Member Business Deposit Accounts
Whether your business is large or small, we offer the convenience and accessibility you need.
Member Business Checking (S72)
- No minimum balance
- Unlimited transactions
- The $10 monthly charge will be waived each month you have 25 or less transactions or if you maintain a $5,000 minimum daily Member Business Checking balance.
- Monthly statement
- $25 initial deposit or direct deposit to open
- Earns dividends when you maintain a minimum daily balance of $5,000. Dividends are paid quarterly.
- Cancelled checks are kept on microfilm. Check copies are available at no charge in our CATS Online Internet Banking service or can be ordered by phone upon request for a small fee
- Reorder your checks online
- Additional services and fees include:
- Loose coin fee: 3% of the total loose coin deposit
- Rolled coin fee: $.10 per roll
- Return check deposited fee: $10 per check
- Night deposit lock bag: $25
- Click here for complete listing of miscellaneous fees
Not yet an Ohio University Credit Union member?
You'll need to keep $10 in a Regular Savings account to maintain your business membership. Check here to see if you're eligible for membership. At least 50% of the business owners must be eligible.
Overdrafts
We know that occasionally mistakes happen, which is why we offer a business line of credit that can be attached to your checking account and is available to help save you from the embarrassment and expense of a returned check.
If you do not have a line of credit and should happen to overdraw your account, available funds from your savings account will be transferred automatically to your checking account for a $1 fee per transaction
Easy Account Access
Visa Check and Cash Debit Card Use this debit card at ATM machines to withdraw cash, transfer funds, check balances and at stores that accept Visa. Your purchase amount will be deducted right from your checking account. In Person 90 S. Shafer Street or 944 E. State St. in Athens. CATS Online & Bill Payment Access your accounts online - all with the click of a mouse! Bill Pay service is free when you sign up for electronic statements. CATS Line Our 24-hour telephone service allows you to transfer funds, check your balances, and more using a touch-tone phone. ATMs We have 12 ATM locations in the Athens area including all around campus and town. We're also a part of the Alliance One no-surcharge credit union network. Shared Branching Network OUCU members can use over 3,000 credit union branches nationwide to access their OUCU accounts. Visit http://www.cuservicecenter.com or call 1-800-919-2872 for locations. Member Business Savings Accounts
We offer the same savings and certificate accounts to our members and member businesses.
Regular Share Savings
Our basic savings account features:
- No monthly service fee
- Quarterly statement
- A $10 balance maintains your business membership and is required for other member business products
- Federal regulations prohibit no more than 6 pre-authorized withdrawals in a month. These include telephone, wire and Internet withdrawals.
Money Max Savings Account
Perfect for savers who maintain higher balances.
- Minimum balance to open is $10 or direct deposit
- Dividends are calculated daily, paid and compounded monthly
- Earns competitive tiered rates
- Monthly statement
- Federal regulations prohibit no more than 6 pre-authorized withdrawals in a month. These include telephone, wire and Internet withdrawals.
Member Business Certificates
For your long- and short-term savings needs, OUCU offers a variety of share certificates, which provide you with a competitive yield. Certificates require a $500 minimum deposit and must be kept on deposit for a prearranged time period ranging from 6 months to 60 months. Be sure to check out our weekly specials.
There are penalties for early withdrawal.
