Whether for your business or personal life, you choose a bank to help you save, spend and grow your money. You choose to bank in Missouri because it's where you live or where you work.

Banks in Missouri work hard to give you the services you need. Midwestern businesses of any kind understand hometown values and give you the best of customer service and quick results.

When you consider banking in Missouri, keep the following in mind:

1. Utilize a Missouri bank that’s a customer-focused financial institution that will work with you to create the best plan.

2. Bank close to home; work with a Missouri banking institution close to your office for your convenience.

3. Use online services when you need quick banking but can't get away from the office. Most Missouri banking institutions offer free online banking with their regular services.

Action Steps
The best contacts and resources to help you get it done

Choose a commercial bank in Missouri to fit your needs

Compare Missouri banks to decide which will work best with your business and personal requirements. If you need a national bank with branches all over the United States, or if you want your employees to receive free checking and savings plans, make sure you get it. Choose from local banks in Missouri to find the one with which you are most comfortable.

I recommend: Look at the differences in checking accounts offered by Missouri banking institutions. Allen Bank and Trust Company offers multiple types of accounts based on your career, business size and point in life. Make sure to look at the fees attached to the accounts so you know exactly what you'll be billed each month.

Apply for a home or business loan from a Missouri commercial bank

Your business is always growing and so is your need for new equipment, supplies or office space. Use Missouri commercial banking to apply for a loan, business or personal, to get the things you need right now.

I recommend: Contact US Bank, which offers Term loans, SBA loans and agriculture loans. Use a loan calculator to find out what your payments will be with specific interest rates and terms.

Use Missouri commercial banking online and telephone services

With your busy schedule, you won't always be able to get to the bank by closing time. You and your business will benefit from online banking which you can use any time, day or night. Commercial banking in Missouri is much more efficient.

I recommend: Order checks online when you realize you need them instead of noticing you're out at the worst time. Look into an online savings account from Capital One Direct Banking if you only want to bank online. Or view Truman Bank's online bill paying demo to see if the service is right for you.

Add extra features to go along with your business banking in Missouri

You can choose to add extra services from Missouri commercial banks such as payroll assistance, business credit cards, merchant card processing and high-yield savings accounts. Many banks allow you to set up business plans choosing a certain number of these features included in the initial price. Others charge you more for each feature, so make sure to know exactly how much it will cost.

I recommend: Use Bank of America small business credit cards and take advantage of online bill pay to pay them off each month directly from your checking account. Bank of America also offers assistance with merchant card processing to allow your business to run online or offer customers greater payment options. Choose to add direct deposit and payroll assistance to transfer your employees' payroll directly into their checking accounts.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Use the same bank for all your business and personal accounts for more convenience--you don't have to use a separate institution for corporate banking. In Missouri, banks are very organized with separating accounts so you don't mix up information.
• •  Make sure your bank is secure with its online information. Most banks in Missouri ensure their website is secure but it doesn't hurt to check.