What You Need to Know 

Deposit a total of $2,500 or more in new money into your new Walden Savings Bank business checking account. The new money cannot be existing deposits at Walden Savings Bank. Your new account bonus amount will be determined in the following manner at 30 days from the date of account opening: $ 250: New Money of $2,500 to $24,999, $500: New Money of $25,000 or more. Additionally, businesses must be enrolled with online/ mobile banking and conduct a minimum of five (5) debit card transactions within 30 days after account opening to qualify. New accounts must be opened prior to December 31, 2023. An average monthly balance of $2,500 must be maintained to avoid a $5 monthly maintenance fee. There is no monthly maintenance fee for not for profit organizations. All business customers have the option to receive their monthly statements and check images electronically at no cost. Those wishing to receive their monthly statements and check images in paper format will incur a $2.50 monthly fee for this service. The cost for duplicate specialty checks will be waived or may be used to reduce the cost of an upgraded order at the time of account opening. Annual rental fee for a 3x5 safe deposit box will be waived or applied to the rental of a larger safe deposit box for the first year. Safe deposit box rentals and in branch display of your business will be subject to availability. The monthly business bill pay fee of $9.95 is waived when this service is used to process a minimum of one payment per month. This offer may change or be withdrawn at any time and may not be combined with any other offer. New account bonus is subject to IRS reporting and subject to repayment should your account be closed within 180 days