Banking Together: We are pleased to announce legal approval for the merger of First Merchants Bank and Level One Bank. Learn More.
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Business Checking Account Interest Rates

Select Business Checking

Select Business Checking Rates and Annual Percentage Yield (APY)
  $0.00-2,499.99 $2,500-9,999.99 $10,000-24,999.99 $25,000-49,999.99 $50,000-99,999.99 $100,000 +
Interest Rate: 0.05 0.05 0.05 0.05 0.05 0.05
APY: 0.05 0.05 0.05 0.05 0.05 0.05

Interest rates are current as of and are subject to change at any time. For additional information regarding rates or accounts, please contact your local banking center.

APY is paid on the entire balance of the account

Fees may reduce earnings on the account.

Minimum Opening Deposit $100.00

$11.00 monthly service fee. No monthly service fee with $5,000.00 monthly average balance.

Transactions are subject to a fee of $0.55 per deposit, $0.20 per item deposited, $0.27 per check paid, and $0.26 for all other account transactions. Additional transaction fees including cash transaction fees or other miscellaneous charges may apply. See a Bank representative for more details. Commercial Accounts may be subject to separate Treasury Management Fees. Contact a Treasury Management representative for more information. Fees are subject to change. 

Standard FDIC rules apply.

IOLTA Checking

IOLTA Checking Interest Rates and Annual Percentage Yield (APY)
  $0.00-2,499.99 $2,500-9,999.99 $10,000-24,999.99 $25,000-49,999.99 $50,000-99,999.99 $100,000 +
Interest Rate: 0.05 0.05 0.10 0.10 0.10 0.10
APY: 0.05 0.05 0.10 0.10 0.10 0.10

Interest is remitted to the Michigan State Bar Foundation. Interest rates are current as of and are subject to change at any time. For additional information regarding rates or accounts, please contact your local banking center.

APY is paid on the entire balance of the account

Fees may reduce earnings on the account.

Minimum Opening Deposit $100.00

Additional Rates Also Available

We also have rates for the following products online for your reference: Business Savings, Personal Checking and Personal Savings

How can we help?

Call and speak with a customer service representative or visit our Customer Support Center to submit a request for assistance, chat with our team, and view frequently asked questions. 

 

Thank you for visiting https://www.levelonebank.com/Business/Checking-Accounts/Rates
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