We love seeing local businesses thrive. Find checking and savings solutions to help you do just that — right here in your community.
Key Features
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Competitive Dividends
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Free Digital Banking
Business Share Draft Checking
- Competitive, tiered dividends
- Dividends compounded daily when account balance is $100 or more, paid monthly
- Low $2.50 monthly maintenance fee
- 50 free withdrawals (debit, ATM, transfer, cash or check) monthly; 15¢ each thereafter
- Free digital banking
- Free Visa® debit card with 24/7 fraud monitoring
- Surcharge-free ATMs available via the CO-OP® network
- Earn my!points Rewards to redeem for CU perks
- Overdraft protection available
- $100 minimum deposit to open
Business Savings Account
- Establish your business’s membership with Intrepid Credit Union
- Competitive dividends calculated daily and paid monthly
- No monthly maintenance fees
- 4 free withdrawals per month; $5 per withdrawal in excess thereafter
- Free digital banking
- Surcharge-free ATMs available via the CO-OP® network
- ATM card available upon request
- Earn my!points Rewards to redeem for CU perks
- $5 minimum deposit to open
Business Money Market Account
Premium Money Market
- Competitive, tiered rates
- Higher balances earn higher rates
- Dividends are compounded daily and paid monthly
- Enjoy flexibility with enhanced access to funds, including direct check writing:
- 6 free transfers or withdrawals per month (only 3 can be a transfer of check payable to a third party); $5 per transaction in excess thereafter
- Minimum withdrawals to this account are $200
- Avoid the $10 monthly maintenance fee by maintaining a $2,500 minimum balance
- Free digital banking
- Surcharge-free ATMs available via the CO-OP® network
- ATM card available upon request
- Earn my!points Rewards to redeem for CU perks
- $2,500 minimum deposit to open
Premium Plus Money Market
- Competitive, tiered rates
- Higher balances earn higher rates
- Dividends are compounded daily and paid monthly
- Enjoy flexibility with enhanced access to funds, including direct check writing:
- 6 free transfers or withdrawals per month (only 3 can be a transfer of check payable to a third party); $5 per transaction in excess thereafter
- Minimum withdrawals to this account are $200
- Avoid the $25 monthly maintenance fee by maintaining a $25,000 minimum balance
- Free digital banking
- Surcharge-free ATMs available via the CO-OP® network
- ATM card available upon request
- Earn my!points Rewards to redeem for CU perks
- $25,000 minimum deposit to open
Simplified Employee Pension (SEP) IRA
- Ideal for businesses of any size or self-employed individuals
- Gain the respect of your employees
- Help employees reach their retirement savings goals
- Employee always has complete ownership of all SEP IRA money
- Earn competitive interest on entire balance
- Contributions are tax deductible; your business pays no taxes on earnings
- Contributions made only by the employer
- Only self-employed may make contributions on their own behalf
- Little to no documents to file with government
- Inexpensive to set up and operate
- Flexible annual contributions – good plan if cash flow is unpredictable
- Can contribute up to 25% of each participant's annual compensation (earned income)
- Or, up to the maximum allowable limit for current plan year, whichever is less
- Must contribute equally for all employees
- Employee must first establish a traditional IRA, in which the employer will deposit SEP contributions
- $25 minimum deposit to open
