business > Checking > Non Profit Banking

Non Profit Banking

Helping you further your mission.

 

Macatawa Bank recognizes the invaluable contributions of our non profit organizations to the communities we serve.  As your financial services and community partner, we are committed to helping non profit organizations fulfill their mission with products and services that meet the unique needs of your organization.  Our mission is to support your cause.

Use the chart below to compare the non profit checking account options available to meet your unique checking and savings needs.

  Non-Profit Access Checking
Non-Profit Advantage Checking
Non-Profit Analysis Checking
Non-Profit Interest Analysis Checking Non-Profit Net Analysis Checking
Designed for
Start-up or small organizations with low balance and low monthly volume Small to mid-size organizations with low to moderate balances and moderate monthly transaction volume desiring interest option
Organizations with high monthly transaction volume providing an earnings credit allowance to offset fees and full FDIC insurance coverage
High monthly transaction volume organizations offering competitive rate of interest High monthly transaction volume organizations desiring flexible interest and earnings credit options
Opening Requirements $50 $50 $50 $50 $50
Monthly Maintenance Fee N/A
Yes2 Yes2 Yes2 Yes2
How to Avoid or Reduce Maintenance Fee No minimum balance requirement $25,000 average available minimum balance requirement per statement cycle No minimum balance requirement No minimum balance requirement No minimum balance requirement
Transaction Allowance 200 1
500 1
Unlimited 2
Unlimited 2
Unlimited 2
Earnings Credit Allowance N/A N/A Yes

N/A

Yes
Earns Interest N/A
Yes
N/A
Yes
Yes 4
Interest Tiers N/A

$0 - $24,999

$25,000 - $49,999

$50,000 - $99,999

$100,000 - $249,999

$250,000 +

N/A

$0 - $24,999

$25,000 - $49,999

$50,000 - $99,999

$100,000 - $249,999

$250,000 +

$0 - $24,999

$25,000 - $49,999

$50,000 - $99,999

$100,000 - $249,999

$250,000 +

Online Banking & Bill Pay Yes
Yes
Yes
Yes
Yes
Extras
  • Treasury Management Service options
  • eStatements available
  • Business Debit Card
  • Business Credit Card
  • Treasury Management Service options
  • eStatements available
  • Business Debit Card
  • Business Credit Card
  • Treasury Management Service options
  • eStatements available
  • Business Debit Card
  • Business Credit Card
  • Treasury Management Service options
  • eStatements available
  • Business Debit Card
  • Business Credit Card
  • Treasury Management Service options
  • eStatements available
  • Business Debit Card
  • Business Credit Card
Additional  Fee Information Please refer to Schedule of Service Charges & Fees Please refer to Schedule of Service Charges & Fees Please refer to Schedule of Service Charges & Fees Please refer to Schedule of Service Charges & Fees Please refer to Schedule of Service Charges & Fees

1 Monthly allowable transactions per statement cycle at no charge ($0.40 for each item over monthly transaction allowance). Transactions include: checks paid, items deposited, deposit tickets, ACH credits received, ACH debits received, POS debits.

2 Monthly maintenance fee applies.  Per item charges will be assessed for each transaction.  Please contact our Customer Service Center at 1.877.820.2265 for additional information.

3 Federal Regulation D limits certain types of withdrawal and transfer transactions you can make out of your savings or money market account to a maximum combined total of six (6) preauthorized transfers per month.  These transactions include automatic transfers for overdraft coverage to your checking account, checks, drafts or similar other withdrawals payable to third parties, point-of-sale (POS) purchase transactions with an ATM/debit card, or by preauthorized or automatic payment transfers (including ACH and wire transfers) via telephone or online (including Bill Pay). Excessive transactions may result in the Bank, at its discretion, either closing your account or changing your account to a noninterest-bearing account.

4 Interest for the Non Profit Net Analysis Checking account is calculated and paid on the net remaining average available balance after service charges are offset by earnings credit.