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.
Basic Business CheckingIf you have low transaction volume and want low cost
- $100 minimum opening deposit
- No minimum balance requirement
- No monthly service charge
- Up to 75 items free per statement cycle
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
Business Interest CheckingIf you have moderate transaction volume and want to earn interest
- $100 minimum opening deposit
- $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.
- RATE0.75%APY*0.75%
$0–24,999
- RATE0.85%APY*0.75-0.83%
$25,000–99,999
- RATE0.95%APY*0.83-0.90%
$100,000–249,999
- RATE1.40%APY*0.90-1.16%
$250,000–499,999
- RATE1.75%APY*1.16-1.73%
$500,000.00+
*Annual Percentage Yields (APYs) effective as of July 7, 2025, and subject to change without notice. Fees may reduce earnings.
Free Account Features
- Online banking
- Mobile banking and mobile deposit*
- Bill pay
- Online statements**
- Business Debit Mastercard®***
— Automatic Rebates – save on dining, gas, travel and more!
— Exclusive discounts from merchants like Intuit® Quickbooks® and Intuit® TurboTax®
— Mobile receipt management
— Mastercard ID Theft ProtectionTM
— $0 Liability for unauthorized charges
— Enhanced experiences and concierge service
— Enjoy fee-free access to cash at 40,000 MoneyPass® network ATMs in the United States.
Use your business debit card to give your business every advantage. Learn more at https://www.mastercard.us./businessoffers.
*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.
***Certain restrictions and limitations apply to these and other benefits. Full details will be provided when you become a Business Debit Mastercard cardholder.
Apply Online
Start your business application online. Don’t hesitate to reach out to our team if you have any questions.
Ask Us About Additional Business Services:
- Cash Management — a fully integrated desktop and mobile solution for tracking cash flow, ACH or wire payments, payroll and more.
- Online Deposit — convenient check scanning from your computer
- Web Payments — let your customers pay you online
- Merchant Card Services — accept card payments
- Insured Cash Sweep — FDIC protection on higher balances
Related Posts
The many benefits of a checking account
Checking accounts may have more benefits than you think. Learn about the different types of checking accounts and the benefits of using them.
Money Market Accounts: Your Guide To Finding the Best Options
No matter what life stage you’re in, you’re most likely putting money aside toward a goal.
What To Expect After Opening an Account: set up digital...
Want to get the most out of your new account? We put together some tips to maximize your digital banking and overall experience. Use this guide to learn what to expect before, during, and after opening a bank account with Bank Midwest.