Our phone lines are currently down. We are working on the issue with our phone provider. Please use the Chat option on our website or log in to Online Banking or Mobile App and send a message or chat.
Explore business accounts to suit your needs.
Business Checking Accounts
Banking with a credit union is different from traditional banks. As a business, you’re a vital part of our community and we want to see you thrive. Discover our business bank accounts and see the credit union difference.
Compare BusinessAccounts
-
Regular Business Checking
It's one of the best business checking accounts because of its simplicity and flexibility. Enjoy a free Visa® Debit Card, online account access, free direct deposits, and no-surcharge ATM service.
- No minimum balance
- Minimum opening deposit $100
- First 500 transactions each month are free (a .05 cent fee will be charged for any additional transactions)
Business Dividend Checking
One of many reasons why credit union business banking is better. Get paid monthly dividends to manage your money when you maintain a daily minimum balance of $5,000. The rest is the same as the regular business checking account:
- First 500 transactions each month are free (a .05 cent fee will be charged for any additional transactions)
- Free Visa® Debit card
- Online account access
- Free direct deposits
- No-surcharge ATM service.
Non-Profit Business Checking
A unique account that is different from a traditional business account. With a Non-Profit Checking Account earn more for your mission. With 0.50%APY on balances up to $50,000 and 1.00%APY on balances over $50,000, making an impact with your non-profit is easier. Dividends are paid monthly on this account.
-
Business Savings Accounts
You can have peace of mind as you manage your money. All savings accounts provided by Mid Minnesota are insured by the National Credit Union Administration (NCUA), an agency of the federal government, for up to $250,000. Money Market Savings Account
Pays you a higher return on your funds without ever having to lock into a term. This account allows up to six account transactions a month by ATM, online banking and mobile app or by making an in-person visit to your local office.
Premium Money Market Savings Account
Looking to gain a higher return on your business savings? Earn 2.5%APY on your funds in a Premium Money Market Savings Account. With no minimum required to be in this account and a maximum of $1 million, you can make sure that your funds are working for your business. Dividends are compounded and paid monthly.
Requirements:
- Primary Business Checking account with MMFCU.
- A secondary business product (Must have one):
Business CDs
Use a Term Share account to lock in a higher interest rate for a specific time frame. With terms options of 3 to 48 months, there’s a term for every business owner’s needs.
Treasury Management Services
Whether you are looking for business credit card processing, merchant services for small businesses or cash management solutions, we have options to fit your business' unique needs.
Make Life Easier with an MMFCU Business Visa® Debit Card
Whether you are purchasing product, equipment or just lunch for your crew an MMFCU Business Visa® Debit Card is convenient and easy. Monitor your spending, set up alerts and controls and even lock and unlock the card all in Online Banking or on the Mobile App.
Why Choose MMFCU?
Peace of Mind
All credit union checking and savings accounts provided by Mid Minnesota are insured by the National Credit Union Administration (NCUA), an agency of the federal government, for up to $250,000.
Need help or have questions?
Chat with one of our expert staff:
APY= Annual Percentage Yield. Certain restrictions apply. All MMFCU business checking accounts require an initial deposit of $100.00 for Regular Business Checking and Non-Profit Business Checking and $5000.00 for Business Dividend Checking. With each checking account, you are required to open a share savings account (minimum balance $5). First 500 transactions each month are free; a .05-cent fee will be charged for any additional transactions. Non-Profit Business Checking balances up to $50,000 receive .50%APY and balances over $50,000 earn 1.00%APY interest rate on the portion of balance over $50,000. Dividends will be credited on the last calendar day of each month to the Non-Profit Business Checking account.
If balance exceeds $1 Million on Premium Business Money Market Savings, additional balance interest rate is the standard business money market rate.