Business Checking
Every Meadows Bank Business Checking account includes:
- Online Banking w/ Bill Pay
Business Checking & Money Market
Money Markets
Every Meadows Bank Money Market account includes:
- Online Banking w/ Bill Pay
- Competitive Interest Rate Based on Balance
| Account Plans | Minimum Opening Deposit | Service Charge/More Information |
|---|---|---|
| Analysis Checking | $1,000.00 |
Charges are analyzed
Competitive Earnings Credit Rates*
|
| Business Checking | $1,000.00 |
$12.00 - waived for maintaining a minimum daily balance of $1,000.00
75 checks/debits per statement cycle**
|
|
IOLTA Preferred Checking
Interest On Lawyers Trust Account
|
$500.00 |
No service charge
Pays competitive interest rate
Unlimited checkwriting
|
| Money Market | $2,500.00 |
$12.00 - waived for maintaining a minimum daily balance of $2,500.00
|
*Earnings Credit is a variable rate and determined monthly.
**$0.20 per item in excess of 75.
Documents Needed to Open a Business Account
(may include, but are not limited to the following)
Sole Proprietorship
- Valid Business License, where applicable
- Proper identification for each signer on the account
- Fictitious Firm Name Filing
Partnership
- Valid Business License, where applicable
- Partnership Agreements
- Partnership Resolution
- Federal Taxpayer Identification Number
- Proper identification for each signer on the account
Corporation
- Valid Business License, where applicable
- Certificate of Incorporation
- Articles of Incorporation and Bylaws
- Federal Taxpayer Identification Number
- Corporate Resolution – available at bank
- Proper identification for each signer on the account
Limited Liability Corporation (LLC)
- Valid Business License, where applicable
- Certificate of Organization
- Articles of Organization
- Operating Agreement
- Federal Taxpayer Identification Number
- Proper identification for each signer on the account
Step away from the scanner!
mRDC allows our commercial account holders to quickly and easily deposit checks.