Commercial Deposit Services
Integrated commercial deposit services keep your money working hard so you can manage financial operations with confidence. Xenith Bank offers a variety of checking and savings options designed specifically for businesses and non-profit organizations. Our commercial banking specialists will help you employ the combination of solutions that is best for your company.
Designed for businesses with low to moderate transaction volumes. Perfect for organizations just getting started, this account has no minimum balance requirement, no monthly maintenance fee, and includes free Online Banking.
BUSINESS INTEREST CHECKING
The convenience and simplicity of a business checking account, paired with a low minimum balance requirement. Your business can offset service fees by earning interest on your balance.
INTEREST ON LAWYERS TRUST ACCOUNTS (IOLTA)
Provided to lawyers and firms overseeing escrow funds for the IOLTA program. Accounts earn competitive interest rates. At the end of each statement cycle, earned interest is dispersed to aid the Legal Services Corporation of Virginia.
COMMERCIAL ANALYSIS CHECKING
This account is ideal for companies with more complex, higher transaction volumes using treasury services. You can offset activity-based fees with a premium earnings credit rate on all collected balances.
BUSINESS MONEY MARKET ACCOUNT
Offered to help your business maximize returns. Low minimum balance requirements and limitations on the number of debits allowed each month. Competitive interest rates are tiered according to the balance maintained.
CERTIFICATE OF DEPOSIT (CD)
Provided to support growing businesses with security and fixed returns. CDs offer competitive interest rates and a variety of maturities to meet your evolving investment needs.
Talk to our commercial banking specialists today.