Business Banking /

Savings

Account solutions that grow as your business grows.

Savings Account Options

Important information for our business customers when opening a new deposit or loan account, or changing signers. Click here for more details

Business Community Savings

 
  • $50.00 minimum opening deposit
  • $5.00 monthly maintenance waived if maintain a $500.00 average available balance per statement cycle
  • Unlimited monthly transaction allowance..
  • Interest bearing
  • MoneyPass® ATM Network. No ATM transaction fees or surcharge fees at Mercantile Bank and MoneyPass® Network ATMs. (Find a MoneyPass® ATM)

Service charges subject to change

Business Money Market

 
  • $50.00 minimum opening deposit
  • $12.00 monthly maintenance waived if maintain a $2,500.00 average available balance per statement cycle
  • Monthly transaction allowances:
    • 10 free transfers or withdrawals, excess charged at $10.00 per item
    • 20 free items deposited, excess charged at $0.25 per item
    • $15,000.00 free in branch cash deposit allowance, excess charged at $0.20 per $100.00
  • Tiered interest rate
  • MoneyPass® ATM Network. No ATM transaction fees or surcharge fees at Mercantile Bank and MoneyPass® Network ATMs. (Find a MoneyPass® ATM)

Service charges are subject to change

 

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