Small Business Checking
Small Business Checking
Account Details
Minimum Opening Deposit
$50.00 minimum opening deposit.
Fees
$10.00 monthly maintenance fee is waived if you maintain a $500.00 average available balance per statement cycle or enroll in electronic statements.
$15,000 free in monthly branch cash deposit allowance - excess charged at $0.20 per $100.00.
Monthly Transactions
150 free monthly transactions per statement cycle, excess items charged at $0.25 per item.
Transactions
Transactions include: checks paid, items deposited, deposits, ACH credits received, ACH debits received, ATM/POS debits and credits.
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.