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Business Checking

If you need a no-surprises checking account to handle your daily business expenses, you’ve come to the right place.

Open an account

No fancy gimmicks, no free toasters

If you’re running a business, you have better things to do than worry about your checking account. That’s why we keep our business checking account simple. Just one convenient and free account, loaded with everything you need for your everyday.

The Details

Our free business checking gives you executive power over your money. And with all our free services, every transaction is kind of like Casual Friday for your cash.

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No monthly fee

Enjoy a low $100 minimum opening deposit, plus get the $10 monthly fee waived if you sign up for eStatements.

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Earn dividends

Monthly interest is paid on balances over $5,000. See rates.

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Free digital services and transactions

Access free and unlimited electronic transactions, free online banking with BillPay, and free mobile banking.

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Up to 150 checks per month

You can get up to 150 checks paid, deposited and processed per month with no fee.1

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Instant-issue Visa® Debit Card

$10,000 daily limit for signed Visa® debit card transactions2 and $500 daily limit for PIN-based Visa® debit card transactions.3

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Access to over 30,000 FEE-FREE in-network ATMs

That’s more than the big banks. Plus, get $200 immediate cash back from each ATM deposit.

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Overdraft Protection

Our Overdraft Protection options give you a little extra security and peace of mind. Learn more about Overdraft Protection.

Current Rates

Business Checking

Minimum Balance* To Earn Dividends

Dividend Rate

APY**

*Minimum average daily balance required to earn dividends. Checking Accounts are based on the average daily balance and are posted monthly. All other rates and yields subject to change without notice.

**APY is Annual Percentage Yield.

Minimum Balance* To Earn Dividends

$5,000

Dividend Rate

0.05%

APY**

0.05%

Required Documents

Business Account opening documentation requirements:

  • Completed UMe Business account signature card
  • Recorded fictitious business name statement OR business license
  • Tax ID issuance confirmation from IRS (if applicable)
  • Completed UMe Business account signature card
  • Certificate of limited partnership (LP-1) OR recorded fictitious business name statement
  • Tax ID issuance confirmation from IRS
  • Completed UMe Business account signature card
  • Statement of Information AND Articles of organization (LLC-1) – both must be stamped “FILED” by State of California
  • Tax ID issuance confirmation from IRS
  • Completed UMe Business account signature card
  • Partnership agreement OR fictitious business name statement
  • Tax ID issuance confirmation from IRS
  • Completed UMe Business account signature card
  • Statement of Information AND Articles of incorporation – both must be stamped “FILED” by State of California
  • Tax ID issuance confirmation from IRS

Overdraft Options

In the event that you do not have enough money in your account, Overdraft Protection will transfer available funds from one of your eligible UMe accounts to pay the transaction.

Savings Account
Money Market Account
Home Equity Line-of-Credit (subject to applicable finance charges)
Visa Platinum Credit Card (subject to applicable finance charges)

If a Line-of-Credit or Visa Credit Card is used to cover the transaction, interest will accrue on the outstanding balance until the loan is paid in full.

You must maintain a balance or credit limit that will cover any overdrafts from your checking account, otherwise a standard $30 non-sufficient funds fee will apply per transaction.

Contact the credit union at (818) 238-2900 to set up Overdraft Protection for your checking account.

Safety Net

We know you manage your finances responsibly, but when you need it, Safety Net is there for you. When we receive an item for payment that causes the balance in your account to go below zero, we will pay the debit or check (up to your limit) including the overdraft fee. Your checking account will be worry-free knowing that Safety Net will cover you.

We will continue to authorize and pay overdrafts for the following types of transactions: Checks, Automatic Bill Payments and ACH Debits. However, in order to have your debit card and ATM transactions covered, federal regulations require you to Opt-In for that coverage. Therefore, you must fill out a Safety Net Opt-In form, and submit it to the credit union in order to have your debit card and ATM transaction overdrafts covered.

$25 per transaction

To receive Safety Net coverage for Visa debit card and ATM transactions, download the Opt-in form, complete it, and return the form to the credit union.

Safety Net coverage of checks, automatic bill payments and ACH debits are automatically activated as needed. Opt-in is not necessary.

Order Checks

If this is your first time ordering checks, give us a call to get your check ordering account set up. After your first order, you will be able to reorder online. You can order UMe checks online.

You can also:

  • Browse check styles
  • Create custom, personal checks
  • View status of recent orders
  • Order check accessories

Order checks

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Open a Business Checking Account

Not yet a member?
Join to open an account
Open an account in person
Get directions
Call us

Disclosures

1 For checks deposited, paid and processed over the 150 monthly FREE allotment, there will $0.25 fee per check.

2 When you select “Credit” at the payment terminal.

3 When you select “Debit” at the payment terminal.