MutualBank provides a variety of deposit products for the small business owner. From our Business Free Checking to Business Checking with Interest, our checking account programs offer business owners a solution to fit their needs. We also offer a special Community Checking for non-profits and a competitive rate Money Market account. Browse below for more details on our business deposit options.

Business Free Checking
Tired of paying fees on your business checking account? Business Free is designed to provide you with the ultimate value. This account offers month-end statements and simplified fees.

• No minimum balance
• First 250 deposited items and checks cleared are free
• With Bill Pay, first 400 deposited items and checks cleared are free

Business Checking
Does your business have a large volume of checking activity?

• Business Checking offers no minimum balance requirements and an opportunity to reduce or offset fees through the earnings credit*
• Business Checking also allows the opportunity to earn interest once the service fees are offset. 
• Account can be linked to the Business Money Market or lines of credit allowing for overdraft protection

Business Checking with Interest
This account offers sole-proprietors and not-for-profit entities the opportunity to earn interest on their checking account.

• $1,000 minimum balance requirement to earn interest
• A monthly fee will be charged if the balance falls below $1,000
• First 125 combined deposited items and checks cleared are free
• First 300 combined deposited items and checks cleared are free with Business Bill Pay

Community Checking
Our Community Checking allows the not-for-profit organization, government or church/religious community access to their funds anytime with minimal fees and a competitive rate of interest.

• $5,000 minimum balance requirement to avoid monthly service fee
• A monthly fee will be charged if the balance falls below $5,000
• First 500 combined deposited items and checks cleared are free

Business Money Market
Business Money Market is ideal for those interested in earning a good rate with accessibility to funds or a temporary place for investments. Interest is compounded monthly and is periodically determined by the bank.

• If the balance drops below $2,500, there is a monthly fee.
• Withdrawals or other transfers (from a Business Money Market account to another account or third parties by preauthorized, automatic, telephone or computer transfer) are limited to six per month with no more than three by check, draft or similar order to third parties.
• Unlimited in-person transfers.

* Each month, an earnings credit will be computed based on the accountÕs average collected balance less required reserves. Please ask about the current earnings credit rate.