WesBanco is a West Virginia-based bank that has been featured repeatedly on DepositAccounts.com in the past for checking account promotions. It offers personal and business banking products, as well as wealth management products and services.
WesBanco offers several different checking accounts, including a student account that is simple and easy to maintain and a premium account designed to maximize interest earning potential. The banks’ savings accounts come with monthly maintenance fees unless certain requirements are met. Savings account offerings function similarly to the bank’s money market accounts, but differ as far as initial deposit requirements and interest rate thresholds. Certificates of deposits (CDs) are available in term lengths ranging from 3 to 60 months and are offered in several ways. One CD allows for one higher rate switch if the rates increase during the life of the CD, while another CD allows both a switch to the higher rate and one penalty-free withdrawal. There are term restrictions and other potential requirements associated with the aforementioned CDs. WesBanco offers many similar products on its business banking side, as well as cash management and financing services.
WesBanco online banking is set up on a 3rd party domain and offers customers secure access to their accounts to perform account management activities like fund transfers, bill pay, and Microsoft Money financial management integration for budgeting purposes. The bank has also release a mobile app, making it easy and convenient for customers to access and manage their accounts remotely from their smartphone or tablet devices.
WesBanco was originally established in 1870 as the Wheeling Dollar Savings & Trust Company. In 2000, the bank transitioned to its current name and in 2008 it changed its institution class to an insured commercial bank with the FDIC. WesBanco is headquartered in Wheeling, West Virginia, and serves its customers through numerous branches located in the West Virginia-Ohio region.
Related Posts
5/24/11 - WesBanco’s $129 Checking Account Bonus for Parts of OH, WV & PA
10/28/10 - WesBanco's $220 Checking Account Bonus - Local to WV, OH & PA
7/7/10 - WestBanco's $100 Checking Account Bonus - Local to WV, OH & PA
4/17/09 - $100 Checking Account Bonus (no DD Required) at WesBanco - Only for WV, OH & PA
8/20/08 - $150 Bonus for Student Checking Account at a PA/WV/OH Bank (WesBanco)
6/4/08 - Up to $200 Checking Account Bonus at a PA/WV/OH Bank (WesBanco)
11/21/07 - $180 Checking Account Bonus at a PA/WV/OH Bank (WesBanco)
5/17/07 - $125 Checking Account Bonus at WesBanco (and possibly $200)
11/28/05 - WesBanco $50 Checking Account Deal
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 803 |
| Year Established | 1870 |
| Employees | 2230 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.86% |
| Return on Equity - YTD | 6% |
| Annual Interest Income | $612.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $18.48B$17.3B |
| Loans | Q3 2024vs Q3 2023 | $12.34B$11.21B |
| Deposits | Q3 2024vs Q3 2023 | $14.24B$13.36B |
| Equity Capital | Q3 2024vs Q3 2023 | $2.66B$2.44B |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $140.9MM$126.6MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $47.1MM$34.7MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $670K$1.2MM |
