Checking & Savings
Secure your money with a safe and sound financial institution. Let us provide the type of banking relationship and products that make sense for your business and your future.
Merchant Business Checking
The account designed for businesses with high activity and high expectations for quality service.
- Non-interest Bearing Account.
- Write up to 99 checks per month for free. $0.25 per check charge over 99 checks.
- If the balance falls below the minimum $500, $15 cycle service charge.
| Minimum Balance to Open | Monthly Maintenance Charge | Per Item Charge | Daily Balance Requirement to Waive Monthly Maintenance Charge |
|---|---|---|---|
| $500 | $15 | $0.25 | $500 |
Commercial Interest Business Checking
Sole Proprietorships and Non-Profit Organizations Only
The account designed for businesses seeking interest on their balances, low activity and high expectations for quality service.
- Interest accrued daily & paid monthly on balances of $1,000 or more.
- If the balance falls below the minimum $1,000, $15 cycle service charge.
- Write up to 30 checks per month for free. $0.25 per check charge over 30 checks.
| Minimum Balance to Open | Monthly Maintenance Charge | Per Item Charge | Daily Balance Requirement to Waive Cycle Service Charge |
|---|---|---|---|
| $1,000 | $15 | $0.25 | $1,000 |
Super Interest Business Checking
Sole Proprietorships and Non-Profit Organizations Only
Enjoy the advantages of Commercial Interest Checking while earning a HIGHER interest rate.
- Higher interest accrued daily & paid monthly on balances of $2,500 or more.
- If balance falls below minimum $2,500, no interest will be paid on the deposit balance.
- If the balance falls below the minimum $2,500, $15 cycle service charge.
| Minimum Balance to Open | Monthly Maintenance Charge | Per Item Charge | Daily Balance Requirement to Waive Cycle Service Charge |
|---|---|---|---|
| $2,500 | $15 | None | $2,500 |
Business Savings Accounts
A savings account designed for small businesses. Invest your money in a secure financial institution.
- Interest compounded daily & paid quarterly.
- Telephone transfers (3 per month free).
- Unlimited deposits & withdrawals by mail, or in-person.
- If balance falls below minimum, $15 cycle service charge.
- $10 service charge for each item in excess of six pre-authorized withdrawals, automatic checks, drafts, debit card and similar transaction(s) per month.
| Minimum Balance to Open | Monthly Maintenance Charge | Per Item Charge | Daily Balance Requirement to Waive Cycle Service Charge |
|---|---|---|---|
| $300 | $15 | None | $1,000 |
Checking, Savings and Certificates of Deposits at Metropolitan Bank are insured by the Federal Deposit Insurance Corporation, an agency of the United States Government. Each depositor is insured up to $250,000. Coverage of a higher amount is possible by opening accounts using more than one type of ownership or by opening an account under the Bank’s special CDARS program.
Information is effective January 1, 2020 and is subject to change from time to time without notice.