Agribusiness Checking Accounts
Our checking accounts for farms offer great value and a variety
of ways to access and manage your money.
Flexibility is key in today’s agriculture environment.
Getting things done quickly and efficiently can have a big impact on the bottom line. We not only
recognize this need, we’re doing something about it by providing advanced online tools for your farm or
agribusiness.

FEATURES OF ALL AGRIBUSINESS CHECKING ACCOUNTS INCLUDE:
- Free mobile deposit*
- Free Visa® debit card issued instantly at all branches
- Visa SavingsEdge®
- Free eStatements
- Digital banking account with free Mobile App*
- Digital wallet service
- Surcharge-free access to Moneypass®
ATMs
BUSINESS
CHECKING
- 50 free check deposit and check clearings1
- No monthly service fees
- No minimum balance
BUSINESS ADVANTAGE
CHECKING
- Earns Dividends - check rates
- 200 free check deposit and check clearings1
- $25,000 minimum daily aggregate deposit and loans balance
- Free Remote Deposit3
- Monthly service fee may apply if account requirements are not met2
BUSINESS PLATINUM
CHECKING
- Earns Dividends (tiered levels) - check rates
- 400 free check deposit and check clearings1
- $25,000 deposit balance -OR- $50,000 deposit and loan aggregate balance
- Free Remote Deposit3
- Free eStatements or $3 fee for paper statements
- Monthly service fee may apply if account requirements are not met4
Data carrier rates may apply
1. Business
Checking and Business Advantage Checking = $0.10 per item fee for checks deposited/cleared in
excess of stated amount. Business Platinum Checking = $0.25 per item fee for checks
deposited/cleared in excess of stated amount.
2. Account requirements for
Business Advantage Checking include $25,000 minimum daily aggregate deposit and loans
balance.
3. Subject to underwriting and approval.
4.
Account requirements for Business Platinum Checking include $25,000 deposit balance OR $50,000
deposit and loan aggregate balance.
Business Checking Account Rates
Effective Date 1/19/2022
Type | Dividend Rate | APY | Min Opening Deposit | Min Balance to Earn Stated APY |
---|---|---|---|---|
Business Advantage Checking** | 0.10% | 0.10% | $0.00 | $0 - $49,999 |
0.15% | 0.15% | $50,000 - $99,999 | ||
0.20% | 0.20% | $100,000 - $149,999 | ||
0.20% | 0.20% | $150,000+ | ||
Business Platinum Checking** | 0.10% | 0.10% | $0.00 | $0 - $49,999 |
0.15% | 0.15% | $50,000 - $99,999 | ||
0.20% | 0.20% | $100,000 - $149,999 | ||
0.20% | 0.20% | $150,000+ |
APY = Annual Percentage Yield
Rates are subject to change without notice.
Dividends compound monthly.
** Fees could reduce earnings
Maximize your business checking account
Magnifi Financial's digital banking and services can help you optimize your business finances by giving you the ability to access and manage your funds from anywhere. Together, with your Commercial Banking Officer, learn about which services are right for you and your business.

Digital Banking
Optimize your business checking account with our digital banking platform and services.
Learn More
Visa SavingsEdge
A free service for Magnifi Financial business debit card holders to save at a variety of merchants.
Learn More
Electronic Services
Check out the additional services you can add on to your account and save you money.
Learn MoreGet Started!
Contact Us
Fill out our online form with some information about your agribusiness and the products or services of interest. Your local Ag Banking Officer will be in touch within 1-2 business days.
Locate a Branch
You can open a business account or loan at any Magnifi Financial location. Each location has a designated Ag Banking Officer, but we recommend you call ahead to make an appointment.
Call Us
We have a dedicated phone line for business members which will help you reach someone who can help faster and save you precious time.
Click here to learn more about what you'll need for your new account.
Maximize your agribusiness checking account
Magnifi Financial's digital banking and services can help you optimize your farm's finances by giving you the ability to access and manage your funds from anywhere, even in the middle of a field. Together, with your Ag Banking Officer, learn about which services are right for you and your agribusiness.

Digital Banking
Optimize your agribusiness checking account with our digital banking platform and services.
Learn More
Visa SavingsEdge
A free service for Magnifi Financial business debit card holders to save at a variety of merchants.
Learn More
Digital Services
Check out the additional services you can add on to your account and save you money.
Learn MoreAdditional Products and Services for Agribusinesses
Check out all of your options you can utilize with Magnifi Financial's suite of products and services! Our Ag team will work with you individually to ensure you're on track to reach your farm goals.

Join the Magnifi Family!
At Magnifi, you're not just a member-owner of an award-winning credit union, you become part of the Magnifi family and receive all the benefits and perks you need to succeed financially.