Business Share Savings Account
This business basic savings
serves as your primary membership account, one that’s required to establish you as a member of SCCU. This account only needs $10 as an opening deposit (your initial $5 deposit and the $5 membership fee) with a $300 minimum balance to avoid the $3 monthly service charge that would be assessed if you have no other SCCU services. This account earns monthly dividends and you can access your funds with a free VISA®
ATM/debit card. Your online statements are free.
Business Money Market Account
This is a traditional business money market account
, with your deposits insured by the NCUA for up to $250,000. Benefits of this type of business account include safety, high yields, and liquidity. The minimum opening deposit is $2,500, which is also the amount you must maintain to avoid the monthly service charge of $15. This money market account comes with unlimited ATM and over-the counter transactions, along with six other monthly transactions: checks, overdraft transfers, debits, Call-24 Bank by Phone withdrawals, and Call-24 Bank by Phone transfers.
Certificates of Deposit
For maximum security and guaranteed rate of return, we recommend our certificate of deposit accounts
. Funds are insured by the NCUA and the annual percentage yield (APY) is fixed through your deposit’s term; available terms range from six months to 60 months. The minimum deposit is $500, and this business account must be fully funded when opened.
Additional Business Banking Solutions
Find more information
about payroll services, merchant services, remote deposit capture, online banking, mobile banking and bill payer services.
You can contact us
about business bank account specifics. Here are phone numbers by location: