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Checking & Savings > Business Accounts 

Business Accounts

MCT is equipped to help your organization or small business with cash flow, money management and expansion plans.

Eligibility

Organizations such as PTA and School or Sport Clubs, Associations, Religious, Charitable, and Educational or Tax Exempt Organizations, are all within the realm of membership. Generally, if all the members of an organization are eligible for MCT membership, then that entity is also eligible for membership.

A Sole Proprietorship, Partnership, Limited Liability Company (LLC), or Corporation* may also qualify if the owner or owners are eligible for membership in the credit union. All eligibility requirements must be met, and documentation will be required to show that the business is a valid, legal entity.

*Employees or persons authorized to transact business for the business or organization are not required to meet membership eligibility.

Accounts to build and maintain a successful business



With solid rates and federal deposit insurance up to $100,000, our Business Accounts help your business stay on a firm footing. Available accounts include:
  • Checking Account
  • Share Savings Account
  • Special Savings Account
  • Money Market Account*
  • High Yield Money Market Account*
  • Certificate Account


*Not available for Partnership, LLC, Corporations, or For Profit Organizations.


Convenient access to make your life easier

Multi-tasking is a way of life for business owners. So MCT keeps things as convenient as possible, with lots of ways to access your accounts after hours or from a remote location. Our convenience services include:

  • Free Online Banking
  • A free VISA Check Card
  • Free Telephone Banking - MoneyTalk
  • Nationwide Surcharge-free ATMs


Obtaining your Business Account package is easy! Just choose from the following options:

 

 

 

An average daily balance of $2,500 is required for Business checking accounts. A monthly fee of $15 will be assessed if the average daily balance drops below $2,500.


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