Attention: In response to recent news about Equifax’s data breach, click here for steps you can take to protect yourself from identity fraud.
 
Attention: In response to recent news about Equifax’s data breach, click here for steps you can take to protect yourself from identity fraud.
 

Business Checking

Merchants Bank provides business checking products that are designed to meet the specific needs of your business or nonprofit organization, no matter how small or large. 

Apply Online Today! Learn about Business Online Banking

All accounts include these additional services:
  • Checking Account Analysis for businesses with high activity
  • Merchant Credit Card Processing Services
  • ACH & Wire Services
  • Web Connect to Intuit Quickbooks
  • Business Sweep Accounts
  • Zero Balance Account with linked account(s)
  • Escrow Management Services
  • Remote Deposit Capture for Qualifying Customers
  • Free Mobile Deposit
  • Business Debit Card
  • Corporate Employee Accounts
Basic Business Checking
Designed for the business or professional customer with limited check and deposit activity.
$1,000 monthly average balance requirement
200 transaction limitation on combined items paid or deposited. $0.35 per item thereafter
Free online banking with
e-statements
otherwise $15 per month
3 free months of bill pay $6.95 thereafter
  • More Information
    Basic Business Checking Features:
    • Free Business Online with e-statements, otherwise $15 per month
    • Free online check images; otherwise, check images with statements $2 per month
    Avoid the monthly maintenance fee $15 waived if minimum balance is maintained.
Premium Business Checking
Designed for the business customer with high volume check and deposit activity.
$5,000 daily balance requirement or $10,00 monthly average
400 transaction limitation on combined items paid or deposited. $0.35 per item thereafter
Free online baning with
e-statements
otherwise $15 per month
Unlimited bill pay
  • More Information
    Premium Business Checking Features:
    • Free Business Online with e-statements, otherwise $15 per month
    Avoid the monthly maintenance fee $15 waived if you maintain a minimum daily balance of $5,000 or you may go below the minimum daily balance but you must maintain a monthly average balance of $10,000.
Interest Checking
Designed for sole proprietors, nonprofit organizations and government agencies who maintain a higher balance and want to earn interest on deposits.
$5,000 daily balance requirement or $10,000 monthly average
400 transaction limitation on combined items paid or deposited. $0.35 per item thereafter
Free online banking with
e-statements
otherwise $15 per month
Unlimited bill pay
  • More Information
    Interest Checking Features:
    • Free Business Online with e-statements, otherwise $15 per month
    • Tiered interest rate that increases with higher balances

    View Rates
    Avoid the monthly maintenance fee $15 waived if you maintain a minimum daily balance of $5,000 or you may go below the minimum daily balance but you must maintain a monthly average balance of $10,000.
Nonprofit Checking
Designed for the nonprofit clubs and organizations who maintain a low monthly balance or who have limited check and deposit activity.
$0 balance requirement
200 transaction limitation on combined items paid or deposited. $0.35 per item thereafter
Free online banking with
e-statements
otherwise $15 per month
3 free months of bill pay $6.95 thereafter
  • More Information
    Nonprofit Checking Features:
    • Free Business Online with e-statements, otherwise $15 per month

Transaction items include checks paid, checks deposited, deposits, ACH debits, and ACH credits. Bank rules and regulations apply. Please contact a Merchants Bank representative for details.

Apply Online Today!