Business Accounts

As a West Michigan-based bank, we understand the local market and the needs of area businesses. As your community bank, we've put together accounts specifically designed to meet those needs.

Macatawa Business Access

Key Features:

  • No monthly service charge with $2,500 minimum balance (monthly service charge if balance falls below the minimum)
  • 200 items free (includes checks, deposit tickets, deposit items, ACH debits/credits; non US checks are assessed a per item charge)
  • Free basic Internet banking
    • Account balances and history
    • Account transfers
    • View cleared checks
    • View past statements
    • Download account history
    • Stop payments (standard stop payment fees apply)
    • Secure messages
    • Account alerts and reminders
  • Free Bill Pay with $2,500 balance
    • Unlimited payments via Macatawa Bill Pay
    • E-bills
    • Bill reminders
  • Direct deposit service available
    • 50 direct deposit items free via Macatawa Connect
    • Includes 2 users (monthly charge per user over 2)
    • Monthly charge

Macatawa Business Advantage

Macatawa Business Advantage is an account that allows you to earn interest on surplus balances with an automatic sweep from your checking account to a money market account. Business Advantage is a simple way for you to benefit from your excess funds.

Key Features:

  • No monthly service charge with $15,000 minimum daily balance (monthly service charge if balance falls below the minimum)
  • 500 items free (includes checks, deposit tickets, deposit items, POS debit, ACH debits/credits; non US checks are assessed a per item charge)
  • Free basic Internet banking
    • Account balances and history
    • Account transfers
    • View cleared checks
    • View past statements
    • Download account history
    • Stop payments (standard stop payment fees apply)
    • Secure messages
    • Account alerts and reminders
  • Free Bill Pay
    • Unlimited payments via Macatawa Bill Pay
    • E-bills
    • Bill reminders
  • Free ATM/business debit card
  • Sweeps to tiered Money Market
    • $0-$24,999
    • $25,000-$49,999
    • $50,000-$99,999
    • $100,000-$249,999
    • $250,000 +
  • Six sweeps allowed out of Money Market per cycle
    • Balances over $40,000 sweep to Money Market
    • Unlimited sweeps into Money Market
    • Checking balances under $15,000 will sweep in increments of $25,000 from Money Market to checking (or available Money Market balance if less than $25,000)
    • The 6th sweep out of Money Market will sweep entire balance to checking on the day following the 5th automatic sweep
    • At the beginning of the next cycle the Money Market will be replenished with any funds in the checking account over $40,000
    • Money Market account is not individually accessible and transactions are limited to sweep activity only
  • Direct deposit service available
    • 50 direct deposit items free via Macatawa Connect
    • Includes 2 users (monthly charge per user over 2)
    • Monthly charge

Macatawa Business Money Market

An interest bearing account that allows you to benefit from your surplus balances. Enjoy the flexibility of transferring funds to and from your checking account at your convenience. Limited transactions: 6 preauthorized debits, with no more than 3 by check, draft, debit card or similar order.

Interest Bearing Tiers

  • $0-$9,999
  • $10,000 - $74,999
  • $75,000 - $499,999
  • $500,000 +
  • No monthly service charge with $1,000 minimum balance.

Macatawa Business Plus Checking

A special account designed to meet the needs of Sole Proprietors, DBAs, and Non-Profit Organizations.

Key Features:

  • Interest bearing
  • Unlimited check writing
  • Per item charges apply
  • Monthly service charge
  • Check images available

Basic Non-Profit

Key Features:

  • No minimum balance
  • No monthly service charge
  • 200 items free (includes checks, deposit tickets, deposit items, ACH debits/credits; non US checks are assessed a per item charge)
  • Non interest bearing

Certificate of Deposit

  • $1,000 minimum balance to open
  • Automatically renewable
  • Terms available for up to 60 months
  • Fixed interest rates
  • A penalty may be imposed for early withdrawal