Business Checking Accounts
We know that the checking products you use need to fit your type of business, cash flow model, and goals. We provide the account choices, product features, and supporting services to suit your business needs at every stage of your company's operation. All Monarch Bank business customers have access to the following account benefits:
- Free standard Internet Banking
- Optional Internet Cash Management Services
- Free Night Deposit Services
- 3-page, one-write and computer checks available
- Free 24 Hour Telephone Banking and local customer service
- Only $100 to open any account
- Monthly statement with imaged checks
Free Business Checking
Our worry-free business account for the business with limited check and deposit volumes that requires no minimum balance. Clear up to 175 deposits, deposit items, or checks per month at no cost. Items over 175 cost only $0.25 per item.
Monarch Business Checking
Our best-selling business checking solution for moderate check and deposit volumes. Clear up to 500 deposits, deposit items, or checks per month at no cost. Items over 500 cost only $0.25 per item. Select an optional Line of Credit Sweep or Internet Cash Management Services to maximize your account flexibility. Maintain only a $2,500 minimum balance to avoid any monthly maintenance charges.
Monarch Commercial Checking
An account for high volume business accounts that rewards you for balances that can offset transaction costs. Monarch has priced their services below those of most other banks in the marketplace to make this an attractive alternative. Benefits include an earnings credit, competitive fee structure, optional line of credit sweep, optional internet cash management services, and optional zero balance account feature for multiple account flexibility.
Escrow Advantage
A checking account specially designed for company's responsible for managing escrow accounts, like attorneys, title companies, and real estate companies. Receive our premium Internet Cash Management Services, including on-line wire transfer and account transfer capabilities, at no cost. On-line wire transfers are also performed at no cost, saving you a substantial savings over your current bank. Select an optional Line of Credit Sweep or Internet Cash Management Services to maximize your account flexibility. Maintain $25,000 or more in daily balances to avoid a maintenance fee.
See a monarch Bank Representative for details on these and other account solutions.
