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
    0.75%
    APY*
    0.75%

    $0–24,999

  • RATE
    0.85%
    APY*
    0.75-0.83%

    $25,000–99,999

  • RATE
    0.95%
    APY*
    0.83-0.90%

    $100,000–249,999

  • RATE
    1.40%
    APY*
    0.90-1.16%

    $250,000–499,999

     

  • RATE
    1.75%
    APY*
    1.16-1.73%

    $500,000.00+

*Annual Percentage Yields (APYs) effective as of August 15, 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:

Related Posts

Opening a Personal Bank Account: What You Need To Know

Money management and financial literacy rely heavily on how well an individual understands personal banking. That’s why you need a bank that’s ready and able to provide resources and guidance to help you make informed decisions. Learn the basics of opening a personal bank account at Bank Midwest.

The Business of Recreation: 5 Lessons from Randy Rohlfson, Emerald...

You can turn your favorite pastime into a flourishing business. Are you a bike enthusiast? A plant lover? A fitness fiend? For every hobby, there’s a business that supports it. Recreation businesses are flourishing, especially in the past decade, as people turn their hobbies into fulfilling careers.

Dream Big — Jensen Kennels

Like many business owners, Kasey Jenson turned her passion into a successful, growing business. Learn more about her start and recommendation for others thinking about starting a business.

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

Request a call back