Yes. Deposits are federally insured by the NCUA, with additional coverage through Excess Share Insurance for up to $500,000 total.

Business Checking Account

Q: Who can open a business checking account?

Businesses in our service area can open one. That covers Anoka, Carver, Chisago, Dakota, Hennepin, McLeod, Meeker, Ramsey, Scott, Sherburne, Sibley, Washington, and Wright counties in Minnesota, plus Pierce and St. Croix counties in Wisconsin.

Q: Which account is right for my business?

Business Select fits newer businesses or anyone who wants no minimum balance. Business Advantage pays monthly interest once you keep $2,500 or more in the account. Business Advantage Plus adds the most free transactions for balances of $10,000 or more.

Q: What happens if I go over my monthly transactions?

Business Select charges $0.50 per transaction over 50. Business Advantage and Business Advantage Plus charge $0.30 per transaction over their limits.

Q: What do I need to open an account?

Start with our Business Accounts Checklist. Corporations, LLCs, and partnerships also complete the Certification of Beneficial Owners form.

Q: Can I accept card payments through my account?

Yes. Through Clearent, you can take payments in person, on the go, or by invoice, and they deposit directly into your business checking.

Day-to-Day Expenses
Made Simple

Grow your business with a checking account that grows with you.

man-and-woman-reviewing-tablet-in-modern-office-with-sticky-notes

Explore Business Checking Accounts

Business Select

For the business that's just getting going.

No Minimum Balance
Non-Interest Bearing
50 Free Monthly Transactions ($0.50 each after 50)
Debit Card
Overdraft Protection
Free Mobile Deposit
Free Bill Pay
Free eStatements (Required)

Business Advantage

For an established business ready to earn on its balance.

$2,500 Minimum Balance
Interest Paid Monthly
150 Free Monthly Transactions ($0.30 each after 150)
Debit Card
Overdraft Protection
Free Mobile Deposit
Free Bill Pay
Free e-statements
$4 paper statements
ATM Refunds
Debit Cash Back

Business Advantage Plus

For businesses that keep more in the account and want more back.

$10,000 Minimum Balance
Interest Paid Monthly
300 Free Monthly Transactions ($0.30 each after 300)
Debit Card
Overdraft Protection
Free Mobile Deposit
Free Bill Pay
Free e-statements
$4 paper statements
ATM Refunds
Debit Cash Back

Open an Account

What You Get With Business Checking

Debit card for everyday business purchases
Overdraft protection
Mobile deposit from your phone
100,000+ fee-free ATMs nationwide
5,000+ shared branch locations
24/7 account access by phone with ATLIS at (800) 952-8527

woman-working-on-laptop-at-coffee-shop-counter

Get Paid at the Counter, the Market Booth, or the Kitchen Table

Through our partner Clearent, payments go straight into your business checking account.

SwipeSimple

Take cards on any iOS or Android device, whether you're in your shop, on the go, or taking a payment online when the card isn't in front of you.

Invoicing & Payment Requests

Create an invoice and schedule the payment request in one step. You can also send a text-to-pay or email-to-pay link, or share a QR code.

High-Volume Check Deposit

DepositZip Desktop deposits up to 190 checks a minute from your office, so you don't have to make a trip to the branch.

One Checklist to Move Every Auto-Pay

Switching means updating direct deposits, vendor payments, and card processing. Our free guide walks you through it in order, so nothing bounces along the way.

Download the Switch Guide

FAQs

Who can open a business checking account?

Which account is right for my business?

What happens if I go over my monthly transactions?

What do I need to open an account?

Can I accept card payments through my account?

Is my money insured?

Built in Saint Paul for Businesses Like Yours

We've backed local owners since 1928. As a member-owned credit union, we return our earnings to members through better rates and lower fees.

Open an Account Find a Branch

Ready for Better Banking?

Ready to Hit the Road, Water, or Open House?

Welcome Back

Noticed Something Unusual?

Give Your Business Room to Grow

Business Checking Account

Day-to-Day Expenses
Made Simple