Business Saving & Investment Options

We understand that saving for the future is important for your business. With this in mind, we have created a wide variety of savings options to meet your specific goals and objectives. Whether you are saving for a new piece of equipment, a new building, or just putting money away for a rainy day, rest assured that Macatawa Bank can help!

Business Savings

Business Savings is an interest bearing savings account that provides you with a competitive interest rate on your excess funds.

Key Features:
• No monthly service charge with $100 minimum balance.
• Interest Rate Tiers
  $0-$999
  $1,000+
• Six pre-authorized debits per month
• Online Account Access

Business Money Market

Business Money Market is an interest bearing money market account that provides you with a competitive interest rate on your excess funds and limited check-writing ability.

Key Features:
• No monthly service charge with $1,000 minimum balance
• Interest Rate Tiers
  $0 – $9,999
  $10,000 – $74,999
  $75,000 – $499,999
  $500,000 +
• Limited Check writing ability
• Six pre-authorized debits per month.
• Online Account Access

Institutional Money Market

Institutional Money Market is our premium interest bearing money market account. This account provides you with a competitive interest rate on your excess funds and limited check-writing ability. This account is designed for clients who maintain liquid savings balances greater than $500,000.

Key Features:
• No monthly service charge
• Interest Rate Tiers
  $0-$499,999
  $500,000 – $749,999
  $750,000 – $999,999
  $1,000,000 – $2,499,999
  $2,500,000 – $4,999,999
  $5,000,000 +
• Limited Check writing ability
• Six pre-authorized debits per month.
• Online Account Access

Certificate of Deposits (CD’s)

Certificate of Deposits are another way Macatawa Bank helps to make your money grow. We offer a wide range of CD options to meet your specific businesses needs, including Business CDs, Non-Profit CD’s, and Public Funds CD’s. No matter what type of organization, we have a Certificate of Deposit that will work for you.

Key Features:
• $1,000 minimum balance to open
• Fixed Interest Rates
• Terms available up to 60 months
• Automatically Renewable or Single Maturity