Business banking simplified, in person or online
Northwest Bank makes it easy to do your banking in-person or online. We offer checking and deposit accounts that fit every business size and need, integrated with our collection and disbursement services.
- Comprehensive Services
- Online banking
- Northwest Bank debit cards
- ATM Deposit Only card
- eStatements
Northwest Bank also offers CDARS, DDM, IOLTA, 1031 Exchange and Deposit Trust accounts in partnership with industry professionals.
Conditions do apply on checking and deposit accounts, so please ask about the various options available.
Business Checking
Best for businesses with lower volumes of transactions, where convenience and predictable fees are important.
Interest Bearing
- No
Monthly Service Fees
- $10
Minimum Daily Ledger Balance to Avoid Service Fees
- $500
Transition Costs
- First 300 transactions are free
- Additional are $0.35 each
Business Interest Checking
Best for businesses with lower volumes of transactions, where convenience and predictable fees are important.
Interest Bearing
- Yes
Monthly Service Fees
- $8
Minimum Daily Ledger Balance to Avoid Service Fees
- $1,000
Transition Costs
- First 300 transactions are free
- Additional are $0.35 each
Business Analysis Checking
Best for business with a larger volume of monthly transactions, and higher daily balances that can offset fees.
Interest Bearing
- No
Monthly Service Fees
- $14
Minimum Daily Ledger Balance to Avoid Service Fees
- $0
Transition Costs
- Activity charges apply for: deposits & credits ($.30 each), deposited or purchased ($.10 per roll)
- Earnings credit received on net collected balances and used to offset account activity charges and other services
Money Market
Best for investment security, with a solid yield and more flexibility.
Monthly Service Fees
- $10
Minimum Daily Ledger Balance to Avoid Service Fees
- $1,000
Terms and Conditions
- Rates are subject to change without notice
- FDIC insured to the maximum allowed by law
- Six pre-authorized withdrawals per statement cycle
Money Market Plus
Best for investment security, with a solid yield and more flexibility.
Monthly Service Fees
- $15
Minimum Daily Ledger Balance to Avoid Service Fees
- $5,000
Terms and Conditions
- Rates are subject to change without notice
- FDIC insured to the maximum allowed by law
- Six pre-authorized withdrawals per statement cycle
Certificate of Deposit
Best for better returns and security on long-term savings.
Monthly Service Fees
- N/A
Minimum Opening Balance
- $100
Terms and Conditions
- Terms range from 90 days to 60 months
- Penalties apply for early withdrawal
- FDIC insured to the maximum allowed by law
Jumbo Certificate of Deposit
Best for better returns and security on long-term savings.
Monthly Service Fees
- N/A
Minimum Opening Balance
- $100,000
Terms and Conditions
- Terms range from 90 days to 60 months
- Penalties apply for early withdrawal
- FDIC insured to the maximum allowed by law
IntraFi® Network DepositsSM (formerly CDARS)
Northwest Bank participates with IntraFi® Network DepositsSM, formerly known as CDARS, which can provide a solution for full FDIC coverage on CD balances. Best for high balance, higher return, long-term reserve funds
Minimum Opening Deposit
- $10,000
Monthly Service Fees
- N/A
Terms and Conditions
- Rates are subject to change, expanded FDIC Insurance coverage, terms range from 4 weeks to 5 years
Demand Deposit MarketplaceSM (DDM)
Enables consolidation of large cash balances into a single interest-bearing account with daily access to liquidity while maintaining expanded FDIC insured coverage. Best for high balance, competitive return, reserve funds.
Monthly Service Fee
- $95
Minimum Daily Ledger Balance to Avoid Service Fees
- $250,000+
Terms and Conditions
- Rates are subject to change, expanded FDIC Insurance coverage, unlimited transactions