Business Banking /

Savings

Account solutions that grow as your business grows.

Savings Account Options

Important information for our business customers when opening a new deposit or loan account, or changing signers. Click here for more details

Business Community Savings

 
  • $50.00 minimum opening deposit
  • $5.00 monthly maintenance waived if maintain a $500.00 average available balance per statement cycle
  • Unlimited monthly transaction allowance..
  • Interest bearing
  • MoneyPass® ATM Network. No ATM transaction fees or surcharge fees at Mercantile Bank and MoneyPass® Network ATMs. (Find a MoneyPass® ATM)

Service charges subject to change

Business Money Market

 
  • $50.00 minimum opening deposit
  • $12.00 monthly maintenance waived if maintain a $2,500.00 average available balance per statement cycle
  • Monthly transaction allowances:
    • 10 free transfers or withdrawals, excess charged at $10.00 per item
    • 20 free items deposited, excess charged at $0.25 per item
    • $15,000.00 free in branch cash deposit allowance, excess charged at $0.20 per $100.00
  • Tiered interest rate
  • MoneyPass® ATM Network. No ATM transaction fees or surcharge fees at Mercantile Bank and MoneyPass® Network ATMs. (Find a MoneyPass® ATM)

Service charges are subject to change

 


© 2024 Mercantile Bank

BBB Accredited Business Equal Housing Lender Member FDIC

Please note that by using this link, you will be leaving Mercantile Bank's (the 'Bank') web site. The Bank takes no responsibility and makes no warranties, either expressed or implied, for any of the services, products or information available via this outside web site. The Bank is not responsible for and does not monitor the content, performance, policies (including any privacy policies) or administration of this outside web site, which are the sole responsibility of their creators and do not represent, explicitly or implicitly, positions, policies or opinions of the Bank, its affiliates, its employees or its Board of Directors.