There are no mothly fees at BCU for business accounts, when a business account is opened, it is automatically set up with the Freedom Plan that comes free of charge and includes 5 free transactions/month. Depending on the volume of your financial operations, you can then choose a suitable plan covering more transactions at a cost ranging from $10 to $60/month.
Yes, at BCU Financial you can easily set up automatic payments and transfers from your business account, making recurring transactions a breeze. You can schedule everything from bill payments to payroll deposits using our user-friendly online banking platform. This feature helps streamline your business operations and keeps your finances organized.
To open a business current accoun, you’ll typically need a government-issued ID, your business registration documents, and proof of your business address. Depending on your business type and structure, additional documentation may be required. Feel free to contact us if you have any questions about the process.
All business accounts don’t have a minimum balance requirement, however, there are certain minimum balance amounts for each of the business plans (Basic, Basic Plus, Premium, and Executive) meeting which will get the plan monthly fee waived in the respective month.
Yes, you can link your business savings account to your current account for easy transfers and automated savings.
Opening a business savings account at BCU Financial is simple! You’ll need a government-issued ID, your business registration documents, and proof of your business address. Depending on your business structure, additional documents may be required, so feel free to reach out to us if you need guidance.
