Merchants Business Plus Checking

Designed for businesses that maintain a high monthly balance and moderate to high transaction volume.

Account Details

  • $100 initial deposit required to open the account.

  • $20.00 monthly service charge.

  • $5,000 average daily balance to avoid monthly service charge.

  • $2.00 foreign ATM fee.

  • FDIC Insured.

What you get from Merchants Business Plus Checking:

Money Savings

  • FREE processing of your first 600 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 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 Merchants Business Plus Checking 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 600 items processed each month, and each additional item processed over and above your 600 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.