Deposit Services: For Your BusinessA A

Business Checking Accounts

Mercantile Bank is dedicated to meeting all of your financing and banking needs. Whether you are just getting started, growing a small business, managing a not-for-profit, or running a large corporation, we have a business checking account designed to help keep you moving full steam ahead. Other services and investment options are also available, so please let us know what your opportunities and challenges are, because...when we say we can help,we mean BUSINESS!

Apply Now Start-Up
Checking
Business
101
Corporate Checking Community Checking

Checking Basics

Minimum Opening Deposit $100 $100 $100 $100
Minimum Daily Balance to Avoid Monthy Service Charge $0 $0 n/a $0
Monthly Maintenance Fee $0 $0 $20.00 $0
Number of Transactions Allowed without Charge (Includes checks written, deposits made, and deposited items) Unlimited 300 0 300
Excess Transaction Fee Per Additional Item $0 $0.30 $0 $0.30
Per Check Fee $0 $0 $0.15 $0
Per Deposit Fee $0 $0 $0.15 $0
Deposited Item Fee (This fee is in addition to the Per Deposit Fee, and is assessed accordingly for each item within a deposit) $0 $0 $0.10 per foreign and local item, $0.05 for MB item $0
Earnings Credit Rate to Offset Fees None None Corporate Analysis Rate* None
Minimum Daily Balance to Earn Interest n/a n/a n/a $1,500
Apply Now Start-Up
Checking
Business
101
Corporate Checking Community Checking

Optional Banking Services

Online Banking Free Free Free Free
Online Bill Pay Free Free Free Free
Online Cash Management (Includes unlimited payroll, ACH origination, and domestic wire transfers originated from within the Online Cash Management service) Free for first 90 days, $19.95 per month with unlimited transactions thereafter Free for first 90 days, $19.95 per month with unlimited transactions thereafter Free Free for first 90 days, $19.95 per month with unlimited transactions thereafter
Mobile Banking** Free Free Free Free
Mobile Deposit (See us for pricing details and restrictions.) Available Available n/a Available
Remote Deposit (See us for pricing details and restrictions.) Available Available Available Available
Financial Connection Telephone Banking Free Free Free Free
Analysis Statement n/a n/a Free n/a
eStatements Free Free Free Free
Sweep Service (Savings and/or money market account transactions limits and excess transactions fees still apply.) Free Free Free Free
Night Shift Cash Management Service (per month; with one-time $100.00 Set-up fee) n/a $25 $25 $25
ACH Origination Including Direct Deposit Payroll (per file) $20 $20 $20 $20
Per ACH Transaction Fee $0.10 $0.10 $0.10 $0.10

* The Corporate Analysis Rate is subject to change daily and is listed on the Deposit Rate Sheet available online or by calling or visiting any branch.

**Your provider's standard data and text messaging fees may apply.