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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 CHECKING BUSINESS INTEREST REWARD CHECKING BUSINESS RELATIONSHIP CHECKING SMALL BUSINESS INTEREST CHECKING FREE SMALL BUSINESS CHECKING
DESCRIPTION A non-interest account for corporations and businesses with higher check volumes and account balances An interest bearing account that rewards the business customers with interest on balances A non-interest account that offers more benefits based on having other bank relationships An interest bearing account for those businesses with lower transactions volumes A non-interest checking account designed for basic business needs based on lower transaction volumes
EARNINGS CREDIT* Yes Interest is earned None Interest is earned None
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 account None
WITHDRAWALS / CHECKS WRITTEN / ELECTRONIC DEBITS $.10 each 700 total transactions at no charge-above 700 there is a charge of $.25 per transaction 1,000 total transactions at no charge-above 1,000 there is a charge of $.25 per transaction 150 total transactions at no charge- above 150 there is a charge of $.25 per transaction 150 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 COPIES No Charge No Charge No Charge No Charge No Charge
DESCRIPTION
HIGH VOLUME BUSINESS CHECKING A non-interest account for corporations and businesses with higher check volumes and account balances
BUSINESS INTEREST REWARD CHECKING An interest bearing account that
rewards the business customers with
interest on balances
BUSINESS RELATIONSHIP CHECKING A non-interest account that offers more benefits based on having other bank relationships
SMALL BUSINESS INTEREST CHECKING An interest bearing account for those businesses with lower transactions volumes
FREE SMALL BUSINESS CHECKING A non-interest checking account designed for basic business needs based
on lower transaction volumes
EARNINGS CREDIT*
HIGH VOLUME BUSINESS CHECKING Yes
BUSINESS INTEREST REWARD CHECKING Interest is earned
BUSINESS RELATIONSHIP CHECKING None
SMALL BUSINESS INTEREST CHECKING Interest is earned
FREE SMALL BUSINESS CHECKING None
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)
SMALL BUSINESS INTEREST CHECKING $5.00 (waived when you maintain $2,500 average balance in your business checking account
FREE SMALL BUSINESS CHECKING None
WITHDRAWALS / CHECKS WRITTEN / ELECTRONIC DEBITS
HIGH VOLUME BUSINESS CHECKING $.10 each
BUSINESS INTEREST REWARD CHECKING 700 total transactions at no charge-above 700 there is a
charge of $.25 per transaction
BUSINESS RELATIONSHIP CHECKING 1,000 total transactions at no charge-above 1,000 there is a charge of $.25 per transaction
SMALL BUSINESS INTEREST CHECKING 150 total transactions at no charge- above 150 there is a charge of $.25 per transaction
FREE SMALL BUSINESS CHECKING 150 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  
SMALL 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
SMALL BUSINESS INTEREST CHECKING $250,000
FREE SMALL BUSINESS CHECKING $250,000
E-STATEMENTS COPIES
HIGH VOLUME BUSINESS CHECKING No Charge
BUSINESS INTEREST REWARD CHECKING No Charge
BUSINESS RELATIONSHIP CHECKING No Charge
SMALL BUSINESS INTEREST CHECKING No Charge
FREE SMALL BUSINESS CHECKING No Charge


*Earnings credit applied based on monthly collected balance.