BUSINESS CHECKING

With a variety of business banking solutions, we here at Mi BANK are here to support you and your business. Through an ongoing working relationship with you, our bankers help build a curated commercial checking experience for your business. No matter which account fits your business, all commercial checking accounts include online banking, mobile banking, electronic statements, and bill pay.

Please contact us or visit our office to learn more about how we can partner with your business.

Accounts:

  • Mi Business Checking
  • Mi Business Money Market
  • Mi Business CD
  • Mi Non Profit Checking Account
  • Mi IOLTA
  • Mi Commercial Analyzed Account

BUSINESS LOANS

At Mi BANK you have the benefit of speaking directly with the decision makers. We work with you to ensure the best options possible, as quickly as possible.

Please contact us or visit our office, and we can help you find a business loan that works best for you.

Loans:

  • Revolving Lines of Credit
  • Equipment Loans
  • Term and Bridge Loans
  • Land Development Loans
  • Construction Lines of Credit
  • Commercial Real Estate Mortgage
  • SBA Loans

BUSINESS CASH MANAGEMENT

At Mi BANK we take your business needs seriously, and want to provide efficient solutions to keep your business moving forward. Additional sophisticated deposit solutions will keep your hard earned cash working for you.

Please contact us or visit our office to learn more about how we can partner with your business.

Products and Services:

  • Commercial Analyzed Accounts
  • ACH Manager
  • Wire xChange
  • Remote Deposit Capture
  • Check and ACH Positive Pay

FRAUD PREVENTION

At Mi BANK we value the safety and security of you and your business. As such we have outlined some tips and tools you can utilize to help prevent fraud.

As a reminder we will never ask you for account numbers or passwords by phone, email, or text. If you receive a suspicious communication claiming to be from Mi BANK, please contact us right away.

Vendor Information

Maintaining the correct banking information for all the vendors your business uses is an important step you can take to safeguard against fraud. If a vendor suddenly updates their banking information, including where you send your payments electronically, call them to get a verbal verification of the changes before making any payments.

Email Security

    It is important to remain vigilant when interacting with emails. Clicking on links or opening attachments within a malicious email, which are often disguised as an email from someone you know, can sometimes lead to dangerous consequences. Verifying the sender’s email address is correct or hovering over links to preview them are two of the various methods you can use when determining whether an email is malicious or not.

Payments

    Utilizing electronic payments, whenever possible, is a great way to help safeguard your business against potential fraud. When your business sends a physical check in the mail there is a risk of it being intercepted by a malicious third party, who may use that check to obtain your banking information and potentially create fraudulent checks. Whenever your business sends physical checks to vendors, do not leave that mail unattended as visitors in the office could easily take that mail and have a signed check in their hands.

Positive Pay

    Consider adding Positive Pay to your online suite of banking services to help protect against potential check fraud and financial losses. Positive Pay allows you to monitor items clearing through your various business’s accounts and helps catch instances of fraud before it’s too late. Please contact your banker today to learn more about how Positive Pay can help protect your business. Learn More.

Password Management

Having a strong password is an important step to take to prevent fraud. Using complex and unique passwords makes it less probable that someone can gain unauthorized access to your account. For an added layer of protection, we encourage you to also change your password every few months.

Alerts

Setting up and managing the various types of alerts offered in your online banking account is another important step you can take to mitigate fraud. Whether you want to receive alerts when someone is trying to access your online banking or when a transaction is posted to your account, there are a variety of alerts you can enable to help you prevent fraud.