Business Accounts
| Checking Account Options | Small Business Checking for Non-Profit/DBA | Business Checking1 |
|---|---|---|
| Best For | Small businesses or non-profits who have a basic need for an account with low activity. | Small businesses that maintain a lower balance with simpler checking needs, requiring fewer monthly transactions. |
| Minimum Balance Required to Avoid Fees | $0 | $500 |
| Free Transactions* | Up to 200 transactions, $0.20/transaction over 200 | Up to 300 transactions, $0.20/transaction over 300 |
| Monthly Fee | $0 | $5.00 waived with $500 minimum balance |
| Cash Management Services | N/A | N/A |
All of our business checking accounts offer the following convenience services:
Free Business Online Banking
Free Mastercard® Business Debit Card with CardValet Service
Free Access to ATMs through the SUM® Network**
eStatements***
Bill Payment
Telephone Banking
Text Message Banking
Night Deposit Bag
Coin Counting
Wire Services
Zero Balance Sweep
$50 credit towards first check order with St. Anne’s Credit Union
Additional Business Accounts
Business Investment Money Market Account****
Keep your cash liquid while earning generous interest. Our Business Investment Money Market Account features tiered interest rates – the more you have on deposit, the higher your earnings. This account links to your St. Anne’s business checking account, giving you total cash flow convenience.
Business Membership Savings Account****
Watch your savings grow with our interest-bearing Business Membership Savings account, enjoying convenient access to your money anytime you need it.
**Return deposit item fee is $5 per month.
***Other institutions may impose a fee for the use of their ATMs if not part of the SUM® ATM network.
****During any statement period, limited to six withdrawals or transfers to another credit union account or to a third party by means of a pre-authorized or automatic telephone order or instruction made by check, draft, debit card or similar order to a third party. Excessive account activity during the statement period may result in a fee or closure. Fees may reduce earnings.