Business Checking

MidSouth Bank offers banking and finance options custom tailored for your unique business needs.

Free BUSINESS CHECKING

A low-cost checking account designed for the business customer who writes less than 50 checks and deposits less than 100 items per statement cycle.

Initial deposit to open account is $100.

No Monthly Maintenance Fee
FREE Online Banking
FREE 24-Hour Telephone Banking
Free MasterMoney™ business debit card
Free use of MidSouth ATMs at each location
Remote deposit capture (scan and deposit checks at your business) is available
$0.25 per check charge for each check written over 50 per statement cycle.
$0.15 per deposit item for each item deposited over 100 per statement cycle.

Account Analysis

A service charge is charged only when activity fees and maintenance exceed the earnings allowance. Many of our customers maintain balances which offset these charges, thus they have no service charge.

Initial deposit to open account is $100
FREE Online Banking
FREE 24-Hour Telephone Banking
Interest earnings credit on collected balance less 10% reserve on this account offsets any service charge
Maintenance fee*
Charge per deposit*
Charge per on-us item deposited and charge per other item deposited*
Charge per debit item (checks written)*
Assessment charge per $100 balance may apply.
Free MasterMoney™ business debit card
Free use of MidSouth ATMs at each location

*Specific fees can be found in our Analysis Fee Schedule

Non-profit

No monthly service charge
Initial deposit to open account is $100
FREE Online Banking
FREE 24-Hour Telephone Banking
Free MasterMoney™ business debit card
Free use of MidSouth ATMs at each location

Business Super NOW*

Minimum monthly balance to avoid service charge is $2,500 or average monthly balance of $5,000
Service charge if ledger balance drops below $2,500 during statement cycle is $9
Initial deposit to open account is $2,500
$0.25 charge per deposit
$0.065 per on-us item deposited and $0.08 per other item deposited
$0.13 charge per debit item (checks written)
See Interest Rate Information for current rates
FREE Online Banking
FREE 24-Hour Telephone Banking
Free MasterMoney™ business debit card
Free use of MidSouth ATMs at each location

* Limited to Sole Proprietorships and Public Funds

At our discretion, our interest rate and annual percentage yield may change at any time. You must maintain the minimum balance stated for your account each day to obtain the annual percentage yield listed under "Current Rate Information". Interest begins to accrue no later than the business day on which we receive credit for non-cash items (for example, checks).

The daily balance method is used to calculate the interest on your account and the amount of interest you earn is based on the daily collected balance. The daily balance method applies a daily periodic rate to the full amount of principal in the account each day.