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Business Banking |
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Business Best Checking
- $100.00 minimum opening deposit
- Monthly statement with canceled checks or images
- No monthly service charge as long as account maintains an average collected balance of $5,000.00 during statement cycle.
$10.00 service charge if balance falls below $5,000.00.
- There is no charge for the first 250 items. There is a .50¢ per item charge for each transaction over 250 regardless of
the average balance maintained.
Regular Business Checking
- $100.00 minimum opening deposit
- Monthly statement with canceled checks or images
- Monthly service charge is $10.00 if balance is over $999.99. $15.00 service charge if balance falls below $1,000.00.
- Activity charges are as follows: 15¢ per debit, .50¢ per deposit, .15¢ per deposited check. Earnings
credit refund of .10¢ per $100.00 of average collected balance per month
- Debit transactions limited to six per statement cycle, three of which may be third party checks and three transfers.
- $15.00 transaction fee per transaction in excess of six.
- If the balance falls below the minimum daily requirement, the interest rate will convert to the interest paid on savings
accounts.
- bank statements
- No minimum balance required
- Limit of fifteen debit transactions per statement cycle, $0.50 per debit over the limit.
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Statement Savings Account
- Interest-bearing account
- $100.00 minimum opening deposit
- Monthly statement
- No service charge as long as account maintains an average collected balance of $500.00 for the month. Monthly service
charge of $2.00 if average collected balance falls below $500.00.
Prime Savings
- Interest-bearing account
- $5,000.00 minimum opening deposit
- Monthly statement
- No service charge as long as account maintains an average collected balance of $5000.00 for the month. Monthly service
charge of $15.00 if average collected balance falls below $5,000.00.
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Business Money Market Account
- Interest-bearing account
- $100.00 minimum opening deposit
- If the average collected balance for the month is over $999.99 there is no monthly maintenance charge. If the average
collected balance is less than $1,000.00 there is a $15.00 monthly maintenance charge. Excess activity: $15.00 per item.
- Debit transactions are limited to six per statement cycle, three of which may be by checks payable to a third party.
Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.
- Monthly statement with canceled checks or images
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- Competitive interest rates
- FDIC insured investment
- $1,000.00 minimum opening deposit
- See Deposit Rate link on Web page
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Internet Banking and Bill Payment
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With Marathon Online Banking, you have access to your accounts 24 hours a day - seven days a week and can do
the following:
- Review balances and transactions on your Marathon accounts.
- View images of checks paid.
- Transfer funds between your Marathon Accounts
- Setup recurring, fixed amount Bill Payments, such as your telephone bill.
- View up to 90 days of deposit account history.
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Getting started is easy
Once you have a Marathon Bank checking account, you can simply go to Marathon Bank's web site
(www.mnbny.com)
and click on the demo button, then sign up for Marathon Online Banking. Complete the Enrollment Form and
electronically submit the form by accepting the agreement. You will be notified by email that your enrollment
form has been received. Once your enrollment form has been approved, we will contact you that your Marathon
Bank Online Banking has been activated and you can use the service immediately.
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Business Installment Loans
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Marathon National Bank of New York offers business installment loans at both floating and fixed rates. Whether
you’re purchasing equipment, renovating your premise, or have any other business needs, one of Marathon National
Bank of New York’s business installment loans will be right for you.
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Commercial Line of Credit
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Need working capital? Marathon National Bank of New York’s commercial line of credit can meet your working
capital needs. Marathon National Bank of New York offers flexible terms that will fit your business.
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Commercial Real Estate Mortgages
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Multi-family, Mixed Use, Commercial Properties, or Construction financing, Marathon National Bank of New York
can do it all. Marathon National Bank of New York will custom fit your needs to ensure that the Marathon
National Bank of New York Commercial Real Estate Mortgage you select will be the perfect mortgage for your
business.
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Small Business Administration (SBA) Loans
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Designated as a certified lender by the United States Federal Government’s Small Business Administration
Lending Program, Marathon National Bank of New York is able to offer all SBA lending programs to help your
business.
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With the Marathon National Bank of New York ATM Debit MasterCard you can access your cash through ATM's
worldwide and make purchases at millions of merchants who display the Master Card symbol.
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