Specialty Deposit Group
At CommerceWest Bank we understand the unique challenges associated with trust deposits.
We have a dedicated team of industry experts available to assist you with your specialty
needs. We make the process as seamless as possible, while providing clients with
peace of mind by providing automated processing, personally tailored services and
a true partnership that is unique to the industry.
In addition to working with professional industries that heavily rely on treasury
management products and services, our team of specialty banking experts specialize
in working with the real estate industries such as title, escrow, HOA, residential
and commercial property management as well as transactional processors such as payroll
companies, electronic transaction processors and money service businesses. In addition
to traditional banking products and services, our CommerceWest Bank Specialty Bankers
understand the compliance needs of these industries and provide services and expertise
in this area.
We understand that your business does not just operate between 9 to 5, so at CommerceWest
Bank we provide 24/7 support, a full suite of online banking services through NetBanker,
our online banking system. NetBanker provides you with electronic solutions for
your account receivables and payables, electronic wire transfers, electronic returned
item notifications, and the ability to schedule and execute ACH transitions. In
addition we offer full service imaged lockbox services geared towards payment collection
and reporting. With our CommerceWest Specialty Bankers you are "banking on the difference".
Our Association Banking Specialist focuses on the undivided needs of community associations
and management companies. We understand the challenges and demands of collecting
and managing funds which is why our system works with most accounting systems to
provide the ultimate collection, processing and posting of payment.
In addition to our standard business accounts, we offer CDARS® or ICSSMS
specifically for our HOA clientele. Enjoy the convenience of our Certificate of
Account Registry Service®, or CDARS and ICSSM, the Insured Cash SweepSM,
which provides all the security of certificate of deposit account without a $250,000
insurance limitation. You can invest up to $50 million and be eligible for FDIC
insurance on every dollar. Using CDARS or ICS product, we provide you with optimal
- Specialty Tools
Simplified Signature Card Process
Digital Imaging System
- HOA Loans
Borrowing money for repairs or improvements to the common areas of an association
doesn't need to be a difficult and confusing process. Our industry experienced lending
team is ready to help you with financing for community associations and management
companies with line of credits, flexible terms and competitive rates. We will work
with the association's Board of Directors, financial professionals and managing
agent to structure a loan program that is personally tailored to meet the association's
needs and budget requirements.
- HOA Credit Card Services
Need to accept or utilize corporate credit or business debit cards? You have the
option of: Business credit cards for associations, Merchant accounts for associations
and management companies.