Our New Business App
View accounts, review transfers & paymentsapprove transactions, deposit checks and more
An account your business can bank on.
You can count on MutualBank to continually deliver for your business no matter what comes your way.
BANKING WITH MUTUAL
Our Business Checking Accounts Come With
Online & Mobile Banking
Banking on your terms begins with a fully featured mobile app and online banking. We have them.
Access to 55,000 Surcharge-Free ATMs
Banking local doesn't mean staying local. Get cash wherever you go.
Our standard debit card is free but you also have the option to personalize your card with a photo you provide!
When we say thank you, we mean it. You can redeem points for travel, electronics, event tickets and more.
ONE SIZE DOESN`T FIT ALL
Business Checking Options
Business Checking with Interest
Business Money Market
Those who want a basic account with no minimum balance
Those with a large volume of checking activity
Those who want to earn interest on their checking account
Nonprofits, government or religious/community organizations
Those who want best interest rate and/or a temporary place for investments
Minimum to Open:
Online Banking & eStatements
Monthly Maintenance Charge
Can the maintenance charge be waived?
YesCan be offset by earnings credit*
Yesby maintaining a $1,000 monthly balance
YesBy maintaining a $5,000 monthly balance
YesBy maintaining a $2,500 monthly balance
Included Monthly Transactions
150 checks deposited / checks cleared
125 deposited and 125 checks processed / ACH withdrawals
500 deposit or withdrawal transactions
Unlimited in-person transfers; allows for 30 deposited items and 6 cleared items
Interest option available
Monthly 3 interest tiers
Monthly 6interest tiers
$5 after first 6 debits
$7 per transaction
$7 per transaction (3 allowed per month)
Sweep Option Available?
Return Item Fee
Yes; see explanation below
Minimum to Open
Can be offset by earnings credit*
by maintaining a $1,000 monthly balance
by maintaining a $5,000 monthly balance
Monthly 6 interest tiers
by maintaining a $2,500 monthly balance
Business Basics - Checks deposited / cleared after allotment:
$0.36 cents for additional check cleared after 150 monthly allotted items.
Business Checking with Interest - Checks deposited / cleared and ACH withdrawals after allotment:
$0.15 cents for each check deposited, check processed, or ACH withdrawal.
Community Checking - Checks deposited / cleared after allotment:
$0.18 cents for additional check deposited / check cleared after 500 monthly allotted items.
Money Market - Checks deposited / cleared after allotment:
$0.25 cents for each check deposited; $5 dollars for additional checks cleared after allotted items.
* Each month, an earnings credit will be computed based on the account's average collected balance less required reserves. Please ask about the current earnings credit rate.
**Money market sweep limitations
Ready to Open a Business Checking Account?
Call 765-283-0018 or visit any one of our financial centers to open a Business Checking Account.
What to have ready
FOR SMARTPHONES & TABLETS
Deposit checks from your device, send friends money instantly, view balances & transactions, transfer funds between accounts and more from our app!
Verified by Visa is an online security service to guard you against unauthorized use of your Visa card while shopping online at participating merchants. There is no need to get a new card, no software to download, no cost, and no hassles… just added security.
Get a text or an email whenever you pay with your MutualBank debit or credit VISA® card! Set up other alerts too to keep your account secure. It's free! (your phone provider's message and data rates may apply).