Deposit Services: For YouA A

Personal Savings & Money Markets

Watch Your Money Grow with Us

Expand your earning potential while keeping your money safe and secure. After all, you work hard to earn your money, and we will work hard to help you protect it. Together, we can plan your financial future!

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Cash Club
Mercantile Bank small-col MClass
Safety Sweep

Savings Account Basics

Minimum Opening Deposit $25 $50 $0 $1,000 $100
Minimum Daily Balance to Earn Interest any any $100 $1,000 any
Minimum Balance to Avoid Service Charge   $50   $2,500¹  
Service Charge if Minimum Daily Balance/Relationship is Not Maintained   $62   $101  
Number of Limited Debit Transactions

Convenience Advantages

Automatic Savings Plan
Free eStatements  
Free Online Banking Account Access Free Online Banking
Free Telephone Banking  
Visa Debit Card        
Direct Deposit

1. Star Money Market customers who maintain a minimum balance of $2500 every day of the statement cycle or maintain a minimum daily balance of $10,000 in any combination of qualified Mercantile Bank banking relationships including: checking, savings, money market, CDs and loan accounts, pay no service fee per statement cycle.

2. DreamBuilder Savings customers who have direct deposit pay no quarterly service fee.

3. Debit transactions are limited to 6 per calendar month. Limited pre-authorized transfers and withdrawals include checks, drafts, debit card or similar order, systematic savings plans, sweep service, telephone and Internet banking transfers. Transfers and withdrawals made in person,by messenger, by mail, at an ATM, to loans at the same institution or to another depositor at the same institution are unlimited.

4. Debit transactions are limited to 25 per statement cycle; Sweep transactions are unlimited.