Simple Business Banking
At many financial institutions, just selecting a business account can be a complex decision. With numerous account offerings, it's difficult for them to explain and difficult for you to choose the best option. We have found that when you make the wrong choice it may cost you more than you want to spend--both in fees and frustration!
At DownriverCU, we keep it simple. We offer just one business banking package, which includes our Simple Business Savings and our Simple Business Checking, making DownriverCU an easy choice to meet the growing needs of your business.
Our Simple Business Banking Package is a perfect banking solution for business owners who are serious about growing their business, instead of spending all their time worrying about their banking!
- Interest-bearing accounts
- Minimum of $2,000 in the Savings to open and maintain business membership.
- Checking features NO MINIMUM BALANCE, NO MONTHLY SERVICE CHARGE, and NO TRANSACTION LIMITS.
To get started, please visit the What Is Needed to Open? tab above and review the guide to Opening a Downriver CU Simple Business Banking Account.
When you're ready to open an account, apply for a loan, or just have questions about the process, give us a call!
| Simple Business Savings | |
| Effective Date: Saturday, December 21st, 2024 | |
| Name | Fee |
| Minimum Balance | $2,000.00* |
| Interest-Bearing | Yes |
| Online Banking | FREE |
| Simple Business Checking | |
| Effective Date: Saturday, December 21st, 2024 | |
| Name | Fee |
| Minimum Balance | 0.00* |
| Monthly Service Charge | None |
| Transaction Allowance | Unlimited |
| Per Transaction Fee | None |
| Per Item Fee | None |
| Monthly Service Charge | None |
| Interest-Bearing | Yes |
| Online Banking | FREE |
| Online Bill Pay | FREE |
| VISA Debit Card | FREE |
| Notary Service | FREE |
| Wire Transfer-Incoming | FREE |
| Wire Transfer-Outgoing | $20.00 |
| Foreign Wire Transfer | $30.00 |
| Returned Item Fee | $5.00 |
| Check Printing | Free Starter Check Order |
| Overdraft Protection | Available |
| Payroll Services | Available |
| Merchant Services | Available |
| Business VISA Credit Card | Available |
| * Minimum of $2,000 in the Savings to open and maintain business membership. Other fees may apply. Please review the Downriver CU Fee Schedule for a complete list of fees. | |
| ** Maximum amount allowed for FREE Starter Check Order is $100.00. | |
Do you have a business account opened prior to May 24, 2021? Please visit the Business Basic Checking or Business Builder Checking pages for applicable account guidelines and fee information.
