Designed for businesses with moderate to high transaction activity, this account features a monthly Earnings Credit Allowance that helps to reduce or even eliminate service charges.
Account Features:
| Available To... |
|
All Business Entities |
|
| Monthly Transactions (includes debits, credits and items deposited) |
|
Unlimited ($0.15 debits; $0.35 credits; $0.12 Deposited Items) |
|
| Balance to Avoid Monthly Maintenance Fee |
|
Earnings Credit may offset certain fees and charges. The Earnings Credit Rate is determined by the Bank. Higher rates may be applied at higher balance levels. |
|
| Monthly Maintenance Fee |
|
$14.00 |
|
| Cash Deposit Processing |
|
First $5,000 cash deposited is FREE ($0.09 per $100 after $5,000)
|
|
| Free Business Check Card |
|
Yes |
|
| Online Banking |
|
Yes |
|
| Online Bill Pay |
|
|
|
| Monthly Statement with Check Images |
|
Yes |
|
| Treasury services available |
|
Yes |
For more information, contact Mercantile Bank.
