Mt. Washington Bank offers business customers a range of value added commercial financial services often available only at larger banks.

These services can help you manage your cash flow, grow your business and improve profits.

Account Analysis

Provides a monthly checking account analysis statement of your checking account with detail cost of services provided by Mt. Washington Bank during the month. This type of checking account also earns credits on the available collected balances and these credits are used to offset the costs of the services for the month. The monthly analysis statement shows the calculation for the credits earned and any service charges assessed on the account if there were insufficient credits earned for that month.

Cash Sweep Account

Allows an automatic investment solution, provided by Reserve Management Corporation, that allows you to earn a competitive yield on your excess business checking account balances.

Zero Balance Accounts

Provides automatic transfer of balances between a main checking account and subsidiary checking accounts to meet your cash management needs. At the end of business day, all checks drawn on the subsidiary checking accounts are paid from the balances concentrated in the main checking account and therefore leave a zero balance in the subsidiary accounts. At the end of each month you receive a monthly statement on each checking account with the activity posted but the subsidiary accounts will always have a zero balance while all the cash is concentrated in the main checking account for greater cash management efficiency.

Merchant Credit Card Deposits

Gives our business customers the ability to accept credit card payments from their customers for purchases and deposit the credit card receipts at Mt. Washington Bank.

Miscellaneous Products

Business MasterCard Debit Card, Treasury Tax and Loan Payments, Statement and Image delivery on CDRom.

Morning Fax

Available to all business checking customers, we fax you a daily statement of the previous days’ activity, saving you the time it takes to call or visit the Bank for that information.

Night Deposit

Most Mt. Washington Bank branches offer night deposit facilities. This is a safe and convenient method of processing your daily receipts.

Payroll Accounts

Complete payroll services are provided through a special arrangement with a quality payroll provider. We can set up a special payroll account for your business.

Telephone Banking

Commercial access - all the time. There’s no need to worry about banking hours with Mt. Washington Bank’s FREE 24/7 Telebanking Line.