Business Banking Booklet 2020

pay, mobile banking with text alerts and Touch ID fingerprint security, mobile deposit, and free inte- gration with QuickBooks. Business Savings Maintaining a solid savings account can keep your business prepared for anything. From unexpect- ed emergencies to expansion opportunities, this account makes it easy for your business to be one step ahead. Standard add-on features include online cash manager, bill pay, mobile banking with text alerts and Touch ID fingerprint security, mobile deposit, and electronic statements.

Money Market

Expense Management

This savings account can yield investment-level earnings, with limited check writing as well, so you can have easy access alongside your increased earn- ings. Its tiered-rate structure rewards larger balances with higher rates to help you increase your savings faster than you can with a regular savings account.

MidWest One offers expense management to help your business electronically process, approve and audit employee credit cards. Features include; map- ping transactions to your company’s specific general ledger and cost center system; reimbursement for mileage and out-of-pocket expenses, receipt imag- ing and the ability to create and customize a report to upload directly to your accounting system. No matter the size of your business, we have an ex- pense management solution to fit your needs. If you are looking to create efficiencies and earn rewards on your account payables, a MidWest One Accounts Payable card programmay be the solu- tion for your business. With an accounts payable card, a card number is issued and assigned to a specific vendor for use with recurring orders such as inventory purchases. Purchases for each vendor are itemized on separate statements and all vendor transactions roll up to your corporate billing for one efficient payment. Plus, you earn one point for every dollar in net purchase volume. Accounts Payable Cards

Certificate of Deposit

Make the most of your company’s assets with a CD. These risk-free investments usually earn greater rates than savings, yet maintain FDIC insurance. Choose the term length that best suits your busi- ness needs and the money will grow all on its own. Credit Card Services Online Business Credit Card Management The eZBusiness Card Management solution pro- vides your company the ability to oversee and manage your credit card accounts via access to a robust online program. View real-time transactions, adjust credit limits, make payments frommultiple checking accounts, view statements immediately, and performmaintenance all with this efficient and comprehensive tool.

Merchant Payment Processing

Accepting credit, debit, and prepaid cards maximiz- es sales and profits. Utilizing MidWest One ’s plan to