What is Smart Business Checking?

Smart Business Checking is a business checking account from Mercantile Bank designed for businesses with higher transaction activity and treasury management needs.

How can the monthly maintenance fee be waived?

The $25 monthly maintenance fee may be waived by maintaining a $20,000 average available balance during the statement cycle.

How many transactions are included with Smart Business Checking?

Smart Business Checking includes 500 free transactions per statement cycle. Excess transactions may be subject to additional charges.

Does Smart Business Checking include cash deposit allowances?

Yes. Smart Business Checking includes up to $20,000 in free monthly branch cash deposits. Excess cash deposits may be subject to additional fees.

What treasury and business services can be added to Smart Business Checking?

Additional services include Positive Pay fraud mitigation, remote and mobile deposit services, ACH services, bill pay, wire transfers, card processing, business credit and debit cards, treasury management solutions, and MercForce payroll and human capital management services.

Who is Smart Business Checking designed for?

Smart Business Checking is designed for growing and established businesses that maintain higher transaction volumes and require expanded business banking and treasury management capabilities.

Smart Business Checking | Mercantile Bank

Account Details

Balance Requirement

$25.00 monthly maintenance fee is waived if maintain a $20,000.00 average available balance per statement cycle.

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 Allowance

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

Ability to offset monthly maintenance fee.
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.

Business Banking Advantage®

Delivers powerful rewards, savings, and protection. Members gain business security and protection (including identity theft and cyber safeguards), full‑service travel rewards with MercPerks® (cash back, guaranteed low pricing, and concierge support), while also getting local and national business savings.

Learn More

Smart Business Checking