Your business deserves a Best Bank
Find a partner in WaFd Bank
Your Business Bank in Utah
WaFd Bank has won Best Bank awards in both the Regional Bank and Employer categories every year since 2017, so you know you'll have a great partner to help you grow your business. Wherever your business is located in the state of Utah, WaFd is there for you. With branches from Salt Lake City to Draper, Logan to Price and just about everywhere in between, you'll be able to get your banking done and get back to running your business.
Get everything you need for your business from a Best Bank
- Personalized service from local bankers
- Checking and savings accounts
- Loans and lines of credit
- SBA lending options
- Merchant services
- Cash management tools
When you're doing business in the Beehive State—whether in the tech corridors of Lehi and Salt Lake City, the vibrant Main Streets of St. George and Ogden, or near the campuses of Weber State, Utah State, and the University of Utah—you need a banking partner who understands the unique rhythm of our local economy. At WaFd Bank, we bring over a century of experience and personalized service to help Utah businesses thrive with the right blend of commercial lending, deposit solutions, and cash management tools. We believe in the industrious spirit that defines Utahns—and we're here to build lasting partnerships rooted in trust, not just transactions. We love what we do, and we're proud to make a difference.”
Dane Margetts, Regional President
Compare business checking accounts
*Free Business Checking | Business Interest Checking | Business Premier Checking | Business Analyzed Checking | |
|---|---|---|---|---|
Only $100 initial deposit | ||||
Earns interest | ||||
Monthly fee | $0 | $15 when balance falls below $5,000 | $75 | Varies, cost is based on transaction volume, offset by account balance |
QuickBooks® compatible | ||||
Mobile and Online Banking, online check images, and eStatements | ||||
Digital payment options: eACH, eWire, remote deposit capture | ||||
Optional Overdraft Protection services | ||||
Fraud Prevention services add-on: positive pay for check and ACH | ||||
Debit cards for signers and non-signers | ||||
Tailored to your business needs | ||||
Find everything you need to grow your business with WaFd Bank
SBA LOANS
Get fast approvals and expert local guidance to help grow your business
- WaFd Bank is an SBA Preferred Lender
- Access the capital you need through an SBA 7(a) Loan, SBA 504 Loan, or Express Lines of Credits
*Loans subject to approval.
CREDIT CARDS
Flexibility designed for your success
- Designed for business owners
- Flexible and convenient
- Manage expenses and authorized user spend with ease
- Cashback rewards
LOANS & LINES OF CREDIT
Get the funding you need to support cash flow, working capital, or other needs
- SBA Loans and Lines of Credit
- Business Loans and Lines of Credit
- Business Credit Cards
Subject to credit approval.
MERCHANT SERVICES
Spend less time on administrative tasks with Merchant Services
- Manage HR and payroll with ease
- Point of sale and inventory systems to help you stay on top of things
- Accept payments multiple ways so your customers pay the way they want to
PAYMENT PROCESSING SERVICES
Accept payments anywhere with the most up-to-date technology
- Terminal payments (card present)
- E-commerce (card not present)
- Industry-leading security
- Solutions for platforms and developers
CASH MANAGEMENT
Gain more and seize growth opportunities to scale up
- See all bank and credit card activity in one place
- Track profitability in real time
- Visualize business cash flow with projections to plan for seasonality
Connect with Us
Our knowledgeable and experienced bankers are ready to help.
Expert Insights
Navigate your business confidently with expert knowledge and guidance.
Trusted Partners
Testimonials from our business clients.
RETAIL
Definitely have a bank partner in our corner, 100%.”
Daniel Goodwin
NON-PROFIT
It has just been a really wonderful experience. So much so that we are actually in the process of transitioning almost all of our banking as a non-profit agency to WaFd Bank.”
Crystal Hovath
RETAIL
It's an incredible relationship! I've never seen it in banking, and that's why we stick with WaFd Bank!”
Jackie Sorkin