Fees for Business accounts

Whether you run an LLC, a mid-size corporation or anything in between, you deserve to know exactly what can be charged to your account.

Below is a list of all possible fees and any Small Business vs. Commercial differences.

Micha, a Minnesota resident, on a teal background
Micha, Minnesota Resident

Fees for Business Checking & Savings Accounts

Please note: Personal Account Fees are different.

Check Clearing

Small Business Checking Accounts: $.20 per check
(per month, for quantities over 50)

Commercial Checking Accounts: $.20 per check
(per month, for quantities over 250)

Check Deposits

Small Business Checking Accounts: $.20 per check
(per month, for quantities over 50)

Commercial Checking Accounts: $.20 per check
(per month, for quantities over 250)

Courtesy Pay/ NSF

When an electronic payment’s returned for various reasons.

$35 per check 
$210 cap per day

Monthly Maintenance Fee

Small Business Accounts: Free

Commercial Accounts: $15 per month

Returned Check ACH

When an electronic payment’s returned for various reasons.

$35 per check 
$210 cap per day

Stop Payment

To cover the cost of stopping in-progress payments.

$35 per check
$70 series of two or more checks

Service Fees for Business Accounts

ATM / Visa® Debit Card Withdrawal

To avoid ATM withdrawal fees, please visit our many surcharge-free ATMs on MoneyPass, SUM and CO-OP ATM networks.

Business Loans

(Vehicles, Equipment, Lines of Credit)

Loan Processing Fee: $150 per loan

Dormant account

When there’s no account activity for an extended period of time.

$12 per quarter

Optional Services

Cash & Coin Delivery
Custom quote from Loomis

Merchant Services
Get a custom quote from SwyftPAY

Statement / Research

When you request customized statement or account information.

$30 per hour

Wire Transfer

Incoming: $10 

Outgoing Domestic: $15

Outgoing Foreign: $40*
* Receiving institution may charge additional fees.