Business Accounts
 Whether your business is a Sole Proprietorship, Not-for-Profit or a large Corporation, 1st MidAmerica offers competitive, flexible products and services to meet your business needs.
Business Checking
We can provide service to, the nearby small organizations and clubs, large and small Not-for-Profits organizations, churches, corporations, and sole proprietorships.
We offer three types of business checking accounts:
Community Checking
Basic Business Checking
Elite Business Checking
Community Checking
- Not-for-Profit Organizations
- Small Organizations & Clubs
- Church Clubs
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Dividend Earning:
Rate is the same as what is offered on our share draft checking accounts.
Monthly Service Fee:
No monthly service fee is charged on this account.
Per Item Charge:
First 100 items per month are free. A per item charge of $0.30 is applied after the first 100. |
Basic Business Checking
- Sole Proprietorships
- Small Businesses
- Church Operating Accounts
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Dividend Earning:
Rate is the same as what we offer on our share draft checking accounts.
Monthly Service Fee:
$7.00. This fee is waived if the average monthly balance exceeds $1,000.
Per Item Charge:
First 150 items per month are free. A per item charge of $0.25 is applied after the first 150. |
Elite Business Checking
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Dividend Earning:
Tiered interest rates are competitively priced, with a minimum rate that matches our share draft checking accounts.
Monthly Service Fee:
$12.00
Per Item Charge:
A charge of $0.25 is applied per item. |
Deposit Options
We realize that every business’s deposit and investment
needs can vary. We’ve designed our account structures
to simplify your business life and at the same time
eliminate the majority of fees that you may have encountered
at competing institutions.
Our Financial Service Representatives
will be happy to provide information and account detail
on the following deposit services. Let them show you
how 1st MidAmerica can not only save you
money, but also the frustrations of onerous service
charges.
Business Checking
We can provide service to, the nearby small organizations and clubs, large and small Not for Profit organizations, churches, corporations, and sole proprietorships
Business Share/Savings
- Dividend Earning with Quick Access
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Business Money Markets
- High Dividends and Convenient Access
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Business Shares
Certificates
- Competitive Rates for up to 5 Years
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To open a business account contact us at (618) 258-3168
or visit one of our branches today. |
Loan Options
Business Loans at 1st MidAmerica are available
to finance the continuing operation or
expansion of your business. We pride ourselves in
structuring each loan to fit the individual member
business borrower’s needs. From an array of lending
options to a variety of competitive rates and terms,
we’re able to put together the perfect lending package
for you. Noted below is a listing of the business
loans that we make available to meet your business
borrowing needs.
- Commercial Real Estate
- Rental Property
- Construction & Development
- Land & Commercial Lots
- Commercial Vehicles
- Equipment & Machinery
- Inventory & Accounts Receivable
- Lines & Letters of Credit
- Visa Business Credit Cards
For further information on Business Loans or to start
your application today, stop by any branch or call
(618) 258-3168. |
Convenient Access
Merchant Bankcard Services
• Visa, MasterCard, Discover & American Express
Night Depository Services
• Available at All Locations
Online Banking
• Available 24/7 |
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