MCB Business Checking Accounts

MCB Business Plus*

MCB Business Plus is a checking account that allows your company to get more for your money than other traditional business checking account options. We offer product features that exceed those offered by most of our competitors.

You will enjoy the following added benefits offered through MCB Business Plus:

MCB Non-Profit Business Now**

MCB’s Non Profit Business Now account is an interest-based business checking account, with minimal requirements, for non-profit entities. It is geared toward the non-profit business that wants to immediately start earning interest while utilizing its checking account for cash flow needs.

MCB Non-Profit Business Now also offers the following added benefits:

MCB Interest Checking**

The MCB Business Interest Checking account is an interest based business checking account with minimal requirements. It is geared towards the business that wants to immediately start earning interest while utilizing their checking account for their cash flow needs.

MCB Business Interest Checking also offers the following added benefits:

MCB Commercial Advantage with Account Analysis***

MCB’s Commercial Advantage with Account Analysis allows a business to offset treasury management fees and transaction service charges by using the average collected balance maintained in its checking account. Instead of an account being “hard charged” and debited for services throughout the month, a running total, called “soft charges” is kept. At the end of the month the business receives an earnings credit on the average available balance in the account.

The following benefits are offered through MCB Commercial Advantage:

IOLTA (Interest on Lawyers Trust Account)†

An MCB IOLTA is the perfect solution for attorneys who must now comply with the Tennessee Bar Association and use interest-bearing legal trust accounts to hold client funds. MCB IOLTA accounts earn interest which is compounded daily, credited monthly and paid to the Tennessee Bar Association.

An MCB IOLTA account also offers the following benefits:

* A minimum opening deposit of $50 is required. A transaction fee of $0.25 per item will be applied for more than 750 items (including debits, credits, foreign items deposited, local items deposited and on us items deposited). Charges will apply for checks. Check prices vary depending upon the type and style of check. See an MCB representative for current check pricing options. You get five free transactions per month. A nominal fee will be charged for additional ATM transactions.
** A minimum opening deposit of $50.00 is required. A transaction fee of $0.10 per item will be applied for more than 750 items (including debits, credits, foreign items deposited, local items deposited and on us items deposited). A $15.00 service charge will apply if the daily minimum balance falls below $250.00. Interest is compounded daily and posts to the account monthly. Charges will apply for checks. Check prices vary depending upon the type and style of check. Certain restrictions apply.
*** A minimum opening deposit is required. Earnings credit calculated on average monthly collected balances based on the 90 day rolling treasury bill rate which may change from time to time. Charges will apply for checks. Check prices vary depending upon the type and style of checks. Certain restrictions apply.
†A minimum opening deposit of $100 is required. Interest is compounded daily and posts to the account monthly. Charges will apply for checks. Check prices may vary depending upon the type and style of check. Certain restrictions apply.