Interest Bearing Business Checking

If interest on your checking is what you're looking for, our Interest Bearing Business Checking account may be the perfect fit for your business.

Interest Bearing Business Checking Account Features

Ready to open an account for your business?

Compare Business Checking Accounts

Account FeaturesSmall Business CheckingBusiness CheckingInterest Bearing Business CheckingNonprofit Business Checking
Minimum Opening Deposit$0$0$0$0
Free Chip Debit Card with ATM Access and MasterCard® Easy Savings Program
Monthly Fee$0$8$8$8
Monthly Free Transaction Items
Per Transaction Charge
Borrowed Funds Raten/aPrime+3%Prime+3%Prime+3%
Earnings Credit
Earns Interest
Overdraft Line of Credit*AvailableAvailableAvailableAvailable
Contact UsLearn MoreContact UsLearn MoreContact UsLearn MoreContact UsLearn More
*Subject to credit approval. 

Working with Merchants has been's more like working with family. If I need anything, Matt and Manon are right there. It's also nice to work with bankers who are active in the community and that I see around town. I couldn't imagine banking any place else.

Suzanne Roesler

Owner, Caledonia Bakery

How can I switch my business checking account to Merchants Bank?

I'm a new business owner. Why do I need separate personal and business checking accounts?

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.

I'm an established business. How does Merchants Bank compare to my current business checking account?

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 Treasury Management Services may be a better fit for your business, so we dare you to compare. Contact a Treasury Management Specialist to begin your analysis.

What do I need to open a checking account?

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.

Do you offer Business Online Banking and Mobile Banking?

Yes, we offer several online and mobile banking options for our business customers.

  • Commercial Online Banking - Provides easy access to managing your accounts and seamless integration to the Treasury Management tools you need.
  • Commercial Mobile Banking - Check your business accounts on the go and make mobile deposits, while still operating in a fully secure environment.
  • Small Business Online Banking - Geared toward small businesses that do not use Treasury Management tools, Merchants Bank Small Business Online Banking provides access to basic functions to manage your business accounts such as reviewing transactions, making transfers and paying bills. You may also set up secondary user access.**
  • Small Business Mobile Banking - Easy-to-use, secure mobile access to your business account information on your smartphone or tablet. Our Small Business Mobile Banking provides a convenient way to check balances, view recent transactions, transfer funds, find branch and ATM locations, and more.

How do I transfer money between my checking account and other business accounts?

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 Treasury Management Sales Officer.

*ATM surcharge and foreign fees may apply. **Subject to approval


As your dedicated financial partner, we offer Wealth Management resources to help you plan for the future. Put our expertise to work for you. 

Treasury Management

Dedicated to your success, we provide your business with tools to manage your corporate cash efficiently and protect your financial accounts from fraud.

Diamond Money Market

The savings account that helps you earn more while you save more.

Select a location