MCN Partners and Cost-Saving Programs
Bremer Banks

As a membership organization, MCN has long sought to use economies of scale to take advantage of the buying power of our 1,200 member organizations. This is increasingly important in the competitive financial services market, where nonprofits can get lost in the shuffle of big business. We’ve embarked on this partnership with

Checking Accounts
Whether you are a smaller organization needing a simple account or a larger organization demanding a lot of your account, Bremer's checking accounts are designed to save you time so you can focus on your mission. All are interest bearing with variable minimum balance requirements. Bremer also has a variety of check handling services such as CD ROM storage, check storage, CheckView, check imaging statements, check safekeeping, and check return.
MCN Member Bonus: 30 Basis points (.30%) over regular rate.

Certificates of Deposit
Certificates of deposit are investment opportunities that offer a fixed return and the security of FDIC insurance. For organizations that have funds invested for a specified period of time, Bremer offers a vareity of terms at competitive rates. Minimum term: six months. Minimum deposit: $5,000.
MCN Member Bonus: 10 Basis points (.10%) over regular rate.

Money Market Investment
For organizations that have funds to invest, but need to ensure those funds are readily accessible, Bremer's Money Market Investment account offers a great return on your investment, the security of being FDIC insured*, and easy access to funds through checks, Internet banking, telephone banking, and the Business Check Card. Because the yield is tied to a national money market fund index, you will always get the most competitive rate. Minimum deposit: $10,000.
MCN Member Bonus: 10 Basis points (.10%) over regular rate.

Money Market Investment Premier
Another great investment tool that allows easy access to your funds, Bremer's Money Market Investment Premier account offers your organization an excellent rate and rewards you with interest rates that increase as your balance does. Your rate is tied to the iMoneyNet Money Fund index, a national average published in the Wall Street Journal. Plus, you'll have easy access to your account through checks, Internet banking, telephone banking, and the Business Check Card. Minimum deposit: $100,000.
MCN Member Bonus: 10 Basis points (.10%) over regular rate.

Merchant Bankcard Services
Bremer's Merchant BankCard Services with Electronic Draft Capture may help your organization efficiently process customer or donor credit card transactions. It reduces paperwork, provides faster authorization response, enables you to receive collected funds on the second business day on all VISA/MasterCard transactions without having mail or bring items to the bank.
MCN Member Bonus: Special association pricing by pooling all MCN members' transactions. As association volume increases, pricing decreases.

Bremer Direct Line of Credit
Bremer Direct ** is a simple, hassle-free line of credit designed specifically for smaller organizations. It can be used for any purpose including short-term working capital, seasonal purchases, inventory, payroll, and other cash flow needs. You can also access your Bremer Direct line of credit by writing a special Bremer Direct check or by transferring funds using the Internet or telephone banking services. Bremer Direct can also be tied to your checking account and acts as overdraft protection.
MCN Member Bonus: Waived annual and documentation fees.

Employee Benefits Banking Program
MCN Members who have their primary checking account with Bremer may offer their employees Bremer's Benefit Banking Program. This program is designed to provide an additional benefit to your employees at no additional cost to you. Benefit Banking is a comprehensive financial services package with special offers on personal banking, investments, trust, and insurance services. This ads value to your employee benefits program.
MCN Member Bonus: No minimum employee requirements.

Special offers are available to current MCN members only. To find out if your organization is currently a member, visit MCN's current membership list. Bonuses and discounts do not apply to special promotional offers. * Deposits of up to $100,000 per depositor are FDIC insured. ** Credit qualifications required. 

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