• Business Banking Checking Accounts Business Checking
  • Personal Banking Savings Accounts Business Savings
  • Business Banking Conventional Loans Conventional Loans
  • Personal Banking Property Loans Investment Property Loans
  • Business Banking Practice Loans Practice Loans
  • Business Banking SBA Loans SBA Loans
SBA Loans

Business Checking

21st Century Bank is a leading, full-service commercial bank offering tailored personal and business banking solutions and services.

 

21st Commercial Checking

Use your money to effectively manage your cash flow.

 

21st Business Checking

The financial solution you need to efficiently manage and grow your business.

 

21st Non-Profit Checking

A low-cost banking solution for non-profit and community organizations with competitive interest rates.

21st Commercial Checking Details
  • No minimum balance
  • $100.oo opening deposit
  • $12.00 monthly service fee
  • Activity charges: $0.25 per deposit; $0.15 per debit/check; $0.10 per check deposited
  • Earnings credit applied towards service fee and activity charges
  • Uncollected funds usage charge set at the highest Wall Street Journal Prime Rate + 2% (adjusted daily)
  • Free monthly e-statement with check images ($6.95 per month for paper statement)

 

21st Business Checking Details
  • $500.00 minimum balance
  • $100.00 opening deposit
  • 25 free deposits per month ($0.25 per deposit over 25)
  • 50 free debits/checks per month ($0.25 per debit/check over 50)
  • 50 free credits/checks deposited per month ($0.25 per credit/check over 50)
  • $10.00 service fee per month if the minimum balance is not maintained any day of the month
  • Free monthly e-statement with check images ($6.95 per month for paper statement)
21st Non-Profit Checking Details
  • $500.00 minimum balance to earn interest
  • $100.00 opening deposit
  • $500.00 minimum balance or $5,000.00 combined balance of additional non-profit accounts ($5.00 service fee per month if minimum balance or combined balance is not maintained any day of the month and $0.35 per debit fee over 10 debits/checks per month)
  • Tiered interest rates
  • Interest compounded daily and paid monthly
  • Free monthly e-statement with check images ($6.95 per month for paper statement)
  • For current rate information, please call an office near you
SBA Loans

Business Savings

As your business grows, save for your financial goals.

 

21st Business Savings

A convenient way to save money with a low minimum balance requirement at a competitive interest rate.

 

21st Commercial Money Market

Earn more as your balance grows with tiered interest rates.

21st Business Savings Details
  • $200 minimum balance to earn interest
  • $200 opening deposit
  • $200 minimum balance ($9.00 service fee per quarter if minimum balance is not maintained any day of the quarter)
  • Nine free debits per quarter with no more than six per month ($0.50 per debit fee thereafter)*
  • Interest compounded daily and paid quarterly
  • Free quarterly e-statement ($6.95 per quarter for paper statement)

 

*Federal regulation restricts the number of telephone transfers, online banking transfers, checks, debit card transactions and preauthorized transfers on all savings accounts and money market accounts to six (6) per month, but unlimited transfers and/or withdrawals are allowed if done in person, by mail, at an ATM or for loan payments at our bank.

21st Commercial Money Market Details
  • $2,500.00 minimum balance to earn interest
  • $2,500.00 opening deposit
  • $2,500.00 minimum balance ($13.00 service fee per month if minimum balance is not maintained any day of the month)
  • Three debits/checks per month plus three transfers per month ($0.35 per debit fee thereafter)*
  • Tiered interest rates
  • Interest compounded daily and paid monthly
  • Free monthly e-statement ($6.95 per month per paper statement)

 

*Federal regulation restricts the number of telephone transfers, online banking transfers, checks, debit card transactions and preauthorized transfers on all savings accounts and money market accounts to six (6) per month, but unlimited transfers and/or withdrawals are allowed if done in person, by mail, at an ATM or for loan payments at our Bank.

SBA Loans

Conventional Loans

Work with our experienced Lending Team using our financial resources to help your business grow.

Lines of Credit

  • Fast, convenient and affordable way to access short-term funds.
  • Interest only payments on the funds you borrow.

 

Equipment Financing

  • Longer-term financing for equipment purchases, acquisitions, vehicle purchases and other capital expenditures.

 

Commercial Real Estate

  • 21st Century Bank provides both conventional and SBA 504 options for commercial real estate financing. Our expertise ensures a smooth process.
SBA Loans

Investment Property Loans

Purchasing investment real estate is a significant step. We have the expertise and financing options to assist you with virtually every type of real estate:

  • Non-owner occupied commercial real estate
  • Multi-tenant office buildings
  • Shopping centers
  • Multiple or single family dwellings
SBA Loans

Practice Loans

Rely on our industry knowledge to identify the right financing for your practice and save on financing to help your practice grow.

Build a Practice

  • Finance architectural and design fees, construction and other project expenses

 

Grow a Practice

  • Fund everything you need to keep growing and improve your practice
  • Improve cash flows by refinancing existing debt
  • Financing for purchasing the equipment you need

 

Purchase a Practice

  • Get the working capital you need to move your business forward
SBA Loans

SBA Loans

21st Century Bank is one of a select group of SBA Preferred Lenders, consistently ranking in the top 10 Minnesota Lenders. In 2017 the U.S. Small Business Administration (SBA) awarded 21st Century Bank a Minnesota Lenders Award for our personalized approach to helping local businesses succeed, noting our commitment, hard work, and tailored services.

Benefits of working with an SBA Preferred Lender:

  • In-house approval for quick turnaround
  • Dedication to serving the small to mid-size business community
  • The expertise and wide range of tools to serve all of your financial needs

 

Our flexible SBA solutions include:

  • SBA 7(a) Program
  • SBA 504 Program
  • SBA Express Program
SBA7(a) Program Details

Offers the most flexible and longest-term loans and may be used for everything from start-up and real estate to working capital and equipment.

SBA 504 Program Details

Designed to help small businesses acquire fixed assets such as commercial real estate or equipment. Provides long-term financing with low down payment options.

SBA Express Program Details

Provides working capital lines of credit for manufacturing, wholesale, services, and retail businesses. May be used to finance inventory, accounts receivable and more.

Cash Management

  • Mobile banking icon Business Online Banking
  • Mobile Deposit Icon Remote Deposit
  • Money exchange icon Automated Clearing House (ACH) Origination
  • Wire transfer icon Wire Transfers
  • Online bill pay icon Online Bill Pay
  • merchant credit card services icon Merchant Card Processing
  • Sweep services icon Sweep Services
Sweep Services

Business Online Banking

Banking anytime… anywhere.

  • Account management 24/7
  • Tracking of transactions in real time
  • View images of checks
  • Access account statements
  • Transfer funds
  • Dual control options
  • Multiple levels of security available
Sweep Services

Remote Deposit

Deposit checks into your 21st Century business account without ever leaving your office.

  • Reduce trips to the bank
  • Same day credit if processed before the cut off time
  • Secure transmissions
  • Eliminate fear of lost or stolen checks
  • Utilizes easy to use desktop scanner
  • Help desk available for questions or concerns
Sweep Services

Automated Clearing House (ACH) Origination

Provides the flexibility of securely originating ACH debit or credit transactions through 21st Century Bank Business Online Banking.

  • Streamline your payment process
  • Eliminate costs associated with check processing
  • Expedites payments
  • Improves cash flow
  • Benefits employees and vendors
  • Payments can be originated in advance
  • Process return items more efficiently
Sweep Services

Wire Transfers

Convenient and secure way to receive or send same day payments.

  • Domestic and foreign wires
  • Secure method of payment
  • Payments available in US dollars or foreign currencies
Sweep Services

Online Bill Pay

Save both time and money by paying bills online.

  • Available through 21st Century Bank Business Online Banking
  • Make one time payments or schedule future or reoccurring payments
  • Easy to use
  • Total control over changing, rescheduling or canceling payments
  • Safe and secure
Sweep Services

Merchant Card Processing

Enjoy the convenience of being able to accept all major credit cards, Visa, MasterCard, American Express or Discover. 21st Century Bank has partnered with a secure processor to offer you the most advanced payment processing technology available for merchant credit card payments.

  • Faster transaction processing time
  • Decreased processing and administrative costs
  • Several processing solutions, tailored for your needs
Sweep Services

Sweep Services

Optimize your available funds.

  • Earn interest on excess balances while keeping your funds liquid
  • Eliminate or reduce overdraft charges
  • Reduce the time and expense of monitoring daily cash flow
  • Maximize interest earnings
  • Transaction limitations for Money Market Accounts and Savings accounts apply

“I value our relationship with 21st Century Bank. The bank recently helped me structure a business refinance. When some of the big players told me it couldn’t be done, 21st Century Bank made it happen.”



- Janet Johanson, President and COO BevSource
"We took the opportunity to expand, and 21st Century assisted us… We did our due diligence, and 21st Century provided an excellent finance package for us—they have been an excellent partner."
- Ricky Brown, Business Manager    Rapid Marine

“21st Century Bank took a very complicated situation and simplified it, they made it stress free for us. They did the small things to make us feel comfortable. We knew then that they were the bank for us."



- Emmanuel Efiong, President and CEO
   E & M Manufacturing, Inc.

"They really are there to support our business, and they always provide their help with a smile. They also tailor products and services to our needs,” he said. “21st Century Bank is there as a true partner."



- Jeffrey Bores, Partner Chestnut Cambronne Attorneys at Law

“I value our relationship with 21st Century Bank. The bank recently helped me structure a business refinance. When some of the big players told me it couldn’t be done, 21st Century Bank made it happen.”



- Janet Johanson, President and COO BevSource