Business Checking

Our business checking account can save you money by avoiding fees, and save something just as valuable for busy business owners — time. Enjoy these benefits:

• Visa Debit Card (with ScoreCard rewards that earn bonus points towards travel)
• Earn dividends on amounts exceeding the minimum balance requirement (see below for minimum balance requirements applicable to each account type)
• 24/7 online access to your accounts
• Your savings are federally insured up to $250,000, plus $250,000 of additional coverage is provided through Excess Share Insurance, a subsidiary of American Share Insurance, the nation’s largest private deposit insurer

Choose from two different accounts based on your business:

Low-Volume Business Checking

• $200 monthly minimum balance ($5 monthly below-minimum fee)
• 50 free debits per month ($0.25 per additional debit)
• $25 returned-item fee
• $3 deposit-correction fee

High-Volume Business Checking

• $500 monthly minimum balance ($5 monthly below-minimum fee)
• 500 free debits per month ($0.15 per additional debit)
• $25 returned-item fee
• $3 deposit-correction fee

For a list of our fees, please check our fee schedule.

APY -- Annual Percentage Yield (the yield you earn on a deposit over a year)

Checking account dividend rates are based on the credit union’s earnings at the end of the dividend period, and thus cannot be declared in advance.

National average rates provided by Datatrac, an unbiased research firm that monitors interests rates from over 20,000 financial institutions nationwide.

Funds deposited to your account are made available based on the following schedule (this includes deposits made at MECU locations and shared branch locations, drive-up, teller, mail and ATM deposits, as well as deposits made for purchase of money orders):