Business Accounts

MidAmerica National Bank 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 MidAmerica National Bank's most modern, efficient methods of cash management. Click here to learn more about Business Cash Manager.

Deciding on the right account is a crucial first step - contact a Business Banking Associate at (877) 647-5050 to get started today.

Small Business Checking
For sole proprietorships, start-ups and small businesses with low monthly check transactions and deposits. With the Small Business Checking account you can avoid monthly fees based on 500 or fewer transactions each month.

Business Checking
For businesses with moderate to high monthly check transactions and deposits. Business Checking is ideal for businesses who will have more than 500 transactions each month. 

Business Analysis Checking
For businesses with higher volume of activity, the Business Analysis Checking account features a fully automated analysis to determine the monthly service charge and transaction fees.

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. 

Insured Money Market Accounts (IMMAs)
IMMAs 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 N.O.W. account. A minimum balance of $2,500 is required to earn the Money Market rate (which is subject to change).

Transfers from IMMAs 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.

Monthly Statement Delivery

Because you have unique business needs, we offer three convenient ways for you to receive your monthly statements.

Paper Statements
Monthly paper statements showing all activity and check images are delivered through the U.S. postal service.

eStatements
You will receive notification via email when your monthly eStatement showing all activity and check images is available for viewing in Online Banking.

Statements on Disk
If your business needs to go beyond simple checkbook balancing, a monthly disk may be the way to simplify your accounting. For $15 per disk, you can receive your monthly statement including images of all your financial documents. Each disk you receive will include:

  • Complete monthly statements showing all activity. 
  • Images of all checks. 
  • Images of all deposit tickets. 
  • Images of all credit transactions.
  • The ability to sort information by date, check number, and dollar amount. 
  • The ability to export data to Excel.