Prepare for your small business's future with an FDIC-insured savings account.
Our flexible and secured savings account options for small business owners and startups are a reliable way for you to set money aside while building interest. The FlexSaver Savings account offers a safe, low-expense way to deposit earnings.
(Your service charge is waived if (1) your minimum daily balance is over $250 or 2) you have an ACH deposit present during the month.)
Variable Interest
Deposit your funds where they can grow.
Dependable Insurance
Secure your savings in an FDIC-insured account.
Affordable Service
Save with a low monthly charge that you can waive by keeping your daily balance over $250.
Here's how we set ourselves apart as one of Illinois and Missouri's best banks for small business savings accounts:
You can contact Midland States Bank using one of the methods below and one of our bankers will get you signed up and provided with credentials and access to your banking product.
Methods of Contact:
The minimum opening balance for small business savings accounts is $50.
We charge a $3 monthly service fee. We also charge a fee of $40 for closing an account within 180 days of its opening.
We'll waive the fee if your daily balance is over $250 or you have an Automated Clearing House (ACH) deposit during the month.
Rates vary according to federal interest rates and the local market.
Small Business Merchant Services
Collect credit card payments anywhere, anytime with merchant services.
Flexible financing solutions for startups and small businesses.
Whether you’ve been running a business for years or just starting out, we’re here to help by phone or in-person. Or complete the form below and a Midland States Bank representative will be in touch to understand more about your story and connect you with options.
A $40 fee will be charged when account is closed within 180 days after opening. The monthly fee is waived each month if: 1) your minimum daily balance is $250 or more, or 2) you have an ACH deposit into this savings account during the month. Variable Rate – Your interest rate and annual percentage yield may change. The interest rate and annual percentage yield for your account depend upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change. Determination of rates and frequency of rate changes - At our discretion, we may change the interest rate on your account at any time and without notice. Fees could reduce earnings..
