Make the most of your company's money
Help grow your business by opening a premium business checking account that pays dividends on balances of $500+.
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Good to know
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Balance requirements
Keep a minimum daily balance of at least $5,000 or a $10,000 average daily balance to earn dividends and avoid a $15 monthly minimum balance fee.
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Deposit limits
You can have a maximum of 50 free deposits per month, with a 75-item limit per deposit.
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Fee-free item monthly limit
The maximum number of fee-free items paid from your account (ACH, debit, check, etc.) per month is 500.
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Withdrawal and deposit fees
It costs just $5 for each cash withdrawal or deposit of $5,000.
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Coin and currency processing
Enjoy coin and currency processing up to $5,000 per month. Get the details.
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Business Online Deposit
Business Online Deposit makes it easy to deposit checks from the convenience of your office. With a few clicks, you can upload and process images of each check so you can continue taking care of other tasks at work!
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More Business Online Deposit highlights
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Secure and convenient deposits
Online deposits are fast, safe, and secure, so you can rest easy knowing your money is protected.
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View check images
Reconcile and review your deposited checks if necessary.
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Review deposit history anytime
You can track your account deposits and current balances without visiting a branch.
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No monthly fees
Access the convenience and security of online deposits without paying monthly fees.
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1
Open an account
It will only take a few minutes!
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2
Make a deposit
Put at least $5 in your account.
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3
Save for your goals
Watch your money grow.
Why Choose RCU?
At RCU, we’re passionate about helping our Members improve their lives. If you want a credit union that keeps your unique needs in mind and helps you envision and manage your financial future, the friendly experts at RCU are here for you.
Named one of America’s Best Credit Unions by Newsweek
Recognized by Forbes as one of America’s Best Small Employers 2023
I have been a member for several years. RCU is an excellent local credit union that strongly supports the local community. I have all of my accounts with them, and I switched my mortgage to them a few years ago.
Have a question?
At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.
Grow your company and build a strong future
Running a business is hard work, but a premium business checking account can help make it easier. With dividends paid on balances over $500, and lots of other benefits, this account can help your company grow and prosper.
All features
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Earn dividends on balances
In this account, your money can grow! With balances of $500 or more, you will earn dividends.
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Fee-free items every month
If you open an account with us, we'll give you 50 free deposits a month. That's just one of the ways we show our love for members!
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Free deposits
If you open an account with us, we'll give you 50 free deposits a month. That's just one of the ways we show our love for members!
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Unlimited withdrawals
Withdraw the money you need for your business without the worry of withdrawal limits.
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Free coin and currency processing
Enjoy free coin and currency processing up to $5,000 per month. Get the details.
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Number of deposit items
Deposit up to 75 items at a time every time you make a deposit.
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Waived balance fees
Enjoy waived fees if you keep $5,000 minimum daily balance or a $10,000 average daily balance.
Rates
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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