Personal Banking /

Checking

A range of options for your unique needs.

Mercantile is the bank that focuses on you — your responsibilities, your goals, your dreams for the future. We offer a wide range of personal deposit account options to help meet your unique needs.

Features and Benefits

24 Hour Access

 

Budgeting Tool

 

Mobile Banking

 

Personal Payments

 

Overdraft Protection

 

Mercantile Checking Account Options

MercPerks® Plus Checking

Mercantile's MercPerks® Plus account is designed to maximize savings and security. MercPerks® benefits include; Ultimate ID® Plus Identity Theft Solution, travel benefits, discounts on entertainment, cell phone protection and cash back rewards from over 3,000 online merchants.

Minimum Opening Deposit
$25
Recurring Fee
$8.95 monthly or $100.00 annually*
Interest Paid
  • Earn up to 3.00% Annual Percentage Yield on balances up to $15,000.00 with eStatement enrollment and $500.00 in monthly ACH deposits.
  • Earn an additional 1.00% Annual Percentage Yield on entire MercPerks® Plus account balance when primary account owner's total deposit relationship is $100,000.00 or more.
Loan Discount
0.25% interest rate discount on new consumer installment loan rates.

Benefits for customers with $250,000.00 or more in personal deposit balances
  • 0.25% interest rate bump on stated Personal Money Market rates.
  • 0.25% interest rate bump on stated Retail CD rates (excludes CD Promotions, Flex CD, Add-to CD, and CD automatic renewals).
MoneyPass® ATM Network
No ATM transaction fees or surcharge fees at Mercantile Bank and MoneyPass® Network ATMs. (Find a MoneyPass® ATM)

*Optional annual fee payment method; requires signed enrollment form. Refunds of annual fee will not be given if account is closed or converted to a new product.

Explore MercPerks® Benefits
 
Apply Online for MercPerks® Plus Checking Calculate Your Savings! for MercPerks® Plus Checking Account Disclosures for MercPerks® Plus Checking

Community Checking

A simple account that meets your banking needs. 

Minimum Opening Deposit
$25
Recurring Fee
$5.95 monthly fee waived if at least one of the requirements below are met:
  • Primary account holder is age 62 or older
  • Account is enrolled in eStatements
  • An average balance of $1,000.00 maintained per statement cycle
Fee is also waived for any Active Military or Military Veterans (with proof of service documentation)
MoneyPass® ATM Network
No ATM transaction fees or surcharge fees at Mercantile Bank and MoneyPass® Network ATMs. (Find a MoneyPass® ATM)
MercPerks® Benefits
MercPerks® benefits can be added for an additional fee.

Explore MercPerks® Benefits
Apply Online for Community Checking Account Disclosures for Community Checking

MercStartTM Account

An account designed for students age 13 to 17 that provides the convenience of a traditional checking account while encouraging healthy banking habits.

Minimum Opening Deposit
$25
Recurring Fee
$4.95 monthly fee waived if at least one of the requirements below is met:
  • Primary account holder is under the age of 18 years old
  • Primary account holder is between the ages of 18-25 years and account is enrolled in eStatements
Savings Perk
0.25% interest rate bump on new Standard Retail Certificate of Deposits (excludes CD promotions, Flex CD, Add-To CD and CD automatic renewals.)
MoneyPass® ATM Network
No ATM transaction fees or surcharge fees at Mercantile Bank and MoneyPass® Network ATMs. (Find a MoneyPass® ATM)
MercPerks® Benefits
MercPerks® benefits can be added for $4.95/month.

Explore MercPerks® Benefits

This account requires a parent or legal guardian to be a co-owner until age 18.

Apply Online for MercStartTM Account Account Disclosures for MercStartTM Account

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