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Need a bank that can meet all of your financial needs? Well, here are the best banks for businesses in Milwaukee. Whether you need a business loan, credit card, checking or savings account, or merchant services, we’ve got you covered.
Best Business Checking Accounts in Milwaukee
The best banks with the best checking accounts for businesses in Milwaukee are:
- BMO Harris Bank – Best for Business Banking Solutions
- Associated Bank – Best for Small Business Loans
- Johnson Bank – Best for Commercial Banking Services
- Tri City National Bank – Best for Personalized Service
BMO Harris Bank – Best for Business Banking Solutions
BMO Harris Bank offers a range of banking solutions tailored to the needs of small and large businesses. One of the most notable solutions is their cash management services, which can help businesses to manage their cash flow effectively. These services include remote deposit capture, wire transfers, and automated clearing house (ACH) payments.
BMO Harris Bank also offers merchant services to enable businesses to accept credit card payments and online and mobile banking services to provide convenient access to accounts and financial data. In addition, they provide investment and wealth management services to help businesses plan for their financial future.
Why we chose it: We chose BMO Harris Bank for its comprehensive and innovative business banking solutions that cater to the unique needs of small to large-sized businesses.
- Comprehensive business banking solutions
- Personalized service and support for business owners
- Online and mobile banking options with advanced security features
- Access to a large network of branches and ATMs
- Higher fees for certain services compared to other banks
- Relatively low-interest rates on business savings and checking accounts
Associated Bank – Best for Small Business Loans
Associated Bank offers a quick and easy application process that allows businesses to apply and receive funding efficiently. With their various loan options, including lines of credit and SBA loans, businesses can find the perfect fit for their financial needs.
Associated Bank offers competitive interest rates and flexible repayment terms, making it an attractive option for small business owners. Associated Bank also has a team of experienced loan officers available to assist businesses throughout the loan process, ensuring a smooth and stress-free experience.
Why we chose it: We chose Associated Bank as the best bank for small business loans because of its streamlined application process and competitive interest rates.
- The fast and easy application process for small business loans
- Competitive interest rates for small business loans
- Wide range of small business loan options
- Offers a variety of other business banking products and services
- Limited geographic footprint compared to larger national banks
- Higher fees for some business banking products and services
Johnson Bank – Best for Commercial Banking Services
Johnson Bank offers a range of commercial banking services for businesses. Their services include treasury management, merchant services, and online banking tools that allow businesses to efficiently manage their finances.
Johnson Bank’s commercial lending services also help businesses finance capital projects, equipment purchases, and working capital needs. They have a team of experienced bankers who can provide personalized solutions for businesses of all sizes.
Why we chose it: Johnson Bank’s comprehensive range of commercial banking services, personalized solutions, and commitment to local communities make it a top choice for businesses in Milwaukee.
- A wide range of commercial banking services for businesses of all sizes
- Personalized solutions tailored to individual business needs
- Experienced bankers who provide excellent customer service
- Strong commitment to local communities
- Limited physical branches compared to other banks in the area
- May not offer the lowest interest rates on loans compared to some competitors
Tri City National Bank – Best for Personalized Service
Tri City National Bank offers personalized service to its customers, making it easier for small business owners to connect with bank staff and get assistance with their needs. The bank’s small size allows for more individualized attention to customers, and they offer customized financial solutions tailored to meet the unique needs of each business.
Tri City National Bank also offers a range of business banking services, including business checking and savings accounts, loans and lines of credit, and merchant services. Their online banking platform is user-friendly and allows for easy management of business finances.
Why we chose it: Tri City National Bank was chosen as the best option for personalized service due to their commitment to building strong relationships with their clients and providing customized solutions to meet their unique needs.
- Personalized service and attention
- A local community bank with a strong focus on customer satisfaction
- Offers a variety of financial products
- Easy online and mobile banking options
- Limited physical locations and ATM network compared to larger banks
- Fees may be higher than some other local community banks
Recommended Bank Account for Businesses in Milwaukee
BMO Harris Bank, Associated Bank, Johnson Bank, and Tri City National Bank are some of the best banks for businesses in Milwaukee. With their unique strengths in providing business banking solutions, small business loans, commercial banking services, and personalized service, they can help businesses achieve their financial goals.
