With recent changes in U.S. economy, Wachovia looks for ways to help small
businesses cut costs and manage businesses efficiently through challenging
times
CHARLOTTE, N.C., May 27 /PRNewswire-FirstCall/ -- In this challenging
economic environment, as in any environment, Wachovia Bank is looking for
ways to support small business owners, ensuring that they look to every
area of their operations to cut costs, including those associated with
their checking accounts.
Wachovia now offers a totally free business checking account to small
businesses. The checking account has no monthly maintenance fee, no minimum
balance and access to other free products like Bad Check Recovery.
"This product completes the full offering of products and services we
have for small businesses through our financial centers nationwide," said
Becky Mesanza, Wachovia's director of commercial checking products. "We can
provide products and services to any small business to help manage their
daily cash flow needs; whether they are just starting out, or if they are
an established business with more sophisticated needs."
In addition to Free Business Checking, Wachovia also offers other
unique products for its small business customers. Bad Check Recovery helps
small business customers recover funds from clients who have insufficient
funds. Online Deposits is another industry-leading product that allows
customers to scan paper checks from their desktops and electronically send
the images to Wachovia for deposit. Wachovia also offers a wide variety of
treasury and cash management products for small businesses to help run
their businesses more effectively and efficiently.
Small businesses can learn more about Wachovia's suite of products and
services by visiting a Wachovia financial center or calling 1-800-WACHOVIA.
About Wachovia
Wachovia Corporation (NYSE: WB) is one of the nation's largest
diversified financial services companies, with assets of $808.9 billion and
market capitalization of $53.8 billion at March 31, 2008. Wachovia provides
a broad range of retail banking and brokerage, asset and wealth management,
and corporate and investment banking products and services to customers
through 3,300 retail financial centers in 21 states from Connecticut to
Florida and west to Texas and California, and nationwide retail brokerage,
mortgage lending and auto finance businesses. Globally, clients are served
in selected corporate and institutional sectors and through more than 40
international offices. Our retail brokerage operations under the Wachovia
Securities brand name manage more than $1.1 trillion in client assets
through 18,600 registered representatives in 1,500 offices nationwide.
SOURCE Wachovia Corporation
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Related links:
http://www.wachovia.com
CONTACT:
Jennifer Darwin of Wachovia Corporation,
+1-704-383-8149
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