Checking Choices for Your Business
Your business is unique; your checking account should be too. We designed our checking packages for low and high volume transactions.
Select I
This interest-earning account is designed for businesses that routinely receive and write a large number of checks.
Available to sole proprietorships and government agencies.
Select II
This ideal account is for businesses that routinely receive and write a large number of checks. It offers the option to offset any service charges with an earnings credit.
Available to corporations, partnerships, sole proprietorships and government agencies.
Select III
This interest-earning account makes sense for businesses with limited checking activity.
Available to sole proprietorships, non-profit organizations and government agencies.
Select IV
This is a cost-effective checking account for businesses that do not write or receive a large number of checks.
Available to sole proprietorships, corporations, partnerships, non-profit organizations and government agencies.
Bid pricing is available for businesses with a large volume of transactions.
Compare details of all of our Minnwest Checking Accounts!
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules. The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts. For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
