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 monthly 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 and over 55,000 Allpoint ATMs–including hundreds in Vermont.
- Online Banking with Bill Payment–bank anytime from your computer and enjoy 20 FREE bill payments per month. Additional payments are $0.50 each.
- Automated Phone Banking with 24/7 access to check balances, transfer funds, make lloan payments and more.
Support Where And When You Need It
- Talk to an experienced, friendly person right here in Vermont.
- Live Online Banking help is also available.
- Customer Call Center representatives are available 6 days a week. Click here for hours.
- Our statewide network of branches and ATMs make it easy for you to connect with your money and us.
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.
52 Reasons
Businesses across Vermont choose to work with us for many reasons. We’re sharing 52 of those reasons throughout the year. Click here and see how many we have so far.
Pay Less. Save More.
Our Adjustable Rate Mortgages can mean powerful savings-with more money in your pocket each month. Plus, our superior, local customer service gives you added peace of mind. Apply today.
Small Business
From lines of credit and cash back checking accounts to cash management and local decision making on loans. Learn more.