Merchants Simply 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.
  • $5.00 monthly service charge.
  • FDIC Insured

What you get from Merchants Simply Business Checking:

Money Savings

FREE processing on your first 200 items each month (checks processed and checks deposited.) Each additional item is $0.50.**
Automatic rebate of the Merchants Bank foreign ATM fee.
$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 200 items processed each month, and each additional item processed over and above your 200 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.