MNB offers a variety of accounts to meet your unique business needs. These accounts provide a safe, convenient depository for commercial receipts, as well as an easy method for paying bills and meeting payrolls. Customers also gain access to MNB’s most modern, efficient methods of cash management with Business Cash Manager
. Opening an account is the first step to a great relationship!
Small Business Checking
For sole proprietorships, start-ups and small businesses with low monthly check transactions and deposits.
For businesses with moderate to high monthly check transactions and deposits.
Business Analysis Checking
The Business Analysis Checking account features a fully automated analysis to determine the monthly service charge and transaction fees and a potential for earnings credit based on account balance to offset certain charges.
Sweep Investment Checking
Electronically moves excess collected funds from your non-interest bearing checking account to an investment account that earns interest. The funds are moved back into the checking account to meet activity demands as checks are presented to the account.
Only funds in the business checking account are FDIC insured. Funds "swept" to the money market investment account are not FDIC-insured, might lose value, and have no bank guarantee.
Money Market Accounts (MMAs)
MMAs are designed for customers who have a large amount of money to invest, yet need ready access to their funds. These accounts typically earn a higher rate than a regular savings or NOW account. A minimum balance of $2,500 is required to earn the MMA rate (which is subject to change).
Transfers from MMAs to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to six per statement cycle. If balance falls below $2,500.00, a $10.00 fee will be charged per month with no interest paid. Subject to credit approval.
Get Started Now