Merchants Business Checking

Designed for businesses that maintain a moderate monthly balance with moderate transaction volume.

Account Details

  • $100 initial deposit required to open the account.
  • $15.00 monthly service charge.

  • $1,500 average daily balance to avoid monthly service charge.
  • $2.00 foreign ATM fee.

  • FDIC Insured.

What you get from Merchants Business Checking:

Money Savings

  • FREE processing of your first 300 items each month (checks processed and checks deposited.) Each additional item is $0.50.** 

  • $40 credit toward your first order of checks with Harland Clarke.  

Time Savings

  • Enjoy the secure and convenient way to check account balances, make payments, transfer money and more by enrolling in Small Business Online Banking.
  • Surcharge-free ATM usage at Merchants Bank
  • Online Banking with Bill Payment–bank anytime from your computer and enjoy 20 free bill payments per month. Additional payments are $0.50 each. 

  • Phone Banking with 24/7 access to check balances, transfer funds, make loan payments and more.

Support Where And When You Need It

Helpful Tools

  • Free access to FinanceWorks, a comprehensive financial management tool, with Small Business Online Banking.
  • Free Business Debit Card for POS purchases anywhere MasterCard is accepted.
  • Ability to customize a suite of Cash Management services to meet your business needs–from multiple Sweep programs and Repurchase Agreements to ACH, wire transfers and tax payments.

* The full deposit disclosure is available at any Merchants Bank branch or click here to view the full Commercial Account Disclosure.

**Your account will have free processing on the first 300 items processed each month, and each additional item processed over and above your 300 free items will be $0.50 each. In addition to each item deposited and check processed, each deposit transaction will also be counted as an item processed.