At Members Exchange, your business is our business. We focus on developing lasting relationships with our business members. When you are ready to open a business account, please print out a list of required documents according to your business type.
BUSINESS PRIMARY SAVINGS – The first business account you open at Members Exchange is a primary savings account. Your initial deposit of $1.00 will remain in your business account as long as you are a member.
- Establishes your Credit Union membership
- Maintains your rights and privileges as a Credit Union business member
- Ensures your eligibility to apply for all Credit Union business products and services
BUSINESS MONEY MARKET – Once your business savings account has been established, you then have the option of adding additional services. Maintain the liquidity of your deposits and realize a higher return with our business money market account.
- Maximize interest earnings on liquid deposits without time restrictions
- Tiered interest pays higher rates on larger balances
- Money Market – minimum opening deposit of $2,500.00
SHARE CERTIFICATES – Lock in a fixed interest rate for a specified period of time and earn the highest rate of return on your investments. See our current rates for more information.
- High return on your investment
- $500 minimum deposit
- Terms up to 5 years
e-BUSINESS CHECKING – Members Exchange offers the ultimate checking account to meet your business needs requiring only a $50 deposit to open.
|Minimum Deposit to Open||$50|
|Monthly Service Fee||$10|
|Checks/Debit Items Cleared Free per Month||100|
|Per Check/Debit Fee Thereafter *ACH (Electronic) Transactions are Free||25¢|
|Per Deposit Items Free per Month||100|
|Per Deposit Item Fee Thereafter *ACH (Electronic) Transactions are Free||25¢|
|Cash Management (Sweep) Transfers Free per Month||10|
|Per (Sweep) Transfer Fee Thereafter||$10|
|Minimum Average Balance to earn APY||$1,000|
*To avoid monthly service fees, e-Business Checking Accounts must maintain an average daily balance of $1,000.00.
Click Here for a full list of fees associated with a Business Account.
BUSINESS ELECTRONIC SERVICES:
|e-Statements||Free (paper statements cost $5.00/month)|
|BizPay (online Bill Pay)||$18.95/month first 6 mos. free|
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