity date. Interest rates for Business Time Deposit accounts are set by the Bank and are subject to market conditions, your account’s balance and term.
- $1,000 minimum balance to open account
- Fixed rate with terms ranging from thirty (30) days to five (5) years
- Interest is normally paid and compounded monthly. Other interest payment terms are available upon request.
- Early withdrawal penalty may apply
- Account auto-renews upon maturity at then offered interest rates. No interest is earned and no early withdrawal penalty applies on auto-renewed accounts if funds are withdrawn within 7 days of the auto-renewal date.
Negotiated Time Deposits
Your Negotiated Time Deposit account may be opened for $95,000 or more, and is available with a fixed maturity for terms of your choice from thirty days to one year. Terms greater than one year are available subject to market conditions and Bank policy.
Negotiated Time Deposit accounts must mature on a Bank business day, will not automatically renew, and will stop earning interest on their maturity date. Interest rates for these accounts are subject to market conditions, your account’s balance and term. Call us at (877) 441-BANK or visit your Pacific Trust Bank office to discuss our currently offered rates for the Negotiated Time Deposit amount and term of your choosing.
- $95,000 minimum balance to open account
- Fixed rate with depositor choice of terms ranging from thirty (30) days to one (1) year. Other terms available subject to current Bank policy.
- Interest is normally paid and compounded monthly. Other interest terms are available upon request.
- Early withdrawal penalty may apply
- Will not auto-renew. No interest earned on and after the maturity date.
The unique needs of your business are important to us, and you can count on us to provide the exceptional service you deserve. Not sure which account is right for you?
Come in to any Pacific Trust Bank office or call us at (877) 441-BANK for more information about our products and services, and to discuss you business banking needs.
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