Monroe Bank & Trust operates 20 branches and 36 ATM locations in Michigan. It offers business savings and checking accounts, loans, cash management, merchant services, payroll, wealth planning, financial education, and more. In this article, we cover Monroe Bank & Trust business checking reviews and fees. Ready to get started? Apply now.
Monroe Bank & Trust Business Checking Fees & Rates
The Monroe Bank & Trust business checking fees include no monthly payments, no minimum balance requirement, and other charges, such as overdraft ($30 each), wire transfer ($10 and $22 for incoming and outgoing domestic transfers, respectively), and ATM ($2 per non-network transaction), among others.
|Monthly Fee||No monthly fee|
|Minimum Balance Requirement||No minimum balance requirement|
|Transaction Fee||200 free checks or debits per month, $0.50 each thereafter|
|Wire Transfer Fee||Domestic (incoming): $10|
Domestic (outgoing): $22
|Cash Deposit Fee||$1 per $1,000|
|Overdraft Fee||$30 each|
|ATM Fee||$2 per foreign ATM transaction|
Summary of Monroe Bank & Trust Reviews From Around the Web
As of the day this article was written (June 4, 2019), there aren’t many up-to-date positive Monroe Bank & Trust reviews online. However, customers who left a review said that although its personal and business banking are good, its trust services are not recommended.
Monroe Bank & Trust Network
Monroe Bank & Trust operates 20 branches and 36 ATM locations in Michigan. You may view its branch locator to check which locations are closest to you.
Monroe Bank & Trust Additional Business Banking Services
Monroe Bank & Trust also offers the following business services: savings, certificates of deposit, money market accounts, credit cards, wealth management, and business lines and loans. 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 Monroe 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.