Minnesota Bank & Trust has two branches in Minnesota and thousands of surcharge-free ATMs nationwide. It offers business savings and checking accounts, loans, merchant services, treasury management, retirement plans, and more. In this article, we cover Minnesota Bank & Trust business checking reviews and fees. Ready to get started? Apply now.
Minnesota Bank & Trust Business Checking Fees & Rates
The Minnesota Bank & Trust business checking fees include a monthly payment of $5 (which can be waived with an average daily balance of $1,500), an overdraft fee of $35 per item, an ATM surcharge of $2.50 per non-proprietary ATM transaction, and other fees shown in the table below.
|Monthly Fee||$5 per month if the balance requirement is not met|
|Minimum Balance Requirement||$1,500 average daily balance|
|Transaction Fee||100 free transactions per month (the account might be converted to another account type if it exceeds the monthly transaction limit)|
|Wire Transfer Fees||Incoming (domestic/international): $15|
Outgoing - Repetitive (domestic): $25
Outgoing (domestic): $30
Outgoing - Repetitive (international): $35
Outgoing (international): $40
|Cash Deposit Fee||Up to $10,000 cash processing per month at no charge|
|Overdraft Fee||$35 per item|
|ATM Fee||$2.50 per non-proprietary ATM transaction|
Summary of Minnesota Bank & Trust Reviews From Around the Web
We compiled online Minnesota Bank & Trust reviews from Bankrate.com and Google and found that it has generally positive ratings. Customers who left a review said that it offers good business and personal banking services.
Minnesota Bank & Trust Network
Minnesota Bank & Trust has two branches located in Edina and Minnetonka, Minnesota. Its customers may also access their funds from thousands of MoneyPass ATMs nationwide, free of charge. You may view its branch locator to check which location is closer to you.
Minnesota Bank & Trust Additional Business Banking Services
Minnesota Bank & Trust also offers the following business services: savings and money market accounts, business lines and loans, commercial and industry financing, credit cards, and 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
Have you read these Minnesota Bank & Trust business checking reviews and are still not sure if it’s right for you? Read our business checking account buyer’s guide comparing the top options and learn which bank we named the best business checking account for small businesses.