WaterStone Bank Offer

Bonus Details

Earn $300 with $5,000-$24,499.99 average balance, $500 with $25,000-$49,999.99, or $700 with $50,000+ during third full statement cycle. Add $125 ($300 tier) or $150 ($500/$700 tiers) for Positive Pay within 90 days and same for Merchant Services within 180 days, up to $1,000.

How To Qualify

Open eligible Business Checking in-branch with $100 minimum. Complete 10+ customer-initiated transactions within 90 days and maintain required average balance of your chosen tier during third full statement cycle. Account must be open and active for applicable cycle.

The Fine Print

Monthly Fees: $15
Account Type: Business Checking Account
Expiration Date: None Listed
Additional Requirements: Must be opened in branch. New business customers only.
Availability: Wisconsin

Monthly Fee Details

Monthly minimum-balance fees $15-$25 depending on account type if requirements not met. $10/month inactive fee after 60 days inactive.

Early Account Closure Fee

$30 closing fee plus bonus forfeit if closed within 180 days.

Official offer terms

Source wording for the promotion. View official source Recorded Invalid Date.

Earn up to $1,000 with a New Business Checking Account Open a New Business Checking Account and qualify for a cash bonus based on the average balance you maintain. SCHEDULE AN APPOINTMENT Details Business Checking Account Offer Details: Eligible WaterStone Bank business checking accounts require a minimum balance of $100.00 to open. New business customers who open an eligible Business Checking account may qualify for a one time cash bonus based on the average balance maintained during the third full statement cycle, provided the account remains open and active and the customer completes ten (10) or more customer initiated transactions within ninety (90) days of account opening. A $300.00 bonus will be paid if the account maintains an average balance between $5,000.00 and $24,499.99 during the third full statement cycle. A $500.00 bonus will be paid if the account maintains an average balance between $25,000.00 and $49,999.99 during the third full statement cycle. A $700.00 bonus will be paid if the account maintains an average balance of $50,000.00 or more during the third full statement cycle. An additional $125.00 bonus (for accounts qualifying for the $300.00 tier) or $150.00 bonus (for accounts qualifying for the $500.00 or $700.00 tiers) will be paid if the customer enrolls in Positive Pay services (Check, ACH, or Check and ACH) within ninety (90) days of Business Checking account opening. An additional $125.00 bonus (for accounts qualifying for the $300.00 tier) or $150.00 bonus (for accounts qualifying for the $500.00 or $700.00 tiers) will be paid if the customer establishes WaterStone Bank Merchant Services within one hundred eighty (180) days of account opening. All bonuses will be credited as one-time deposits to the qualifying Business Checking account on the third full statement cycle; however, bonuses associated with Merchant Services will be paid on the sixth full statement cycle. Accounts must remain open and active for 180 calendar days, or a $30.00 closing fee will be assessed at account closing. If the Business Checking account is closed within one hundred eighty (180) calendar days of account opening, a payback fee equal to the total amount of all bonuses received will be imposed. To open an account, schedule an appointment to meet with a banker at one of our branch locations. Monthly minimum balance fees apply if applicable balance requirements are not met and vary by account type, ranging from $15.00 to $25.00, based on average daily balance thresholds or qualifying relationship requirements.