WesBanco (WV)

Overview / Commentary
One Bank Plaza
Wheeling, WV 26003

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.

Reviews (4)

Wesbanco/ESB Bank

Posted by: |

Wesbanco's customer service is tops. I have been a customer with ESB Bank since the late 80's for my personal and business banking. Before I banked at ESB Bank I was a customer (number) at PNC Bank. Wesbanco has continued the ESB Bank tradition of excellent customer service. Its nice to go to a bank where everyone knows your name and they are always eggar to help.

Wesbanco - the old gray mare ain't what she used to be

The bank I am with used to be the Scott County State Bank. I went with them since I knew their employees and went to school with some of their kids. I have never had a lot to invest but I used their checking and savings and was satisfied. I got decent interest rates. I also used a CD to save for a trip to Mexico. The customer service was great. They have been bought out twice now and each time the products offered seem to be inferior. I ended up moving my savings account to an online bank for better interest rates and may move my checking since there are now fees based on your minimum balance. Customer service is still good but it's not enough to keep my business.

My Wesbanco Experience

Posted by: |

I started banking with Wesbanco when they bought out the former small bank I used. My experience with them has been average. When the merge initially happened, the customer service was great. I was able to get my account set up easily on the phone. It did take a while to get a new debit card, but I was still able to use my old one, so that was no issue. I also recall a time when there was fraudulent activity on my card and they called me right away to confirm whether or not the purchase was made by me. It wasn't, and I was thankful for their quick service to insure my money was safe. My biggest issue I've had with Wesbanco surrounds the transfer of funds on weekend hours through the app. There have been several times where the system has been down or I have not been able to see the details of my account online or in the app. I recall a time where I was needing to transfer money over from one checking account to another in order to make a purchase on a Sunday, and when I requested the transfer in the app, nothing happened. It wasn't until Monday that the funds showed up in my account.

Poor Training

The branches I have visited seemed to be doing a poor job of training their new hires. Additionally, some of their banking practices like POD's are behind the times, and they don't publish their CD rates. When you do discover their CD rates, they are generally below average.


Health Grade Components

FDIC Certificate #803
Year Established1870
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.91%
Return on Equity - YTD6.29%
Annual Interest Income$195.5MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$17.74B$17.24B
LoansQ1 2024vs Q1 2023$11.76B$10.79B
DepositsQ1 2024vs Q1 2023$13.73B$13.15B
Equity CapitalQ1 2024vs Q1 2023$2.56B$2.45B
Loan Loss AllowanceQ1 2024vs Q1 2023$129.2MM$118.7MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$34.5MM$40MM
Real Estate OwnedQ1 2024vs Q1 2023$1.2MM$1.5MM

Sorry, we do not have rate data for WesBanco (WV).



Wheeling Area

Interactive local rates map

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.