When you hear “basic” you might think “cheap.” You’d be right. Get 200 monthly transactions — free of monthly service charges.
- No Monthly Service Charges
- No Minimum Balance Requirements
- Free Digital Banking
- 200 Free Monthly Transactions
- $50 minimum deposit to open
- A $5 monthly service fee will be charged for the following three business account types: Limited Liability Company (LLC), Corporation (Inc.) and Partnership
- Designed for businesses with low transaction volumes
- No minimum balance requirements
- 200 free transactions per month; 20¢ per transaction thereafter
- Free digital banking
- Free Mastercard® business debit card
- Nationwide surcharge-free ATM access
- Shared branches in all 50 states
This account features a Debit Mastercard Business Card, customized with your business name. Accepted by millions of merchants worldwide (as well as for online/phone purchases), your Debit Mastercard Business Card can also be used at ATMs worldwide — and surcharge free at over 25,000 CU ANYTIME and CO-OP machines nationwide.
Some business account types are subject to a monthly $5.00 business account fee.
Please review the Business Accounts Required Documents Handout for supporting information and documentation needed to open a business account.
Due to recent business account regulation changes from the Financial Crimes Enforcement Network (FinCEN) which has issued final rules under the Bank Secrecy Act to clarify and strengthen customer due diligence (CDD) requirements for “covered financial institutions,” including credit unions; the following business entity types will be required to complete a Certification Regarding Beneficial Owners of Legal Entity Customers, Appendix A form. ><(((º> A $5 monthly service fee will be charged for the following three business account types: Limited Liability Company (LLC), Corporation (Inc.) and Partnership.