Hampton Branch Temporarily Closed
Our branch in Hampton is temporarily closed due to smoke damage. For service, please contact us or visit another nearby Merchants Bank location in Cannon Falls, Hastings or Northfield. Thank you.
Business Checking
Small Business Checking
At Merchants we know small businesses have big goals. That's why we offer a small business checking account to help you easily manage your day-to-day money needs.
Business Checking
Help your business work towards financial goals with the ease and convenience of our Business Checking account, tailored to meet the money management needs of businesses with higher transaction volume.
Interest-Bearing Business Checking
If interest on your checking is what you're looking for, our Interest-Bearing Business Checking account may be the perfect fit for your business.
Nonprofit Business Checking
As a financial partner for the community and a participating partner of many nonprofits, Merchants offers a Nonprofit Business Checking account to help enable your organization to do more good for your community.
Business Debit Card
Growing your business starts with accounts and tools that work for you. Use our Mastercard® Business Debit Card to make secure payments and get perks with the Easy Savings program.
Compare Business Checking Accounts
| Account Features | Small Business Checking | Business Checking | Interest Bearing Business Checking | Nonprofit Business Checking |
|---|---|---|---|---|
| Minimum Opening Deposit | $0 | $0 | $0 | $0 |
| Free Chip Debit Card with ATM Access and MasterCard® Easy Savings Program | ||||
| Monthly Fee | $0 | $8 | $8 | $8 |
| Monthly Free Transaction Items | ||||
| Per Transaction Charge | ||||
| Borrowed Funds Rate | n/a | Prime+3% | Prime+3% | Prime+3% |
| Earnings Credit | ||||
| Earns Interest | ||||
| Overdraft Line of Credit* | Available | Available | Available | Available |
| Contact UsLearn More | Contact UsLearn More | Contact UsLearn More | Contact UsLearn More |
*Subject to credit approval.