Account Details
Minimum Opening Deposit
$50.00 minimum opening deposit.
Fees
$15.00 monthly maintenance fee is waived if you maintain a $2,500 average available balance per statement cycle or eStatement enrollment.
Up to $20,000 free in monthly branch cash deposit allowance.
Excess cash deposited charged at:
$20,001 - $100,000 = $0.30 per $100
$100,001 or more = $0.50 per $100
Monthly Transactions
150 free monthly transactions per statement cycle, excess items charged at $0.40 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.
