Text Scam Alert

We’ve heard several reports of local customers receiving alarming text messages that appear to be sent by Bank Midwest questioning a fraudulent transaction. These text messages are scams and contain a link to a fake website requesting online banking credentials.

  • Do not click the link.
  • Do not enter your username and password.
If online banking credentials were submitted, please call Bank Midwest 888.902.5662 as soon as possible.

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Business Banking

We have accounts to fit any business.

From a low-cost option for companies that want to avoid fees, to an account for high-transaction volume, or an interest-earning account that rewards high balances.

Find a location near you

  • Checking Icon

    Basic Business CheckingIf you have low transaction volume and want low cost

    • $100 minimum opening deposit
    • No minimum balance requirement
    • No monthly service change
    • Up to 75 items free per statement cycle
  • Checking Icon

    Business CheckingHandle high-volume transactions and reduce or eliminate fees

    •  $100 minimum opening deposit
    •  No minimum balance requirement
    • $5 monthly service charge which can be partially or completely offset by balance and transaction activity
  • Checking Icon

    Business Interest CheckingIf you have moderate transaction volume and want to earn interest

    •  No minimum opening deposit or balance
    •  $10 monthly service charge unless there is a minimum balance of $25,000 or commercial loan with us in good standing
    • Automatically earn interest based on your account balance

Business Interest Checking

Business Interest Checking is built to reward people like you who have a passion for what they do, care about the future, and make wise business decisions.

  • RATE
    0.55%
    APY*
    0.55%

    $0–24,999

  • RATE
    0.65%
    APY*
    0.55-.63%

    $25,000–99,999

  • RATE
    0.75%
    APY*
    0.63-.70%

    $100,000–249,999

  • RATE
    0.95%
    APY*
    0.70-.83%

    $250,000–499,999

     

  • RATE
    1.40%
    APY*
    0.83-1.38%

    $500,000.00+

*Annual Percentage Yields (APYs) effective as of April 23, 2023, and subject to change without notice. Fees may reduce earnings.

Free Account Features

  • Mastercard® debit card
  • Online banking
  • Mobile banking and mobile deposit*
  • Bill pay
  • Online statements**

 

*There is no fee from Bank Midwest. Connectivity and usage rates may apply. Contact your wireless provider for more details.

**Paper statements optional for $3 per month.

Other business services available:

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Have a question? Talk to a business specialist about finding the right account and digital services for your business.

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