MidSouth Bank has branches in Louisiana and Texas, as well as thousands of surcharge-free ATMs nationwide. It offers business savings and checking accounts, lending, merchant services, and more. We compiled MidSouth Bank reviews and found that it has an A+ Better Business Bureau rating and a mix of positive and negative reviews online.
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MidSouth Bank Business Checking Rates & Fees
|Monthly Fee||$5 per month; waived if signed up to estatements|
|Minimum Balance Requirement||No monthly fee|
|Transaction Fee||Unlimited electronic transactions|
Free 100 non-electronic transactions per month
|Wire Transfer Fee||Information not available|
|Cash Deposit Fee||$10,000 free cash/coin deposit per month, $1.75 per $1,000 deposited thereafter|
|Overdraft Fee||$29 per item; there is no limit on the total fees charged on overdrawn accounts|
|ATM Fee||No fee when you use network ATMs|
MidSouth Bank Network
MidSouth Bank has branches located across Louisiana and in Houston, Dallas, Beaumont, and East Texas. It is also part of the Allpoint network, which provides its customers access to over 55,000 surcharge-free ATMs nationwide. You may view its branch locator to check which locations are closest to you.
MidSouth Bank Additional Business Banking Services
MidSouth Bank also offers the following business services: business savings and money market accounts, credit cards, insurance premium and litigation financing, commercial loans and leases, lines of credit, and Small Business Administration funding. It currently does not offer wealth management. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
Best Business Checking Account for Small Businesses
Want to know what bank we named the best business checking account for small businesses? Read our business checking account buyer’s guide comparing the top options.