Non-Profit Checking

Account Details

This account is only available to registered 501(c)(3) non-profit organizations.

Balance Requirement

No minimum balance requirement or monthly maintenance fee.

Cash Allowance

Up to $20,000 free in branch monthly cash deposit allowance. Excess cash deposited charged at:
$20,000.01-$100,000 = $0.30 per $100
$100,000.01 or more = $0.50 per $100

Transaction Allowances

500 free monthly transactions per statement cycle, excess items charged at $0.40 per item.

Transactions

Transactions include checks paid, items deposited, deposits, instant payments, ACH credits received, ACH debits received, ATM/POS debits and credits.

Service charges are subject to change at any time.

Key Features and Benefits

• No monthly maintenance fee or minimum balance requirement.

• Online access to balance, transaction, and statement information.

Enhance this account with additional business services from Mercantile.

• Positive Pay – Help protect your accounts against check and ACH fraud with advanced fraud mitigation solutions.

• Mobile & Remote Deposit – Deposit checks securely from your office or mobile device.

• ACH & Wire Payments – Send and receive electronic payments quickly and efficiently.

• Business Bill Pay – Simplify vendor payments and recurring business expenses.

• Business Credit Cards – Manage expenses and make business purchases with confidence.

• Business Debit Cards – Convenient access to business funds for everyday transactions.

• Credit Card Processing – Accept credit and debit card payments in-store, online, or on the go.

• Payroll & Human Capital Management (HCM) – Streamline payroll, HR, and workforce management with MercForce.