Business Checking Accounts
Tech CU offers two business checking account options to meet your business' banking needs. Both checking accounts enjoy the following benefits:
- Free Business Visa CheckCard
- Free Online Banking, including Bill Pay, bank-to-bank transfers, eStatements and eNotifications services
- Free Overdraft Protection
| |
Business Basic Checking |
Business Interest Checking |
| Earns Dividends |
No |
Yes |
| Annual Percentage Yield |
N/A |
0.050% |
| Minimum opening deposit |
$100 |
$100 |
| Minimum Balance Requirement |
N/A |
$5000
(Average daily balance) |
| Monthly Minimum Balance Fee |
N/A |
$10 |
| Monthly Services Fee |
$5
(Waived for non-profit accounts)
|
N/A |
| Free Transactions |
250 |
500 |
| Excess Transaction Fee |
$.50 for both debits and credits over 250 transactions; 4 free rolls of coin then $.10/roll; $1500 cash deposit then $.10 per $100 |
$.50 for both debits and credits over 500 transactions; 4 free rolls of coin then $.10/roll; $2500 cash deposit then $.10 per $100 |
| Dividends are calculated and paid monthly. Annual Percentage Yield is accurate as of April 1, 2007. Rates are subject to change without notice. | |
Business Visa® CheckCard
Obtaining a Tech CU Business CheckCard is free. Manage your transactions safely and conveniently with a CheckCard, and enjoy the following benefits.
- Track your expenses and deductions electronically through Tech CU's free Online Banking service.
Save money on check reorders, postage and more, because you can use your card instead of writing checks. Your Tech CU Business CheckCard is accepted everywhere Visa cards are welcome.
Make purchases where checks are not accepted, include online and mail order supplies.
No card is more secure. With Tech CU's Zero Liability Policy*, if your card or its number are ever lost or stolen, you are not responsible for any unauthorized purchases, even if they're made online, by mail or over the phone.
Give cards to employees. You can assign up to four CheckCards to authorized signers at no additional charge.
You can order your Business Visa CheckCard online by signing in to your Online Banking account, or by calling Member Services at 408-451-9111 or 800-553-0880. To instantly receive a Tech CU CheckCard, simply visit any of our branch offices and request one.