Business Checking
Morgantown Bank & Trust wants to help your business succeed and grow. We offer many helpful services to our business customers!
MBT Small Business Advantage
- Designed for businesses with limited transactions.
- $100 Minimum Opening Balance
- $10 monthly fee waived with a $2,500 minimum daily balance.
- Maximum of 100 debits (checks) and 200 deposited items.
(Excess chg. of 20 cents per items)
- No return check fees on returned deposited items.
- Free Re$ubmitIt to help collect on returned checks.
- 20% off initial check purchase.
- View current/previous statements, transfer funds between accounts online.
- Internet Banking (Cash Management), which includes ACH, Payroll and Wire Transfer for $19.99 per month (additional fee applies for Wire Transfers).
- Money Market Sweep account is available on balances of $10,000 or more.
MBT COMMERCIAL NOW ACCOUNT
- Minimum Opening Balance $1,000.00
- No fees when you meet the required minimum daily balance of $1,000.00
- Minimum balance to earn interest $1,000.00
- FREE Online Banking
- FREE 24-Hour Telephone Banking
- Monthly Imaged Statements
MBT Commercial High VolumePlus
- $100 Minimum Opening Balance
- $ 10 Maintenance Fee - May be offset by account balance earnings credit.
- Charges assessed on a per item basis and offset by earnings credit rate established by the bank.
- No return check fees on returned deposited items.
- Free Re$ubmitIt to help collect on returned checks.
- 20% off initial check purchase.
- Internet Banking (Cash Management) which includes ACH, Payroll and Wire Transfer for $19.99 (addition fee applies for Wire Transfers).
- Money Market Sweep account is available on balances of $10,000 or more.
MBT High Yield Omega - "The last Money Market Account you will ever need"
- High yielding Money Market Account.
- Minimum Opening balance is $5,000
- Maximum of 6 withdrawals/transfers per statement cycle.
- $10.00 service charge per withdrawal/transfer after 6 allowed per statement cycle.
- $5,000.00-$10,000.00 pays our regular stated money market rate. $10,000.01 and above minimum daily balance pays our Omega rate.
- $10.00 service charge if balance drops below $5,000
- Interest does not accrue on days that the balance drops below $5,000.
- Interest is paid on the collected balance.
- Requires primary checking account and delivery of statements electronically.
Business Online Banking (Cash Management)
- View current/previous statements, transfer funds between accounts.
- ACH payments such as Direct Deposit of payroll, etc.
- ACH Receipts, create electronic debits to customers for services rendered by your business.
- EFT Tax Payments.
- Wire Transfer Requests online (additional fee applies).
- Only $19.99 per month for all these services (additional fee applies for Wire Transfers).
Other Business Accounts, etc.
- Free checking for charitable and non-profit accounts.
- Prepaid Cards Available
- TermNet Merchant Processing Available.
- Remote Deposit Capture Available.
