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Business Banking

  • $5.00 per month maintenance fee
  • $.10 per check or other debit item
  • $.08 per transit item deposited

These charges can be offset by an “earnings credit” of $.10 per hundred dollars of average daily collected balance. The credit will be applied to reduce the service charge and transit item fees.

The same charges apply to Business NOW accounts (interest bearing) except that an additional monthly fee of $10.00 applies if the average daily balance falls below $1,500.00.

  • Low activity account
  • $2.00 per month maintenance fee
  • $.20 per check or other debit item

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To become a new business customer, click on the link for the Business Customer Information Sheet. Please fill out the form and bring it in to either our Grand Marais or Tofte locations.