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.
Take control and manage your business' finances online - anytime, anywhere with our Business Online Banking.
Deposit checks, approve transfers, view balances and more - right from your phone - with the MutualBank Business App.
Our standard debit card is free but you also have the option to personalize your card with a photo you provide!
Banking local doesn't mean staying local. Get cash wherever you go.
ONE SIZE DOESN`T FIT ALL
On mobile devices, scroll through the account options by swiping to the left.
Business Checking with Interest
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
YES Can be offset by earnings credit*
YES by maintaining a $1,000 monthly balance
YES by maintaining a $5,000 monthly balance
Monthly 6 interest tiers
YES by maintaining a $2,500 monthly balance
Paper Statement Fee
If you are an owner or authorized signer on any MutualBank Business Checking account, a monthly paper statement fee of $5.00 applies if your business is not enrolled in eStatements.
Returned ACH Fee
A $10.00 fee per item will be assessed for ACH items that are returned.
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; ATM and EFT withrawals are not included in the transaction count for per item fees.
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
Apply online, 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
Keep tabs on all your MutualBank business accounts, ACH transfers, wire transfers, and more. Available for both Apple and Android smartphones and tablets.
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).