Business Checking & Money Market

Business Checking

Every Meadows Bank Business Checking account includes:
  • Online Banking w/ Bill Pay

Money Markets

Every Meadows Bank Money Market account includes:
  • 6 Debits/Transfers Per Statement Cycle*
  • 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

*Federal regulations allow only six withdrawals or transfers per statement cycle. A $25.00 withdrawal fee will be charged for each excessive transaction.
**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
Man making remote deposit in a restaurant

Step away from the scanner!

mRDC allows our commercial account holders to quickly and easily deposit checks.