The Bank of Old Monroe offers a variety of account options to customers. We understand your personal and business needs and are committed to helping you select an account that best suits your needs. Required documentation for opening an account includes:
Bank of Old Monroe business accounts provide you with all the perks but without all the per deposit & per transaction fees.
Our simple, yet flexible business checking account allows you to customize your banking to integrate cash management and other services to meet your business’s specific needs.
A business checking account can be opened with just $100. By maintaining a balance of $300 or greater, you will not receive a service charge. If at anytime during the statement period your balance falls below $300, a $5 service charge will be assessed for that statement period.
Is your business seeking an interest-bearing account with few transactions? Our money market account goes one step further by providing interest rate tiers which reward increased savings. A minimum of $1,500 is required to open. Preauthorized transactions or withdrawals are limited to 6 per statement period. Additional debit transactions over 6 will be charged $10 per item. If at any time during the statement cycle the balance falls below $1,000, a service charge of $8 will be assessed for that statement period.
Make saving easy for your business with a Bank of Old Monroe savings account. A minimum of $100 is required to open. A monthly service charge of $3 will be assessed if the balance falls below $100. Preauthorized transfers or withdrawals are limited to 6 per statement period. An excess withdrawal fee of $2 will be assessed for each debit transaction in excess of 6 per month.
A CD is the perfect account to allow long term savings for your business while earning a higher rate of interest. The Bank of Old Monroe offers CD terms ranging from 91 days to 60 months. The minimum balance to open a CD is $1,000.00.
Contact a personal banker today to discuss CD options for your business.
Manage your finances on the go with the Bank of Old Monroe app! Our app allows you to view transactions, transfer funds, pay bills, deposit checks and more! To discover all the ways our app can benefit you, visit your app store and search “Bank of Old Monroe” to download.
* Message & data rates may apply from your wireless carrier.
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By accessing the noted link you will be leaving Bank of Old Monroe’s website and entering a website hosted by another party. Bank of Old Monroe has not approved this as a reliable partner site. Please be advised that you will no longer be subject to, or under the protection of, the privacy and security policies of Bank of Old Monroe’s website. We encourage you to read and evaluate the privacy and security policies of the site you are entering, which may be different than those of Bank of Old Monroe
By accessing the noted link you will be leaving Bank of Old Monroe’s website and entering a website hosted by another party. Bank of Old Monroe has not approved this as a reliable partner site. Please be advised that you will no longer be subject to, or under the protection of, the privacy and security policies of Bank of Old Monroe’s website. We encourage you to read and evaluate the privacy and security policies of the site you are entering, which may be different than those of Bank of Old Monroe.
By accessing the noted link you will be leaving Bank of Old Monroe’s website and entering a website hosted by another party. Bank of Old Monroe has not approved this as a reliable partner site. Please be advised that you will no longer be subject to, or under the protection of, the privacy and security policies of Bank of Old Monroe’s website. We encourage you to read and evaluate the privacy and security policies of the site you are entering, which may be different than those of Bank of Old Monroe.
