Business Accounts
To extend the distinctive benefits of credit union membership to the corporate community, we have developed unique elements for your business – financial services created for small to mid-size companies. These services include business checking, a tiered savings account with higher dividends, merchant banking services, and other small business resources and benefits.
In addition to lower fees and above average yields on deposits, your company will appreciate the convenience of electronic delivery systems such as home banking, eStatements and Mobile phone banking.
Checking
Account
Checks
- Custom printing available
- Traditional check binders – single or duplicate. One to three checks per binder
- Laser Checks – no need for special printer cartridges
- Additional products include stamps, deposit tickets or security devices
Debit Card
- Business name embossing on card
- Unique card; looks different than the personal debit card
- Free Home Banking, Online Statement, and Bill Payment
Dividends
- Earn dividends on $2,500 average daily balance
Business
Services
A great way to meet your cash and operational needs.
- Order currency and coin
- Bank deposit bags
- Link your business information here on our website
Credit Card
Processing
We’ve partnered with a local merchant servicing expert to offer low cost electronic payment processing.
- Convenience card processing including VISA, MasterCard, American Express and debit cards
- Local customer service and servicing
- Proceeds automatically deposited
Remote
Capture Deposit
Provided by our third party source, this device allows retailers to electronically scan and deposit checks remotely via a PC.
- Proceeds automatically deposited
- Affordable alternative to make daily deposits
- Private equipment use arrangements and training made with Tri-Source
Business
Loans
As a small business owner, your most difficult task is finding the money to operate your business. Let us discuss your options.
- Lines of credit, term loans
- Larger asset opportunities
- Business or equipment purchase/expansion, investment and commercial properties
- Refinancing of current loans
Financial
Education
General education that will help you or your employees make good lifelong financial decisions. Including such topics as:
- Budgeting tips
- The mortgage process
- Long term investments
- Private, confidential financial counseling
Fees
You’ll find that credit union business account fees are much lower than traditional banks.
All other usual corresponding account fees pertain but may not be listed below.
Fees are subject to change at anytime.
| Minimum Balance Requirement | $1,000 Daily Average Balance | $3.00 per calendar month |
| Paid Check | 1st 100 checks at no charge. $.03 for each check thereafter | $0.03 per item |
| Deposited Items | 1st 100 checks at no charge. $0.03 for each check thereafter | $0.03 per item |
| Deposit Ticket | 1st 30 deposit tickets free. $1.00 per deposit ticket thereafter | $1.00 per deposit ticket |
| Coin and Currency Exchange | 1st $10,000 per mo no charge. .001 of every dollar thereafter. Maximum $55,000 per mo. Orders greater than $1,000 require 3 hour call/fax notification | $.001 per dollar |
| Overdrawn items | Any item returned that overdraw account. Charged daily per item. 48-hr remedy. Any item returned that does not overdraw the account | $26.00 per item |
| Overdrawn Account | Charge of $3.00 per day until the account is positive | $3.00 per day |
| Transfers | Phoned in: Voice Response, CU@ccess24, Bill Pay: | $2.00 per transaction $0.00 |
| Statements | eStatements | $0.00 |
| Wire Transfer Out | $15.00 | |
| Deposit Bags | Security Bags: Vinyl Logo Bags – 1st bag free: | $33.00 per $3.00 per |
