Business Checking
Business Checking

Build the financial foundation of your business with a Midland checking account.

group meeting

A big deal for your small business.

writing down notes

Growing business, growing benefits.

business meeting

Works like an extension of your finance department.

business meeting

When you have excess cash & high activity.

Which is right for your business?

Check out our quick guide.

 

 

Pro Essential

Pro Interest

 

Best for entities with low activity and low balances.

Best for entities with moderate activity, higher balances and interest is important to them.

Opening Deposit

$100

$100

Minimum Balance Requirement

$0

$2,500 minimum daily balance or $10,000 daily balance in combined checking and savings accounts.

Monthly Maintenance Fee

$0

$15

Ways to Offset Fees

N/A

Fee is reduced by the interest credited to the account or maintaining the minimum balance requirement.

Free Transactions/Items per Month

350

250

Transaction/Item Charges Over Limit

$0.50 over 350

$0.25 over 250

 

Pro Connect

Pro Connect Sweep

Government Backed Sweep

 

Best for high activity, high balance, with more complex treasury service use.  This is an analyzed account. 

Best for customers with very large balances, generally $250,000 or more, and seeking collateralization for deposits in excess of FDIC limits.  

Best for Public Fund entities (commercial and businesses too) with very large balances, generally $250,000 or more, and seeking collateralization for deposits in excess of FDIC limits. 

Opening Deposit

$100

See a Treasury Services Relationship Manager

See a Treasury Services Relationship Manager

Minimum Balance Requirement

See a Treasury Services Relationship Manager for balance requirement calculations.

See a Treasury Services Relationship Manager for balance requirement calculations.

See a Treasury Services Relationship Manager for balance requirement calculations.

Monthly Maintenance Fee

$20

$20

$20

Sweep to Investment Account

 

$50

$50

Ways to Offset Fees

Fee is reduced by applying an earnings credit rate.
Earnings credit is set by bank and may change at any time.

   

Free Transactions/Items per Month

Per item charges apply but may be offset by balances.

   

Transaction/Item Charges Over Limit

Debits:
• Electronic item: $0.15 ACH item
• Paid item (checks and debits): $0.21

Credits:
• Electronic item: $0.15 ACH item
• Credits posted: $0.10 per On Us item / $0.12 per Not on Us Item
• Deposit ticket: $0.50 each
• Deposited item: $0.10 each in addition to credit / electronic credits posted