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Opening a Small Business Checking Account

Midland offers checking accounts for small businesses in Missouri, Illinois, and beyond. Our Pro™ Essential checking account unlocks 350 free transactions each month with a low minimum opening balance.

A Checking Account that Grows with You

You can upgrade your checking account as your business grows or graduate to more enterprise services like Treasury Management. We offer product options that work with your existing tech stack or can integrate with the software you plan to add such as Mastercard Digital Doors, Quickbooks, online banking, credit cards, and more.

  • $0 per month*
  • $100 minimum opening balance
  • $0 minimum monthly balance requirement
  • 350 free transactions per month
man looking at his computer
*This account comes with monthly statements. Choose which type of statement you prefer to receive:
Online Statements (e-Statements): $0 | Mailed Paper Statements: $3

Key Features & Benefits

Minimal Balance Requirements

Open an account with as little as $100 and spend without a monthly balance requirement.

Hundreds of Transactions

Complete up to 350 transactions each month at no additional cost.

Affordable Online Services

Access free online banking tools.

Ready To Simplify Your Banking?

1. Getting Started To open your account online, we will need to gather information specific to your business.
2. Account Eligibility You'll be asked to review initial eligibility information.
3. Open Your Account The application typically takes about 10-15 minutes.
They always are friendly and helpful. I like the online banking and how easy it is to transfer money from savings to checking. 
Theresa, Customer for 20 Years
Your responses are quick and polite. You make banking understandable and easy.
David, Customer for 9 Years
I have banked with you since 1970, and have always been pleased with you. Anytime I have had a question, you have helped me. Thanks. 
Shirley, Customer for 30+ Years

Frequently Asked Questions

How do I open a small business checking account?

You can contact Midland using one of the methods below and one of our bankers will help you sign up and provide you with credentials and access to your banking product.

Methods of Contact:

  1. Open an account online
  2. Call 1-855-696-4352
  3. Schedule an appointment or stop by a local branch

How many transactions can my business make each month?

You can make up to 350 free transactions each month with a Pro™ Essential Checking account. The limit includes the sum of all deposits and payments

Are there fees for exceeding transaction limits?

Midland charges a $0.50 fee for each transaction past the 350-transaction monthly limit.

Is there a minimum deposit for checking accounts?

There is a minimum deposit of $100 for Pro™ Essential Checking accounts.

Will my business receive physical checks?

Yes! You will receive physical checks when you open your account. You can purchase additional checks online through Deluxe by entering the Midland States Bank routing number 081204540 or over the phone.

What should I do if I see a fraudulent transaction on my checking account statement?

Please report any fraudulent transaction by calling 1-855-696-4352.

Does this account offer overdraft protection?

Yes, when you open a Midland checking account, you'll have access to several types of overdraft protection tools. Upon opening an account, we automatically enroll you in Courtesy Overdraft Coverage, but you can also choose additional overdraft services.

Pro™ Essential Checking transactions include deposit tickets, deposited items, checks, ACH, wire and other transactions. A fee of $0.50 will be charged for each additional transaction over 350 per month. A $40 fee will be charged when account is closed within 180 days after opening. Special offers subject to change and without notice. Some restrictions may apply.

Prefer Personal Assistance?

Our team of dedicated professionals are here to support you.