Business Accounts

Tailored to fit your business needs.

Features	Freedom Business Checking	Power Business Checking	Community Checking	Fee/Detail	Choice Commercial Checking
Minimum Average Collected Balance to avoid monthly maintenance fee	$0	$5,000	$0		Earning Credit based, consult Member Business Services.
Transactions allowed with no charge	100	500	300	$0.25 per item in excess
Monthly Maintenance Fee	$0	$20	$0	Waived if maintains average daily balance requirement
Business Online Banking	✔	✔	✔	Two users for free; $5 each month per user thereafter
Business Bill pay	✔	✔	✔	40 free; $0.50 thereafter
Electronic Statements	✔	✔	✔	No charge
Paper Statements	✔	✔	✔	$5/month /account

Whether you're running a small business or a multi-million-dollar corporation, we're in your corner with banking support.

Freedom Business Checking

Enjoy the freedom of stress-free checking. Freedom Business Checking was designed for businesses that have lower account activity. 100 free transactions* and no minimum balance requirements.

Power Business Checking

Experience the strength of the Power Business Checking account, which was created for businesses that have more advanced needs and higher activity levels. Revel in 500 free transactions* while maintaining a $5,000 average daily balance and avoid paying the $20 monthly maintenance fee. Plus, we pay you dividends!

Choice Commercial Checking

If your company has higher volumes and uses a variety of treasury management services, say yes to Choice Commercial Checking. Aimed to help you run your business more efficiently and keep up with its high demands, this account helps offset fees with an earning credit each month.

Community Checking—(Not for Profit & Nonprofits)

We understand that Not for Profit, Nonprofits, and Government Entities have distinct needs, which is why our Community Checking members enjoy 300 transactions* a month for free, no minimum balance requirements and earn dividends on balances over $500. This allows you to keep your attention on what matters, our communities.

Show Business Checking Details

Must be doing business in Illinois or Wisconsin and accounts must be opened in person at one of our many branches. Business accounts can only be opened if at least one of the owners/signers is a current CCU member.

*Transactions include deposits, deposited items, paid items, ACH credits, ACH debits, and RDC items.

Business Savings Accounts

CCU means business with all the opportunities we offer to company leaders.

Business Savings

Business Membership Savings is the entry-level, short-term savings account that allows you access to all of the high-end banking features to help grow your business.

$5 membership fee to open
No minimum balance required if you have a business checking account
Earn dividends on balances exceeding $5

Get Started

Business Money Market

Grow your savings with our tiered-based MMA, offering competitive interest rates with the convenience of liquidity! The more you save, the more you earn.

Earn dividends on balances exceeding $500
Open your account with as little as $5
Earn dividends on balances exceeding $500

Business Certificate of Deposits

Lock in your funds at a competitive rate with CCU Business Certificate options.

View our Rates

Business Account FAQs

What you will need to open a business account.

Note: Must be doing business in Illinois or Wisconsin and accounts must be opened in person at one of our many branch locations.

HSA Investment Portal

View Devenir Investment Options

Sole Proprietor

You will need an Assumed Name Certificate, IRS Tax ID Letter or the first page of last year’s tax return, and Valid Picture ID's and SSN's for all account signers.

Limited Liability Corporation (LLC)

You will need an Operating Agreement, Articles of Organization, IRS Tax ID Letter or the first page of last year’s tax return, and Valid Picture ID's and SSN's for all account signers. Additionally, an Assumed Name Certificate is required if you are doing business under a name different from the legal business name.

Corporation

You will need Articles of Incorporation, Bylaws, IRS Tax ID Letter or the first page of last year’s tax return, and Valid Picture ID's and SSN's for all account signers. Additionally, an Assumed Name Certificate is required if you are doing business under a name different form the legal business name.

Non-Profit Organizations

You will need Articles of Organization, Bylaws, IRS Tax ID Letter or the first page of last year’s tax return, and Valid Picture ID's and SSN's for all account signers.

Not for Profit Organization or Association

Proof of Organization or meeting minutes indicating who the signers can be, Tax ID, and Valid Picture ID's and SSN's for all account signers is required.

Partnership

The Certificate of Limited Partnership and Partnership Agreement explaining who the partners are, and indicating which partners are authorized to sign, is required. You will also need to provide an IRS Tax ID Letter or the first page of last year’s tax return, and Valid Picture ID's and SSN's for all account signers. Additionally, an Assumed Name Certificate is required if you are doing business under a name different from the legal business name.