Checking & Savings

Business Checking Accounts

Business Checking

Designed for businesses that do not have a lot of transactions, this popular account features unlimited check writing with no minimum balance requirement and no monthly service charge. Members may process up to 150 items per month at no fee.  See the Business Fee Schedule for more details.  Members receive a descriptive statement at the end of each month, and can also access their account at any Credit Union office; at Plus, AFFN, and The Exchange ATMs; on shareNet, and through UNO, our telephone audio response service. Online Bill Pay and Electronic Statements are available at no cost. Dividends are paid monthly on balances over $999.99.

Commercial Checking

For businesses with more transactions, this account can be more economical. Featuring unlimited check writing, only a small balance is required to avoid a monthly service charge. Members may process up to 250 items per month at no fee.  See the Business Fee Schedule for more details.  Members receive a descriptive statement at the end of each month, and can also access their account at any Credit Union office; at Plus, AFFN, and The Exchange ATMs; on shareNet, and through UNO, our telephone audio response service. Online Bill Pay and Electronic Statements are available at no cost. Dividends are paid monthly on balances over $999.99.

Non-Profit Checking

This account is designed specifically for those members who are registered as non-profit organizations. It features unlimited check writing with no minimum balance requirement and no monthly service charge.  Members may process up to 250 items per month at no fee.  See the Business Fee Schedule for more details.  Members receive a descriptive statement at the end of each month, and can also access their account at any Credit Union office; at Plus, AFFN, and The Exchange ATMs; on shareNet, and through UNO, our telephone audio response service. Online Bill Pay and Electronic Statements are available at no cost. Dividends are paid monthly on all balances.

Business Benefit Checking

For those members who maintain higher balances in their account, Business Benefit Checking is the perfect solution. It pays higher dividends based on higher balances, and features unlimited check writing with only a small balance required to avoid a monthly service charge.  Members may process up to 250 items per month at no fee.  See the Business Fee Schedule for more details.  Members receive a descriptive statement at the end of each month, and can also access their account at any Credit Union office; at Plus, AFFN, and The Exchange ATMs; on shareNet, and through UNO, our telephone audio response service. Online Bill Pay and Electronic Statements are available at no cost. Dividends are paid monthly on balances over $1,999.99.

Overdraft Protection

When a business checking product is opened, Overdraft Protection will be established with the Business Prime Share Account.  If an item is present against the business checking product and funds are not available, a transfer will be done from the Business Prime Share Account to the business checking product when there are sufficient funds in the Business Prime Share Account to cover the item.  A small, per item fee is assessed for this service. At the member's request, Overdraft Protection can be established between accounts other than the Business Prime Share Account that are owned by the same business member.

Overdraft Privilege

Overdraft Privilege is a service provided to all eligible business members six months after account opening.

Overdraft Privilege is designed to help guard members against having items submitted for payment against their checking account from being returned by the Credit Union. If for any reason eligible members overdraw their checking accounts covered by Overdraft Privilege, the Credit Union may elect to cover their overdrafts up to $500 per eligible checking account. As long as members remain in good standing and bring their accounts to a positive balance within 30 calendar days FOR A MINIMUM OF TWENTY FOUR HOURS, they will continue to receive Overdraft Privilege. This will not change any existing Overdraft Protection that members may already have in place. Overdraft Privilege will protect eligible members who have not established Overdraft Protection, or members who have exhausted the available funds on their existing Overdraft Protection.

An Overdraft Fee of $25 per item will be assessed when Overdraft Privilege is utilized. The Overdraft Privilege limit amount includes any fees assessed. The Overdraft Privilege limit will not reflect in the Available Balance, however will be available on eligible accounts when a transaction occurs.

Members may access Overdraft Privilege:

• Through checking and ACH transactions (items you have set up with third parties to debit your account automatically)
• At the ATM
• Using a Visa Check Card
• At the Teller Window
• Using shareNet
• Using UNO
• By completing transfers between accounts

Members will receive a letter informing them when Overdraft Privilege is made available on their checking account. For more information, or to OPT OUT of Overdraft Privilege, please contact Members Services at (540) 663-2181.