Business Banking & Treasury Management
Whether your business is just getting started or in full swing, we can provide a checking account to fit your business. All of our accounts are designed to manage cash flow on-the-go with online and mobile banking features like remote deposit capture, a business banking app and more. Our goal is to make your everyday money management as easy as possible.
Business Checking Accounts
Small Business Checking – Designed for sole proprietors and new businesses with low transaction volumes. Includes a business debit card, online and mobile banking.
Commercial Business Checking – Designed for entities with large transaction volumes needing treasury management services. Our online and mobile business banking features make managing your cash flow easy. Earnings credit can be used to offset service fees.
Business Savings Accounts
When it comes to combining powerful savings products with convenience, Midwest Heritage has cornered the market! Whether you have a little or a lot to invest, you will find a savings account that will put your money to work for you!
Business Savings and Money Market – Your extra operating cash can earn money while remaining accessible should you need it immediately. Our business money market accounts give you access to your funds while paying competitive interest rates.
Payables Management
Accounts Payable plays a central role in business operations with a direct impact to cash flow management, fraud protection and vendor management.
Automated Clearing House (ACH) – pay employees and vendors electronically.
Wires – transfer funds electronically to domestic and international vendors.
Accounts Receivable
Collect money more efficiently in a variety of ways so you can get paid faster with less fraud.
Automated Clearing House (ACH) – receive payments electronically and reduce expenses.
Autobooks – Send a customized invoice, set automated customer reminders, and track who has and hasn’t paid. When accepting payments electronically through a sent invoice, customer payments settle to your account within 2-3 business days
Remote Deposit Capture (RDC)
Spend less time making deposits and more time concentrating on your business. MHB’s remote deposit capture is valuable technology that electronically transmits your checks without leaving the office. Deposits can be submitted anytime of the day, seven days a week with next day availability if submitted by 7pm on a business banking day. MHB offers both the traditional desktop scanner and mobile deposits. Mobile remote deposit is ideal for a customer with a small number of deposited items.