Business Checking & Savings

Commercial Accounts

  • Commercial accounts pay a fee for deposits and for checks that clear the account.
  • A Earnings Credit rate is paid in lieu of interest.
  • Wells Federal Bank Offers Two Commercial Accounts.


Commercial Level One is designed for small or seasonal businesses. It is also ideal for the business customer that is just getting started.

  • No maintenance fee
  • No minimum balance
  • 100 free total items
  • Free ACH credits

If your account activity exceeds 100 total items, excluding ACH credits, you will be charged $0.35 per item.

Commercial Level Two is designed for businesses with a larger volume of checking and deposit activity.

The following charges apply:

  • $7.50 monthly service charge
  • No minimum balance requirement
  • Earning credit paid on the average available monthly balance
  • $.20 per deposit
  • $.06 per on-us deposit item
  • $.10 per transit deposit item
  • $.15 per check that clears the account
  • $.20 per ACH credit
  • $.15 per ACH debit


Unless specifically addressed on this website, all other charges apply as listed in the current Schedule of Fees and Charges.

A 30-day notice will precede any changes in these charges.