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!
|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|
|$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 $2,500 average balance in your business checking account||None|
|$.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|
|E-STATEMENTS COPIES||No Charge||No Charge||No Charge||No Charge||No Charge|
*Earnings credit applied based on monthly collected balance.