If you're a municipality, you're always looking for a way to save money. That's why we designed our Municipal Interest Checking for government entities with a way to save money with no monthly fee.
While you’re busy working, we can automatically sweep your funds into investments, using a Repurchase Agreement* structure. The funds are used to buy a fractional interest in AAA-rated government-issued securities owned by Merchants Bank. The bank buys back those securities the next day, with interest.
Access your account, transfer money, check balances, pay bills and more from your smartphone or tablet. Free with Freedom Checking, Simply Checking, and Growth Checking.
Protect your reputation and reduce expenses. Choose from three levels of personal overdraft protection to help avoid the embarrassment of a declined transaction.
Sign up for one of our free classes and get the knowledge you need to make smarter financial decisions.