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Business Checking Options

Minnesota National Bank has designed five checking options to meet the needs of our business customers.

Whether you prefer a basic account or a complete package of services, the right checking account is here for you!

 HIGH VOLUME BUSINESS CHECKINGBUSINESS INTEREST REWARD CHECKINGBUSINESS RELATIONSHIP CHECKINGBUSINESS INTEREST CHECKINGFREE SMALL BUSINESS CHECKING
DESCRIPTIONA non-interest account for corporations and businesses with higher check volumes and account balancesAn interest bearing account that rewards the business customers with interest on balancesA non-interest account that offers more benefits based on having other bank relationshipsAn interest bearing account for those businesses with lower transactions volumesA non-interest checking account designed for basic business needs based on lower transaction volumes
EARNINGS CREDIT*YesInterest is earnedNoneInterest is earnedNone
MONTHLY MAITENANCE FEE$7.50$10.00 (waived when you maintain $5,000 in business checking or $10,000 in savings or business CD, or $20,000 in a business loan$7.50 (waived when you maintain $5,000 in business checking or $10,000 in savings or business CD or $20,000 in a business loan)$5.00 (waived when you maintain $2,500 average balance in your business checking accountNone
WITHDRAWALS / CHECKS WRITTEN / ELECTRONIC DEBITS$.10 each700 total transactions at no charge-above 700 there is a charge of $.25 per transaction1,000 total transactions at no charge-above 1,000 there is a charge of $.25 per transaction150 total transactions at no charge- above 150 there is a charge of $.25 per transaction150 total transactions at no charge- above 150 there is a charge of $.25 per transaction
CHECKS DEPOSITED$.05 each    
DEPOSITS MADE / ELECTRONIC CREDITS$.15 each    
FDIC COVERAGE$250,000$250,000$250,000$250,000$250,000
E-STATEMENTS COPIESNo ChargeNo ChargeNo ChargeNo ChargeNo Charge
DESCRIPTION
HIGH VOLUME BUSINESS CHECKINGA non-interest account for corporations and businesses with higher check volumes and account balances
BUSINESS INTEREST REWARD CHECKINGAn interest bearing account that
 rewards the business customers with
 interest on balances
BUSINESS RELATIONSHIP CHECKINGA non-interest account that offers more benefits based on having other bank relationships
BUSINESS INTEREST CHECKINGAn interest bearing account for those businesses with lower transactions volumes
FREE SMALL BUSINESS CHECKINGA non-interest checking account designed for basic business needs based
 on lower transaction volumes
EARNINGS CREDIT*
HIGH VOLUME BUSINESS CHECKINGYes
BUSINESS INTEREST REWARD CHECKINGInterest is earned
BUSINESS RELATIONSHIP CHECKINGNone
BUSINESS INTEREST CHECKINGInterest is earned
FREE SMALL BUSINESS CHECKINGNone
MONTHLY MAITENANCE FEE
HIGH VOLUME BUSINESS CHECKING$7.50
BUSINESS INTEREST REWARD CHECKING$10.00 (waived when you maintain $5,000
 in business checking or $10,000 in savings or business CD, or $20,000 in a business loan
BUSINESS RELATIONSHIP CHECKING$7.50 (waived when you maintain $5,000 in business checking or
 $10,000 in savings or business CD or $20,000 in a business loan)
BUSINESS INTEREST CHECKING$5.00 (waived when you maintain $2,500 average balance in your business checking account
FREE SMALL BUSINESS CHECKINGNone
WITHDRAWALS / CHECKS WRITTEN / ELECTRONIC DEBITS
HIGH VOLUME BUSINESS CHECKING$.10 each
BUSINESS INTEREST REWARD CHECKING700 total transactions at no charge-above 700 there is a
 charge of $.25 per transaction
BUSINESS RELATIONSHIP CHECKING1,000 total transactions at no charge-above 1,000 there is a charge of $.25 per transaction
SMALL BUSINESS INTEREST CHECKING150 total transactions at no charge- above 150 there is a charge of $.25 per transaction
FREE SMALL BUSINESS CHECKING150 total transactions
 at no charge- above 150 there is a charge of $.25 per transaction
CHECKS DEPOSITED
HIGH VOLUME BUSINESS CHECKING$.05 each
BUSINESS INTEREST REWARD CHECKING 
BUSINESS RELATIONSHIP CHECKING 
SMALL BUSINESS INTEREST CHECKING 
FREE SMALL BUSINESS CHECKING 
DEPOSITS MADE / ELECTRONIC CREDITS
HIGH VOLUME BUSINESSCHECKING$.15 each
BUSINESS INTEREST REWARD CHECKING 
BUSINESS RELATIONSHIP CHECKING 
BUSINESS INTEREST CHECKING 
FREE SMALL BUSINESS CHECKING 
FDIC COVERAGE
HIGH VOLUME BUSINESS CHECKING$250,000
BUSINESS INTEREST REWARD CHECKING$250,000
BUSINESS RELATIONSHIP CHECKING$250,000
BUSINESS INTEREST CHECKING$250,000
FREE SMALL BUSINESS CHECKING$250,000
E-STATEMENTS COPIES
HIGH VOLUME BUSINESS CHECKINGNo Charge
BUSINESS INTEREST REWARD CHECKINGNo Charge
BUSINESS RELATIONSHIP CHECKINGNo Charge
BUSINESS INTEREST CHECKINGNo Charge
FREE SMALL BUSINESS CHECKINGNo Charge



*Earnings credit applied based on monthly collected balance.