Grow Your Business
Whether you’ve outgrown your space or you need to invest in new equipment, Savings Bank of Walpole is here to help your business succeed. With local loan decisions and an experienced business banking team, we will help you find the solution that’s right for your business.
Get the funds you need to efficiently manage your business faster and without a trip to the bank with Business Express Lending.
Additional Business Products
Contact Commercial Lending
Important Information About Opening a Business Account
Effective May 11, 2018, new rules under the Bank Secrecy Act will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats.
EACH time an account is opened for a covered Legal Entity, we are required to ask you for identifying information (name, address, date of birth, social security number, as well as identifying documents) for:
- Each individual that has beneficial ownership (25% or more); and,
- One individual that has significant managerial control, of the Legal Entity.
If you are opening an account on behalf of a Legal Entity, you will be REQUIRED to provide the appropriate documentation and to certify that this information is true and accurate to the best of your knowledge.