Business Checking
The right business checking account can help you manage everyday expenses, payments and cash flow while keeping your business finances organized. No matter where you are in your business journey, there's a Minster Bank business checking account designed to fit your needs.
Business Checking
The right business checking account can help you manage everyday expenses, payments and cash flow while keeping your business finances organized. No matter where you are in your business journey, there's a Minster Bank business checking account designed to fit your needs.
Explore Your Options
Regular
Checking
Best for startups, small businesses and solo entrepreneurs managing everyday business cash flow.
Advantage
Checking
Best for growing businesses managing regular cash flow while maintaining higher checking balances.
Interest
Checking
Best for businesses and nonprofits managing cash flow while earning interest on checking balances.
Select
Checking
Best for businesses managing substantial cash reserves and everyday cash flow.
Regular | Advantage | Interest | Select | |
|---|---|---|---|---|
| Best for | Startups & small businesses | Growing businesses | Businesses & nonprofits wanting interest | Businesses with substantial cash reserves |
| Typical balance | Lower/modest | Higher balances | $2,500+ | $100,000+ |
| Interest and earnings credit | Earnings credit may offset maintenance and activity fees | Earnings credit may offset most charges, including maintenance, activity, stop payment, returned image, ACH, and wire fees; rate increases with balance based on tiers: | Interest may offset most charges, including maintenance, activity, stop payment, returned image, ACH, and wire fees; variable rate increases with balance based on tiers: | Interest may offset most charges, including maintenance, activity, stop payment, returned image, ACH, and wire fees; variable rate increases with balance based on tiers: |
| Minimum to open account | $100 | $100 | $100 | $100,000 |
| Monthly fees | $4 per month ($6 if check images are returned) | $9 per month ($11 if check images are returned) | Balance of $2,500 or greater: $0 per month | Balance of $100,000 or greater: $0 per month |
| Key benefit | Simple, low-cost checking | Offset fees with earnings credit | Earn interest without a $100,000 balance | Maximize earnings on large balances |
Checking
| Best for | Startups & small businesses |
|---|---|
| Typical balance | Lower/modest |
| Interest and earnings credit | Earnings credit may offset maintenance and activity fees |
| Minimum to open account | $100 |
| Monthly fees | $4 per month ($6 if check images are returned) |
| Key benefit | Simple, low-cost checking |
Checking
| Best for | Growing businesses |
|---|---|
| Typical balance | Higher balances |
| Interest and earnings credit | Earnings credit may offset most charges, including maintenance, activity, stop payment, returned image, ACH, and wire fees; rate increases with balance based on tiers: |
| Minimum to open account | $100 |
| Monthly fees | $9 per month ($11 if check images are returned) |
| Key benefit | Offset fees with earnings credit |
Checking
| Best for | Businesses & nonprofits wanting interest |
|---|---|
| Typical balance | $2,500+ |
| Interest and earnings credit | Interest may offset most charges, including maintenance, activity, stop payment, returned image, ACH, and wire fees; variable rate increases with balance based on tiers: |
| Minimum to open account | $100 |
| Monthly fees | Balance of $2,500 or greater: $0 per month |
| Key benefit | Earn interest without a $100,000 balance |
Checking
| Best for | Businesses with substantial cash reserves |
|---|---|
| Typical balance | $100,000+ |
| Interest and earnings credit | Interest may offset most charges, including maintenance, activity, stop payment, returned image, ACH, and wire fees; variable rate increases with balance based on tiers: |
| Minimum to open account | $100,000 |
| Monthly fees | Balance of $100,000 or greater: $0 per month |
| Key benefit | Maximize earnings on large balances |
Overdraft Protection
We’re human. Mistakes happen. You shouldn’t have to worry about returned checks and hefty fees.
With Overdraft Protection,1 funds are automatically transferred from your savings account when needed.
With ODP (Overdraft Privilege),2 overdraws are covered up to a preapproved limit – no savings account required.
Overdraft Protection
We’re human. Mistakes happen. You shouldn’t have to worry about returned checks and hefty fees.
With Overdraft Protection,1 funds are automatically transferred from your savings account when needed.
With ODP (Overdraft Privilege),2 overdraws are covered up to a preapproved limit – no savings account required.
Olde English Outfitters - The Community Bank Difference
After more than a year of trying to get answers from their big bank, Olde English owners Evan and Layne knew it was time to make a change. After switching to Minster Bank, they found a banking partner that made the transition easy, reduced their costs, and delivered the personal service they had been missing. Because when your business needs support, having a banker who knows your name makes all the difference.
Watch Their StoryOlde English Outfitters - The Community Bank Difference
After more than a year of trying to get answers from their big bank, Olde English owners Evan and Layne knew it was time to make a change. After switching to Minster Bank, they found a banking partner that made the transition easy, reduced their costs, and delivered the personal service they had been missing. Because when your business needs support, having a banker who knows your name makes all the difference.
More Solutions
BUSINESS SAVINGS
Maximize Your Cash Reserves
Discover more ways to keep your business’s money growing.
MERCHANT SOLUTIONS
Streamline Your Day-to-Day Operations
We partner with Clover® to provide innovative POS platforms.
INVESTMENTS
Envision the Future You Want
Customized investment options with trusted service and advice.
We're Here to Help
Our business banking team is just a phone call or secure message away.
Regular Checking may be a good fit for startups and solo entrepreneurs with straightforward checking needs and lower account balances. It requires a $100 minimum opening balance and has a $4 monthly fee.
The best account depends on your typical balance, transaction activity and banking needs. Regular Checking may be a good fit for businesses with straightforward needs, while Advantage Checking or Interest Checking may be better for businesses that maintain higher balances.
Regular Checking may be a good option for businesses that maintain a lower checking balance and want a straightforward account. Interest Checking may also be worth considering if you can maintain at least $2,500 and want to earn interest.
Advantage Checking provides earnings credit that may offset eligible account charges, while Interest Checking pays interest on the account balance. The right choice depends on your typical balance and whether earnings credit or interest is more valuable for your business.
Select Checking may be a good fit for businesses that regularly maintain $100,000 or more in checking. It offers tiered interest rates for higher account balances.
Yes. Minster Bank offers Interest Checking and Select Checking, both of which can earn interest based on the account balance. Interest checking is designed for more modest balances, while Select Checking is designed for businesses with $100,000 or more in their accounts.
Yes. Minster Bank’s Regular Checking and Advantage Checking accounts provide earnings credit that may offset eligible account charges. Advantage Checking offers higher earnings credit rates and higher balance tiers.
Regular Checking, Advantage Checking, and Interest Checking each require a $100 minimum opening balance. Select Checking requires a $100,000 minimum opening balance.
Disclosures
1. Additional charges may apply.
2. This is a discretionary overdraft service. The Bank is not obligated to pay any overdrafts. Eligible accounts are automatically enrolled. Limit is based on type of account. Per-item overdraft fee will apply.
