Minnwest Bank

Business Checking Accounts

Your business is unique and your business account should be, too.  We've designed our checking packages for business with low and high volume transactions.  Your Minnwest Bank Business Banker will work with you to determine the best combination of services for your business.

PROFILE  BASIC BUSINESS CHECKING BUSINESS CHECKING BUSINESS CHECKING PLUS COMMERCIAL CHECKING
Perfect for businesses with low monthly transactions and balances. For businesses with increased monthly transaction volume and balances. Best for Non-Profits, Sole Proprietors, and Public Organizations. Analyzed account best suited for business that have high transaction volumes.
BALANCE REQUIREMENT None $3,000 $1,500* None
MONTHLY MAINTENANCE FEE None $10.00 if minimum daily balance falls below $3,000 $10.00  $10.00
CHECK/DEBIT CHARGE  Combination of 150 items; $.35/Item after 150** Combination of 300 Items; $.35/Item after 300**  Combination of 100 Items; $.25/Item after 100**  $.15 per Item
DEPOSIT/OTHER CREDITS None  None  None  $.25 per Deposit
DEPOSIT ITEM CHARGE Combination of 150 Items; $.35/Item after 150**  Combination of 300 Items; $.35/Item after 300** Combination of 100 Items; $.25/Item after 100** $.05 per On Us Item; $.10 per Clearing/Transit Item
RETURNED DEPOSIT ITEMS $4.00 per Item  $4.00 per Item $4.00 per Item $4.00 per Item
EARNINGS CREDIT  None  None  None  Available
INTERST RATE  None  None  Money Market Checking Rate  None
RESERVES/DEPOSIT ASSESMENT  None  None  None  10%/ Monthly Ave. ledger balance/100 x current deposit assessment rate/365 x days in statement cycle
FLOAT OVERDRAFT ON UNCOLLECTED FUNDS  N/A  N/A  N/A  Wall Street Journal Prime + 2%
ADDITONAL FEATURES  Free Online Banking¹
Free Online Statements¹
Business Bill Pay²
Free Business Debit Card³
Business Credit Card† 
Free Online Banking¹
Free Online Statements¹
 Business Bill Pay²
Free Business Debit Card³
Business Credit Card† 
Free Online Banking¹
Free Online Statements¹
 Business Bill Pay²
Free Business Debit Card³
Business Credit Card† 
Free Online Banking¹
Free Online Statements¹
 Business Bill Pay²
Free Business Debit Card³
Business Credit Card†

 *Interest will be forfeited on the account if an average daily balance of $1,500 is not maintained during the statement period.  Fees could reduce earnings.
**Total number of items in any combination (checks written and deposited) that will be free each month.
¹Third party message, data, and/or internet service provider rates may apply. ²A monthly Bill Pay fee of $5.95 will be assessed for inactivity if you do not make at least one payment during the calendar month. ³Overdraft and Returned item fees may apply.  Bank fees (service charge, overdraft charge(s), return deposit item or stop payment) may cause additional fees to your account.  
† Subject to qualification.

Member FDIC