FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Commercial Checking
Our Commercial Checking Account is designed for businesses, commercial customers, and organizations looking for a straightforward checking solution. Monthly fee waiver opportunities are available through qualifying account relationships and compensating balance options.
Summary
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$50 minimum deposit to open the account.
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$9.95 monthly service charge.
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Monthly service charge may be waived by maintaining an average ledger balance of $500 or greater, combined deposit compensating balances of $5,000, or combined credit compensating balances of $25,000.
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Available to business, commercial, and organizational accounts.
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Monthly statements are provided on the last business day of each month.
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FDIC insured.
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Optional Murphy-Wall Business Visa® Check Card available, subject to approval.
Cash Back Rewards
When your Commercial Checking Account is used as the primary account for a Murphy-Wall Business Visa® Check Card, you can earn cash back on qualifying debit card purchases when reward qualifications are met. Cash back rewards are automatically credited to your account according to the terms of the Non-Consumer Business Visa® Check Card Reward Program.
Reward Program Features
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Earn 2.00% cash back on qualifying debit card purchases.
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Rewards apply to up to $500 in qualifying purchases per qualification cycle.
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Maximum cash back reward of $10.00 per monthly statement cycle.
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Cash back is credited to the account when reward qualifications are met.
To Qualify
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Maintain an open and active Murphy-Wall Business Visa® Check Card linked to your Commercial Checking Account as the primary transactional account.
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Have at least 18 qualifying debit card purchases post and settle during each qualification cycle.
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Meet all terms and conditions of the Non-Consumer Business Visa® Check Card Reward Program.
Ready to Open Your Account?
Give us a call today or stop by one of our branches.
Let us help you take the stress out of opening your commercial account! Call ahead and we’ll help you make sure you have everything you need.
Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA).
As defined in REGULATION GG, unlawful Internet gambling means to place, receive, or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the Internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received, or otherwise made. Commercial customer means a person that is not a consumer and that contracts with a non-exempt participant in a designated payment system to receive, or otherwise accesses, payment transaction services through that non-exempt participant.
Restricted transaction means any of the following transactions or transmittal involving any credit, funds, instrument, or proceeds that the Act prohibits any person engaged in the business of betting or wagering (which does not include the activities of a financial transaction provider, or any interactive computer service or telecommunications service) from knowingly accepting, in connection with the participation of another person in unlawful Internet gambling–
- Credit, or the proceeds of credit, extended to or on behalf of such other person (including credit extended through the use of a credit card);
- An electronic fund transfer, or funds transmitted by or through a money transmitting business, or the proceeds of an electronic fund transfer or money transmitting service, from or on behalf of such other person; or
- Any check, draft, or similar instrument that is drawn by or on behalf of such other person and is drawn on or payable at or through any financial institution.
As a customer of Murphy-Wall State Bank and Trust Company these restricted transactions are prohibited from being processed through your account or banking relationship with us. If you do engage in an Internet gambling business and have or open a new account with us, you will be required to provide evidence of your legal capacity to do so.