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Business Savings Accounts

A business savings account is the cornerstone of your business membership with OUCU. 

Share Savings
A share savings account is part of every member's ownership in OUCU. It starts when you join; a $10 balance maintains your membership.
Money Max Savings
Higher rates for savers with larger balances. This type of account is ideal for earning higher dividends while offering availability for any emergency needs that might arise.
 

Ready to open an account? Use our Business Account Checklist as a guide for needed information.

Feature Regular Share Savings Money Max Savings
Who Should Open All Members; required for OUCU membership Perfect for savers with higher balances
Monthly Service Fee None None
Minimum Balance $10 maintains your business membership None
Dividends Compounded & credited quarterly Calculated daily; compounded & credited monthly
Minimum to open $10 - your 'share' in the credit union $10 or direct deposit
Automatic Transfers $1 each to cover non-sufficient funds in your checking account $1 each to cover non-sufficient funds in your checking account
Withdrawal/Transfer Limits 6, per federal regulations* 6, per federal regulations*
Rates Earns .05% View competitive tiered rates

Convenient Services

Member Business Certificates

  • Terms range from 6 months to 60 months
  • Just a $500 minimum deposit
  • Be sure to check out our weekly specials
  • There are penalties for early withdrawal

 

Contact

Donna Russell

Member Business Services Manager
E. State St. Office
(740) 597-2816
member.businesses@oucu.org

Mindy Henderson

Member Business Services Assistant
E. State St. Office
(740) 597-2805
member.businesses@oucu.org

 

Not a Member of Ohio University Credit Union?

Becoming a member is easy. You’ll only need to keep $10 in a regular savings account to maintain your business membership. At least 50% of your owners must be eligible. You can join, really!

 

*Federal regulations prohibit no more than 6 pre-authorized withdrawals in a month. These include telephone, wire and Internet withdrawals.