Small Business Checking
You’ve worked hard to build your business. We understand your passion, because every day at Cooperative Center, we strive to offer the best products and services to our members so that they can achieve their dreams.
Your small business is the backbone of our community, and we’re here to help you with a checking solution that keeps your money growing. Earn a competitive rate on balances of $2,000 or more and enjoy free online and mobile services to make money management a breeze.
- Simplified checking solution for small businesses
- Earns dividends - see current rates
- Low $15 monthly service fee**
- Unlimited check writing and debit card use
- Free online banking & bill pay
- Free mobile banking
- Free eStatements
- Free telephone banking
- Free Visa® debit card***
- Surcharge-free ATMs through the CO-OP network
- Link to savings for automatic overdraft transfers****
- Overdraft protection available
- $100 minimum deposit to open
*APY = Annual Percentage Yield
**Some accounts may be eligible for a waiver.
The account MUST be for a Non-Profit Business/Organization
The Non-Profit MUST BE TAX EXEMPT and have proof of their FEDERAL TAX EXEMTPION
Waiver requests must be in writing, contain the EIN for the Non-Profit, and include a copy of the Federal Tax Exemption Document.
Waiver requests, if approved, are not retroactive.
***Visa debit card daily limits:
Point of sale purchases – $350 daily limit
ATM withdrawals – $350 daily limit
If the Debit card is used as a VISA credit card – $1,500 daily limit
****$1 fee per overdraft transfer from savings.