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 BUSINESS CHECKING

Business Select Checking

Business Select is the perfect checking account for sole proprietorships, small to medium-sized businesses with limited checking activity, and new businesses that need to count on knowing their monthly cash flow.

Account benefits include:

  • Low opening deposit of $100.00
  • No monthly maintenance fee
  • Up to 150 items per month without a fee

 

Ultimate Business Checking

Mutual's Ultimate Business Checking is a no-nonsense approach to business checking.  There is no service charge provided sufficient funds are kept on deposit to offset activity charges and the account requires only a $100.00 opening deposit.  An earnings credit will be accrued on 100% of the average balance, less a 10% reserve requirement on the ledger balance. This account has unlimited free bill pay.

 

Business Statement Savings

Now we have a Statement Savings designed especially for your business needs.

  • Earn a competitive rate of interest. Interest paid quarterly.
  • Monthly statement
  • Just $100.00 to open account.
  • Low service fee of $6.00 if balance falls below $100.00 per quarter.
  • Transaction Limitations: Transfers from Business Statement Savings to another account or to third parties by preauthorized, automatic, telephone or computer transfer are limited to six per month with three transfers by check, draft, debit card, or similar order to third parties.

CERTAIN TERMS AND CONDITIONS MAY APPLY.  CONTACT US FOR ACCOUNT DISCLOSURES FOR FULL DETAILS ON EACH ACCOUNT.


 

 
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Contact us at info@mutualbancorp.com

Mutual Federal Savings Bank has chosen not to participate in the FDIC's Transaction Account Guarantee Program. Customers of Mutual Federal Savings Bank with non-interest-bearing transaction accounts will continue to be insured through December 31, 2013 for up to $250,000 under the FDIC's general deposit insurance rules.


January 28, 2010

 

The "Transaction Account Guarantee Program" is a specialized program affording certain commercial clients with additional depository insurance protection above the existing $250,000 depository limits in place on this date.