Affordable, convenient and accurate – that covers the basics
A checking account is much more than just a way to pay bills … it’s your company’s lifeline to suppliers and customers. And, it’s your most visible link to us, your banking partner.
To help you maximize the financial potential of your business, Midwest BankCentre developed a variety of checking accounts that deliver flexibility and security. Business checking accounts include options for Internet banking and online bill pay, image statements, complimentary consultations with our cash management experts, and more.
We help you select the best account for your business’s needs. Provide us with the estimated number of payments you receive, payments you make and checks per deposit transaction, along with an approximate balance amount. We’ll perform a detailed analysis and identify the most cost-effective business checking account for your needs.
Choose the account that best fits your business' needs:
| Small Business Checking | Foundation Business Checking | Premium Business Checking | Checking w/ Interest for Nonprofits | Business Savings | Business Money Market | |
|---|---|---|---|---|---|---|
| Monthly Minimum Balance Fee | None1 | $25 |
$21 monthly maintenance fee (may be offset by Earnings Credit Allowance3)
$0.12 per deposited item
$0.19 per debit or check paid
$0.45 per credit or deposit
|
$10 | $3 | $10 |
| Minimum Balance Required to Avoid Fee |
None
|
$5,000
|
None
|
$2,500
|
$100
|
$1,000
|
| Transaction Limits |
1502
($0.50 fee per transaction after 150)
|
3002
($0.45 fee per transaction after 300)
|
Unlimited | Unlimited |
Subject to Regulation D4
|
25 deposited items free; $0.10 each thereafter; subject to Regulation D4
|
| Interest Bearing | No |
No | No | Yes | Yes | Yes |
| Paper Statement Fee | $5 per month | $5 per month | $5 per month | $5 per month | $5 per month | $5 per month |
| Paperless Statement | Free | Free | Free | Free | Free | Free |
- Free Debit Card
- Surcharge Free ATMs
- Mobile and Online banking
- Fraud Detection
Interested in one of our checking products?
Please share a few details here and a business banker will be happy to assist you.
3 - Customers in the Premium Business Checking are rewarded for retaining higher account balances. Each month, we credit your account with an earnings credit, based on your average account balance. You can use this earnings credit to offset your activity expenses, such as monthly account fees and treasury management fees. 4 - Federal Regulation D limits preauthorized, automatic, telephone, electronic (including ACH), online and other transfers and withdrawals not made in person or by ATM or by third-party check, draft, debit card or similar order (including POS transactions) to six per month.
