Business Interest Checking
Many businesses bring their checking to SCCU for this no–sweep interest account. It’s smart to let your money work for you at SCCU without the continual sweeps that traditional banks are required to perform. Sweeps are costly, make record keeping confusing and they easily result in mis-managed transfers.
Features include:
- High Yield Interest Rates – No Sweeps Required
- No Monthly Fee if Balance is Above $4,500
- Monthly Fee of Only $18.00 if Balance Drops Below Minimum
- Free Business Visa Debit Card
- Up to 250 transactions per month at no charge*
- Online Banking free
- Multiple User Access to Online Banking Free
- Online Bill Payer Available
TO OPEN YOUR BUSINESS ACCOUNT
To open your Business Account please contact your Business Services Manager, visit any branch or call Express Services at 800–447–SCCU (7228), option 5. If you aren’t a Member yet, no problem it’s easy and we’ll take care of it when you open your account.
You will need the appropriate documentation for your business, along with your initial deposit. Visit SCCU.com/businesstoolkit for the Business Documentation Checklist. If your Business Account will be joint, both account owners must be present to sign. As part of your account opening process, we will present you with a Business Resolution Form and Business Service Account Agreement
* Transactions are defined as a combination of items deposited and checks or transfers cleared from the account. Example: The Free Business Checking account provides you with 175 free items deposited and 75 free checks/transfers cleared each month. Please refer to your new account disclosures for specific details.
