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Business Savings Accounts

Interest bearing accounts designed to help you build a secure financial future while maintaining easy, convenient access to your money.

Mercantile Business Savings Account Options

Our savings accounts include:

  • Minimum Opening Deposit of $50
  • ATM and Debit Cards
  • Remote Deposit Capture Services* to deposit checks electronically.
  • MercMobile® gives you the freedom to access account information and transfer money, all from your mobile phone or other mobile device.
Account Type Description Minimum Balance Fees Interest

Business Community Savings

A basic savings account designed to fit your savings needs. $200.00 average monthly balance Monthly maintenance fee can be waived if you maintain a $200.00 average monthly balance. Yes

Business Money Market*

Businesses seeking a higher rate of interest paid on deposits with limited transaction capabilities. $2,500 average monthly balance Monthly maintenance fee if account falls below $2,500 average available balance. $.12 per item deposited after 20 per statement cycle. Interest rates are based on tiered balances.

*Additional fees may apply.

Mercantile Business CD Account Options

Our CD account includes:

  • $500 Minimum Opening Deposit
  • Automatic renewal standard for your convenience
  • Ask about special rates and terms for $100,000+ CDs
Account Type Description Minimum Balance Fees Interest

Mercantile Business Certificates of Deposit

Flexible maturities range from 1 month to 60 months N/A N/A Call for current rates.

Disclosure: Account terms are subject to change. Additional fees may apply.