Business Deposit Products
At Monona Bank, we understand that your business accounts are a critical element to your company's success. We can help you determine what will or what won't work best for you. Below is an overview of the business checking accounts we offer. For more detailed information on options available to you, please feel free to contact any one of our business associates and let them know your specific needs. We're here to assist you!
What is your business looking for?
Our Business Savings Account is a great product that lets your business earn interest (calculated using the daily available balance) and credited and compounded monthly.
Our Business Money Market is a great next step for businesses who’ve saved more money than they need to keep in their Business Savings account. There is a $2,500 minimum deposit to open this account and a required minimum daily balance of $2,500 in order to avoid the $15 monthly maintenance fee. Interest rates for the Business Money Market are tiered based on the balance you have in your account.
Fixed interest rate varies with the term of each certificate.
Having banked with big, corporate banks in the past, I can honestly say that Monona Bank is not only a great banking partner, but a true community bank who cares about and gets involved with our communities.
The Tools You Need For Your Business
Monona Bank offers our business clients a variety of solutions from collection of your receivables, to disbursements, payments, transfers, fraud protection, and MononaBank Business Online.
Monona Bank offers our business clients both VISA® Credit and Debit cards. They can make tracking your business expenses easier and help prevent fraud as well.
Our VISA® Debit cards also let you turn your everyday purchases into rewards points that you can redeem for travel, merchandise, gift cards and cash back! Your Monona Bank VISA® Debit card is automatically enrolled in our ScoreCard® Rewards Program.
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