IntelliBank

M-Class IntelliBank is a personal financial management account program that enables you to make the most of your money. No worries and your money is always working in your best interest, literally.
  With a pre-established target balance on your M-Class checking account, the amount you need at your fingertips is always there.
  At the end of each business day any amount over the $500 target balance is automatically placed into your M-Class Safety Sweep Account. If the account balance would fall below zero, IntelliBank will simply draw the needed amounts from your Safety Sweep Account. If your SSA is low, money is moved automatically from your Home Equity or Personal Reserve Account into your M-Class Checking Account.

You will always know what your money is doing, and you can be assured that it will always be doing something for you. M-Class IntelliBank gives you the convenience of a checking account with daily online access to your checking and savings balances as well as automatic access to your Home Equity Line of Credit or Personal Reserve Account.
  Your money will earn consistent, competitive returns by automatically being deposited into your M-Class Safety Sweep Account. Because the M-Class IntelliBank process is completely automated, you will not be charged transaction fees and wire charges.
  Savings when you have it, credit when you need it, and the peace of mind when you spend, knowing your IntelliBank Account is keeping track of your money for you.

• $100 Minimum Balance to Open

• No Minimum Balance

• Free Personalized Checks

• Interest Bearing Account

• Free Internet Bill Pay

• Unlimited Checkwriting

• Free Internet and Telephone Banking

• Preferred Rate on New Installment Loans

• Discount on Mortgage Closing Cost

• Preferred Rate on Certificates of Deposit

• Local Merchant Discount Book

• No Fee Cashier's Checks & Money Orders

• $100 to open and earn interest

• Sweep transactions are unlimited. You may make twenty-five (25) debits (traditional checks, drafts, transfers made at an ATM, via telephone, or Internet banking) from your account for no charge. A $1.00 service charge will be assessed from each additional debit.

• Electronic Funds Transfers (EFTs), or those made at an ATM are unlimited. EFTs are any preauthorized or automatic payments, such as systematic savings and loan payment plans, or our sweep service.

There is no need to open a special account. You can upgrade your existing checking account by filling out the initial agreement and you are on your way to an M-Class IntelliBank Account. No phone calls. No daily account monitoring. No constant paperwork and you can always check your account status online.

• No Annual Fee

• Personal Financial ManagementAccount Program

• No Minimum Balance

• No Maintenance Fee

• Safety Sweep Account

• Free Checking Reconciliation Program

It happens to everybody. You have an unexpected expense or run across a bargain and the balance in your checking account just won't cover the amount you need. All too often, there's no time to go to the bank for a loan. That's why Mercantile developed the Home Equity Line of Credit and Personal Reserve Account... obtaining a loan is as easy as writing a check.

When you open a Home Equity Line of Credit or Personal Reserve Account, Mercantile sets aside a cash reserve that you can draw on whenever the need arises --household expenses, bill consolidation, furniture, appliances, unexpected medical or dental bills.
  When you need to write a check larger than the balance in your account, we transfer funds (in multiples of $100) automatically from your line of credit or personal reserve account into your account to cover your check. Just by writing a check, you've written yourself a loan --with no embarrassing overdrafts and confidentiality, too.
  Everything you want to know about your loan is clearly shown in your regular monthly statement --checking account balance, loan balance, repayment, finance charges and line of credit still available for use. You can even view your account online! Once your application is approved and your credit limit is determined, you decide how much, when, and why you will borrow, up to your established limit. You'll like this convenient aid to family money management.