Business Money Market
Business Money Market
Mercantile's Business Money Market offers tiered interest rates, no ATM fees, waived maintenance with $10,000 balance, and monthly transaction allowances.
Account Details
Minimum Opening Deposit
$50.00 minimum opening deposit.
Fees
$12.00 monthly maintenance waived if maintain a $10,000 average available balance per statement cycle.
Monthly Transaction Allowances:
20 free Deposited Items, then $0.40 each.
and
10 free Transfers or Withdrawals, then $10.00 each.
Monthly Cash Deposit Allowance:
Free up to $5,000 monthly
Excess cash deposited charged at:
$5,001 - $100,000 = $0.30 per $100
$100,001 or more = $0.50 per $100
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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Sat. from 9am - 1pm
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