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Checking Frequently Asked Questions Checking Savings Common Features

CHOOSE THE CHECKING ACCOUNT THAT IS RIGHT FOR YOU

Mound City Bank knows every business is different. That's why we offer a choice of business checking & investment accounts designed to help you meet your needs & reach your financial goals.

Business Checking
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Business Checking with Interest
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Small Business Checking

Business Checking
Designed for account activity of more than 25 debits per month
Account analysis feature which may actually reward you with an earnings credit based on your account
balance to offset:

Monthly Maintenance Fee:
Image E-Statement $4.00
Paper Image Statement $6.00

Business Checking with Interest
Available to qualified businesses looking to earn interest on their excess balances
Tiers to earn higher rates of Interest:
     Tier 1      $50,000.00 and over
     Tier 2      $10,000.00 - $49,999.99
     Tier 3      $1,500.00 - $9,999.99

No interest paid if daily balance falls below $1,500.00

Account analysis feature which may actually reward you with an earnings credit based on your account balance to offset:

Monthly Maintenance Fee:
Image E-Statement $10.00
Paper Image Statement $12.00

Small Business Checking
w   FREE Online Bill Payment
w   Designed for limited activity that offers 25 FREE debits per month
w   50 FREE deposited items per monthly statement cycle
w   Debits over 25 or deposited items over 50 per statement cycle are $0.20 each
w   Minimum deposit of $100.00 to open
w   $7.00 monthly maintenance fee if daily balance falls below $500.00
w   Image Statement option of $7.00 per statement
w   FREE E-Statement

 
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