The key to business success is cutting expenses and increasing earnings. That's exactly what our loan and deposit rates are designed to do.
Quite simply, we want these numbers to work for you.
Higher dividend rates help create a positive revenue stream for your business, leaving you with more in reserve when the need arises.
We support local businesses! And we don't just talk the talk - we walk the walk with some of the best rates around on everything from commercial mortgages to business credit cards and Money Market accounts to dividend-earning checking options.
|Interest Rates and Interest Charges|
|Annual Percentage Rate (APR) for Purchases||MasterCard® Business Rewards
14.75% to 18.00% when you open your account, based on your creditworthiness. This APR is based on the Prime Rate and will vary with the market.
|How to Avoid Paying Interest on Purchases||Your due date is at least 25 days after the close of each billing cycle.We will not charge you any interest on purchases if you pay your entire balance by the due date each month.|
|For Credit Card Tips from the Consumer Financial Protection Bureau||To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at www.consumerfinance.gov/learnmore.|
|Set-up and Maintenance Fees|
|Account Set-up Fee||None|
|Additional Card Fee||None|
|Foreign Transaction Fee||1.00% of each transaction in U.S. dollars|
|Transaction Fee for Purchases||None|
|Late Payment Fee||$40.00|
|Over-the-Credit Limit Fee||None|
|Returned Payment Fee||$25.00|
|How We Will Calculate Your Balance. We use a method called “average daily balance (including new purchases).”
Effective Date. The information about the costs of the card described in this application is accurate as of March 1, 2023. This information may have changed after that date. To find out what may have changed, contact the Credit Union.
|Late Payment Fee||$25.00 when minimum payment is not made within three days of the payment due date|
|Statement Copy Fee||$5.00|
|Card Replacement Fee||$5.00|
|Deluxe Business Checking To Earn Dividend:||Dividend Rate||APY*|
|$0 - $49,999.99*||0.10%||0.10%|
|$50,000 - $99,999.99||0.10%||0.10%|
*$20 service fee imposed on balances below $5,000.00.