Walden Savings Bank Business Checking up to $1000 Bonus

Walden Savings Bank logo

Walden Savings Bank : Business Checking

up to $1000

3.7

BankBonus.com score

Availability

Ease

Amount

Fees

Expert Take

If you have a business in the Hudson Valley area, it is worth a look – a little more complicated than some, but the payoff is worth it!

Offer Expires In

How To Earn The Bonus

  1. Open a Walden Savings Bank (WSB) business checking account
  2. Within 90 days, deposit new money as follows: $2,500 to $9,999, earn $250; $10,000 to $99,999, earn $500; $100,000+, earn $1,000.
  3. Within the same 90 days, make at least 5 qualifying transactions (ACH credits, wire transfers, Bill Pay, and debit card purchases)

Available in Your Area?

No

Monthly Fees?

Yes

Open Online?

No

Credit Pull?

Unknown

Walden Savings Bank logo

Apply Now

at Walden Savings Bank

Available in New York, but only in-branch, Walden Savings Bank is offering up to $1,000 for new business checking account customers. The bonus is tiered based on new money deposit levels and has a qualifying transaction component as well.

Walden Savings Bank is a longtime Hudson Valley community bank with an FDIC-insured deposit base. As a business bonus, the requirements and tiers are more complex than a standard personal checking offer.

How To Earn The Bonus

The Walden Savings Bank Business Checking promotion requires you to deposit and maintain a minimum balance, and optionally, make purchases using the account's card and set up bill pay in order to earn the up to $1000 bonus (step-by-step breakdown is listed above!).

As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.

The fine print

  • New account bonus is subject to IRS reporting and subject to repayment should your account be closed within 180 days.

How does this business checking offer from Walden Savings Bank compare?

To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:

U.S. Bank

Business Checking

Bonus
up to $1200
Account Type
Business Checking
Expires In
11 days
Requires
  • Min Balance
  • Bill Pay (optional)
  • Card Spend (optional)

Chase

Chase Business Complete Checking®

Bonus
up to $500
Account Type
Business Checking
Expires In
55 days
Requires
  • Min Balance
  • Card Spend (optional)

Bank of America

Bank of America® Business Advantage Banking

Bonus
up to $750
Account Type
Business Checking
Expires In
286 days
Requires
  • Min Balance

Why Walden Savings Bank?

Walden Savings Bank is a community savings bank headquartered in Walden, New York, serving the Hudson Valley and surrounding areas. It has been in operation for well over a century and operates branches throughout Orange County and neighboring communities.

The bank offers personal and business checking and savings accounts, mortgages, home equity loans, personal loans, and business banking services. Business accounts include checking with no minimum balance and cash rewards debit cards.

Walden Savings Bank is FDIC-insured and is known for its local community focus. Accounts are opened in-branch; online banking is available for account management after opening.

Business Checking

The biggest perk for the WSB Business Checking account is unlimited free check writing and deposits. All business customers have the option to receive their monthly statements and check images electronically at no cost.

Fees

Business Checking does charge a monthly maintenance fee of $5, but there are ways to get this waived:

  • Be a non-profit organization
  • OR, Have a lending relationship of $25,000 or more
  • OR, Maintain an average monthly balance of $2,500 or more.

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