Business Accounts

At Merchants National Bank we have several business account options to choose from. Our accounts are designed to meet the needs of our customers and their banking preferences.


Business Checking

All Business Checking accounts at MNB come with the following benefits:

  • Free Online Banking
  • Free Telephone Banking
  • Unlimited Debit Card Transactions
  • Monthly Statements
  • Unlimited Check Writing
  • Online Bill Pay1
  • Overdraft Options Available
FeatureBusiness CheckingPersonal BusinessBusiness NOWInsured Money Market
Business Type Businesses/Corporations/Incorporated Associations Sole Proprietorships Sole Proprietorships/Non-Profits/Public Entities All Business Types
Minimum to Open $100 $100 $100 $100
Interest No No Yes Yes
Reserve Required 10% of Average Collected Balance Does Not Earn No No No
Minimum Balance Requirement  No $5,000 $5,000 $1,000 
Monthly Service Fee $15 $152 $152 $102
Cost Per Item
  • $0.17/Debit
  • $0.35/Credit
  • $0.15/Deposit3
  • $0.02/Debit
  • $0.02/Deposit4
6 Free Withdrawals/month5
Check Orders Customer Purchases Customer Purchases Customer Purchases Customer Purchases

1 Fees may apply
2 If balance falls below minimum balance requirement
3 Earnings credit based on account activity
4 Per item fees waived if minimum balance requirement is maintained
5 $10/month if withdrawals exceed 6

Business Savings

  • Available to all business types
  • Interest bearing
  • $200 Minimum balance requirement
  • $4 Monthly service fee1
  • 6 Free withdrawals/month2

1 If balance falls below minimum balance requirement
2 $4 Monthly fee if withdrawals exceed 6



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