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Freedom Business Money Market Accounts from Mercantile Bank

A secure savings option offering liquidity and a competitive rate of return.

Click here to learn more about FDIC Insurance Coverage.

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Open an account
Call 800.238.8681 or stop by a local branch.

Details

Available to:

All business entities

Minimum Opening Deposit

$100

Monthly Transactions (includes credits and items deposited)

50 Free

$.50 per transaction fee for items above limit

Balance to avoid monthly maintenance fee

$2,500

Monthly Maintenance Fee

$12

Interest

Interest compounded daily on account balance.

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Benefits
Free Online Banking
Competitive tiered interest rates on higher balances
Limited check writing
Related Products and Services

Preferred Business Checking
Analysis Business Checking
Business Interest Checking
Commercial Loans

Federal regulation limits transfers or withdrawals to six per monthly cycle by means of a preauthorized (includes overdraft transfers), automatic, or telephone transfer (includes online transfers) to another account of yours or to a third party and by check, debit card, or similar order to a third party. A fee of $10 per item will apply for exceeding transaction limits. Click here to learn more about Regulation D.

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Health Savings Accounts
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