all accounts include free iconmobile banking icononline banking icondebit card iconATM fee free cash iconestatements icon


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Small Business Checking Business Checking Interest-Bearing Business Checking Nonprofit Business Checking
Minimum Opening Deposit $0 $0 $0 $0
Free Chip Debit Card Checkmark in table
Checkmark in table
Checkmark in table
Checkmark in table
Monthly Fee $0 $8 $8 $8
Monthly Free Transaction Items 250 total items: includes checks, deposit slips, deposited items. Unlimited debit card point-of-sale, ATM* and ACH transactions.
No per transaction charge for debit card point-of-sale and ATM* transactions.
No per transaction charge for debit card point-of-sale and ATM* transactions.
No per transaction charge for debit card point-of-sale and ATM* transactions.
Per Transaction Charge $.25/item after 250
$.25/credit
$.03/Merchants Bank check deposited
$.08/other item deposited
$.15/debit
$.10/ACH debit
$.20/ACH credit
$.25/credit
$.03/Merchants Bank check deposited
$.08/other item deposited
$.15/debit
$.10/ACH debit
$.20/ACH credit
$.25/credit
$.03/Merchants Bank check deposited
$.08/other item deposited
$.15/debit
$.10/ACH debit
$.20/ACH credit
Borrowed Funds Rate n/a
Prime +3%
Prime +3%
Prime +3%
Earnings Credit
Based on average collected balance


Earn Interest

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*ATM surcharge and foreign fees may apply.

Protect your Business Checking Account transactions with one of our Business Overdraft Protection options.


Learn more about Merchants Bank Business Checking Accounts

It's easy - just use our online guide to switching your business checking account.

Keeping your business and personal expenses separate is important for tax and legal purposes. Even if your business is just starting out, having a separate business checking account will help make bookkeeping easier in the long term.

Your business is constantly changing. When was the last time you reviewed your business accounts to ensure the best return and most efficient cash flow? 

We’ll conduct a free, no-obligation cost analysis on your business checking account. Our business accounts and Cash Management Services may be a better fit for your business, so we dare you to compareContact a Cash Management Specialist to begin your analysis.

Please bring the following items with you to open your business checking account:

  • Legal documents for your business.
  • Tax ID number.
  • A list of who you would like to add to the account as authorized signers and a plan for how those signatures will be obtained.

Being prepared with this information will help speed up the account opening process. To schedule an appointment to open a new business checking account, contact your local Merchants Bank branch.

Yes, we offer both free to our business customers.


Business Online Banking - Free, easy-to-use, secure Internet access to your business account information with Bill Pay. You may also set up secondary users and access several Cash Management tools.** 

Business Mobile Banking - Free, easy-to-use, secure mobile access to your business account information on your smartphone or tablet. Our Mobile Banking provides a convenient way to check balances, view recent transactions, transfer funds, review, approve or reject drafted ACH transactions, find branch and ATM locations, and more. 

You can easily transfer money between your other business accounts several ways, including ACH, automated sweep accounts, Online Banking, Mobile Banking and more.

For help setting up an external transfer to/from your Merchants Bank Business Checking account, contact your local Merchants Bank branch and ask to speak to a Cash Management Specialist.

† Merchants Mobile Banking is free, however, text or data charges may be imposed by your mobile provider. Check your plan for details. Your carrier may limit access outside the U.S.

** Fees may apply for certain Cash Management services. Bill payments after the first 20 bills are 40 cents each.