Merchants Simply Checking gives you the simplicity of a traditional checking account combined with free electronic banking services, like online and mobile banking.
Benefits of Merchants Bank’s Simply Checking include:
- $100 minimum daily balance to avoid monthly service charge; No monthly service charge for people age 21 and younger, or 62 and over
- Free Mobile Banking, Text Banking and Online Banking
- Automatic rebate for non-Merchants Bank ATM fees
- Free, unlimited Bill Payment
- Unlimited check writing
- Free eStatements
- Free initial MasterCard® Debit Card
- Free access to helpful money management tools like FinanceWorks
- Earn cash back through Purchase Rewards program within Online Banking
- Mobile Capture is also available**
Want to open an account?
The account has a minimum daily balance requirement of $100.00
There is an $8.00 monthly service charge if your minimum daily balance falls below $100.00. This monthly fee can also be waived or offset if the account holder:
- is 21 - years old or younger
- is 62 - years old or older
Statements and check images are free within Online Banking. A $1.00 charge is assessed for each paper statement. You can opt to receive only e-statements once you sign in to Online Banking.
**Mobile Capture – There is a $0.50 charge for each deposited item, certain deposit and check limits apply and there is a daily cut off for deposits to be credited on a business day.