Charitable Checking
Turn Everyday Banking into Everyday Giving.
Partnering for Vibrant Communities
How to participate:
1. Open and Enroll
As a 501(c)3 organization, when you open a WaterStone Bank Business Checking Account, you are eligible to enroll in the Charitable Checking Program.
2. Grow Your Community
Encourage your members to sign up for WaterStone Bank Checking Accounts. They can then choose to support your organization, growing your impact.
3. We Donate!
Every year, we give a percentage of our Charitable Checking fund to your organization. The more supporters—and the higher your account balance—the larger your bonus.
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Supporting our communities through grants and partnerships that make a meaningful impact where it matters most.
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To participate in the Charitable Checking Program the nonprofit organization must have a 501(c)3 status and an active WaterStone Bank Business Checking Account. Each year, in February, the qualifying nonprofit organization will receive a donation from the WaterStone Bank Foundation. The donation amount will be determined by WaterStone Bank and based on the all-members average year-to-date balance of all WaterStone Bank checking accounts enrolled in the Charitable Checking Program listing your organization as their recipient of choice. Account must be open for a minimum of 90 days to be included in determining the donation amount. Checking accounts closed prior to February will not be included in determining the donation amount.
