Business Checking

Business Checking Comparison Chart
Business Checking Accounts Ideal for Minimum opening deposit Monthly service fee
Smart Business Checking Your basic business checking needs $100

No monthly service fee with Business Online Banking and eStatements

Monthly service fee when above criteria is not met: $10

Preferred Business Checking Businesses with greater cash and item processing needs $100

No monthly service fee with any ONE of the following:

  • $5,000 minimum daily balance in your Preferred Business Checking account OR
  • $15,000 in combined deposit balances1 and outstanding loan balances in Mechanics Bank accounts

Monthly service fee when above criteria is not met: $15

Business Interest Checking Small to mid-size businesses looking to earn interest on their balances $100

No monthly service fee with any ONE of the following:

  • $10,000 minimum daily balance in your Business Interest Checking account OR
  • $30,000 in combined deposit balances1 and outstanding loan balances in Mechanics Bank accounts

Monthly service fee when above criteria is not met: $20

Merchant Business Checking Small to mid-size businesses with significant cash and item processing needs $100

No monthly service fee with any ONE of the following:

  • $10,000 minimum daily balance in your Merchant Business Checking account OR
  • $30,000 in combined deposit balances1 and outstanding loan balances in Mechanics Bank accounts

Monthly service fee when above criteria is not met: $30

Merchant Plus Business Checking Small to mid-size businesses that can benefit from access to limited cash management services $100

No monthly service fee with any ONE of the following:

  • $10,000 minimum daily balance in your Merchant Plus Business Checking account OR
  • $30,000 in combined deposit balances1 and outstanding loan balances in Mechanics Bank accounts

Monthly service fee when above criteria is not met: $30

Premium Analyzed Checking  Larger businesses with more complex banking and cash management service needs $100

Monthly service fee: $20 plus activity charges in excess of earnings credit

Some or all of the fees and service charges can be offset by earnings credit received on qualified accounts with Mechanics Bank. Various activity and service fees apply based on volume and services provided.

Analyzed checking account balances will NOT be counted in "Combined Balances" as defined in the Business Products Schedule of Fees and Charges, for purposes of waiving service fees for other deposit accounts.

All Premium Analyzed Checking accounts are eligible for advanced cash management services.

Talk to your banker for more information based on your specific business needs.

Community Partner Checking Nonprofit organizations $100

No monthly service fee with proof of nonprofit status at time of account opening

To get started, contact us today

Call 800.797.6324 , or send an email