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Business Savings from Mercantile Bank

A safe way to earn interest on excess cash with easy access to funds.

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)

Unlimited

Balance to avoid monthly maintenance fee

$300

Monthly Maintenance Fee

$5

Withdrawal Fee

$3 per withdrawal over limit of 2 per month

Interest

Interest compounded daily on account balance.

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

Free Business Checking
Small Business 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. Fees may apply for exceeding transaction limits. Click here to learn more about Regulation D.

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