Business Checking Accounts
Monroe Bank & Trust offers a variety of checking accounts that can benefit your business, no matter what size you are or how much you want to grow.
Smart Business Checking
This comprehensive checking account is designed for small businesses. You’ll enjoy access to Business Sense featuring a suite of benefits to help small business owners take control of data and system security, financial performance, and profitability in one comprehensive account, while providing valuable lifestyle and health and wellness benefits to employees.
• Low monthly fee applies
• No minimum balance required
• Convenient for small and new businesses
• 200 free items per statement cycle
• Cash-in processing fee applies
• Access to Business Sense Rewards and FINSYNC
Business Sense –Rewards Employers
Cyber Monitoring & Identity Management Center
• Defend –monitor the depths of the web for compromised business information, and get alerted promptly if we find a match.
• Restore –access to specialists who can help determine if there has been identity theft and guide you through the necessary restoration activities.
• Data Breach Solutions –data breach readiness, response and resolution plan, including access to a data breach specialist in the event you suffer a data breach.
• Digital Fortress –cloud-based safe deposit box that enables you to store, transmit and receive important documents in an ultra-secure environment.
Financial Management Platform powered by FINSYNC
• Fully integrated financial management platform that will help you run your business better. Business Sense comes with the Business Pro package that includes banking services,expense control, receivables management comprehensive reporting and a quick glance Dashboard.
• Seamless implementation –easy to use platform and coordinated setup with certified CPA.
(Benefits above require registration)
Business Sense – Rewards Employees
You and your team will enjoy:
• Travel, leisure, dining, and lifestyle discounts at thousands of local and national retailers
• Cash back when you shop online using the customized shopping portal
• Prescription savings on brand name and generic drugs (This is NOT insurance)
• Vision care savings on eyewear, exams, and surgical procedures (This is NOT insurance)
• Dental savings on services like routine care, orthodontics, oral surgery, and more (This is NOT insurance)
(Benefits above require registration)
Designed for Businesses with high volume transaction needs. Your account balance could help you earn credit toward your monthly maintenance fee and item processing charges – the higher the balance, the lower your monthly fee.
Basic Business Checking
Perfect for Business with limited activity who want a no frills business checking account.
Up to 200 checks/debits posted or items deposited per month at no charge. $.50 per item in excess of 200/month.
Cash-in processing fee: $1.00 per $1000.
Zero Balance Account
A Zero Balance Account allows you to detect excess cash by consolidating all your funds into one account. And with the added convenience of no manual transfer of funds, you’ll be able to concentrate on running your business instead of managing your bank account.
Make the most of your business’ available capital. If your company carries excess cash in your primary business checking account, a Sweep Account provides an option for turning these surplus funds into earnings. Our Sweep Accounts conveniently monitor your primary business checking account and transfer excess funds daily into an investment account to earn you interest, or into a line of credit, reducing your interest costs.
Other Products of Interest
1 Mobile Banking is a free service from Monroe Bank & Trust. However, you may be charged access rates depending on your carrier. Web access is needed to use Mobile Banking. Check with your service provider for details on specific fees and charges.