culler lake

Business checking that works as hard as you do

Whether you're a startup operating in your garage or an established business with 20 years of experience, we understand the financial challenges a business can face. Which is why we have developed an array of business checking products focused on convenience and growth. Our business accounts are complimented with cash management services to keep you organized, focused on your business. Each of our business accounts can be complimented with the following services:

  • Online Banking
  • Bill Pay
  • Access to your Account with use of your Intuit® Quicken Money Management application
  • Overdraft Protection Line of Credit*
  • VISA® Check (Debit) Card – Free at all Woodsboro Bank ATMs and more than 55,000 Allpoint ATMs worldwide
  • Free 24-7 Telephone Banking

In addition, all of our accounts come with something that others can't offer. Most important for any business owner, direct access to knowledgeable, personal banking professionals when you need it most. When you have questions, we will have answers. Stop by or call anytime.

Economy Business Checking

Optimal for businesses with minimal processing needs.

    $0 monthly maintenance fee with $1,000 average monthly balance

  • Overdraft Protection Line of Credit*
  • Cash management services
  • up to 250 monthly transactions

Classic Business Checking

Perfect for higher volume businesses with a greater number of transactions. Take advantage of higher balances, earn credits that offset transaction fees.

    $12 monthly maintenance fee

  • Unlimited check writing
  • Variable earnings credit

Business Interest Checking

Perfect for non-profit or sole proprietor businesses.

    $0 monthly maintenance fee with $1,000 minimum daily balance; or
    $10 monthly maintenance fee

  • Earn a competitive interest rate
  • Up to 250 monthly transactions
  • Cash management services

Money Market Accounts

Safe, convenient way to invest excess business cash and put it to work.

    $0 with minimum daily balance of $2,500; or
    $10 monthly maintenance fee

  • Higher rate of return
  • Up to 6 pre-authorized or automatic transfers per month    
  • Check writing and VISA® check card benefits

IOLTA

Created for attorneys, the Interest On Lawyers Trust Accounts, or IOLTA, is an interest-bearing account used by Attorneys to hold small dollar, short term escrow funds.  Woodsboro Bank transfers the earned interest to the Maryland Legal Services Corporation for charitable purposes.

    $0 monthly maintenance fee with no minimum balance

MAHTA

Created for attorneys, the Maryland Affordable Housing Trust Account, is an interest-bearing account used by approved attorneys, title insurers and agents, to hold small dollar, short term escrow funds. Woodsboro Bank transfers the earned interest to the Maryland Affordable Housing Trust to enhance the availability of affordable housing throughout the State.

    $0 monthly maintenance fee with no minimum balance

 

Business VISA® Check Cards

Track business purchases and get cash easier, directly from your business checking account. It comes standard with all of our business checking and money market accounts and has fee-free use at over 55,000 locations worldwide.


Are you ready to open an account or have questions about an existing account?
Call 301.898.4000 or contact your local branch manager.

 

*Overdraft Protection Line of Credit available upon credit approval