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Small Business
Visions FCU Business Checking Accounts will meet the needs of
large and small businesses. To be eligible, a business must meet membership
requirements. All owners must be in the credit union's field of membership.
For the small business owner, who needs a no-frills,
no-worry, checking account.
Balance falls below $2,500 minimum balance ..................................... $8
First 200 transactions per month
(withdrawals, deposits*, paid checks, transfers) ................................ Free
Over 200 transactions per month ..............................$.24 per transaction
Exceptional volumes of coin/currency
Deposited or supplied .......................................................... To be quoted
Night deposit/over the counter deposit bags ........................ $.25 per bag
* Each check deposited is an individual item.
Maintain a low $2,500 minimum balance and earn a
COMPETITIVE DIVIDEND with NO MONTHLY SERVICE
CHARGE!
Balance falls below $2,500 minimum balance ...................................... $25
If ballance falls below $2500, the following will apply:
Transaction cost
(withdrawals, deposits*, paid checks, transfers) .........$0.10† per transaction
Deposited coin ........................................5% of total deposit (minimum $5)
Coin supplied (McKinley Ave. and Owego branches only)
Up to 100 rolls per month .............................................................. $25
101-499 rolls per month ................................................................ $50
500 plus rolls per month .............................................................. $150
Check orders ......................................................(offered at current price)
Night deposit/over the counter deposit bags ........................ $.25 per bag
* Each check deposited is an individual item.
† If balance falls below $2,500 minimum balance.
Earn Dividends on Average Daily Balance as Follows:
| Balance |
APY |
| $2,500 - $25,000 |
1.00% |
| $25,001 - $99,999 |
1.50% |
| $100,000 + |
2.00% |
NO HASSLE! NO FEES! JUST DIVIDENDS! Are you a non profit organization looking for that promise? Talk to your credit union!
Minimum balance fee............................................................................ Free
Transaction cost.................................................................................... Free
Earn .25% APY* Dividends on Average Daily Balance.
Dividend rates are based on Credit Union earnings at the end of dividend period and cannot
be guaranteed. The Credit Union reserves the right to change or terminate any offerings
without notice. Dividends are calculated using the average daily balance method. This method applies a periodic rate to the average daily balance in the account each month. Dividends are credited monthly and compounded monthly. Checking account activity fees may reduce earnings. If the Checking Account is closed before dividends are credited, you will not receive dividends for the month. *The Annual Percentage Yield (APY) disclosed assumes dividends will remain on deposit for a period of 1 year.
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