Business Checking



Sentinel Federal Credit Union offers the following Business Checking accounts:

Basic Business Checking has the features and benefits targeted to sole proprietor relationships and small businesses (small number of transactions – generally less than 30 checks written and less than 100 deposited items monthly).
 
Bonus Business Checking designed for medium to large businesses will help keep your business moving in the right direction.

Non-Profit Checking is used for non-profit accounts where the non-profit has a tax designation of tax exempt by the IRS. There must be a tax number on file to report any dividends.

Plus our Call Center Services are available M-F from 9 a.m. - 5 p.m. (MT) at no charge!

 

Type

Minimum Balance

Dividends

Monthly Charges

Features                                             

Basic Business Checking

 

None

None

$5.00

 

Convenient Online Bill Pay
Free first order of duplicate deposit slips
Unlimited check writing
Overdraft protection available
No per item charges for items deposited
Free Debit Card
Free 24 Hour Phone Banking
Free Online Banking
Free
Notary Service
Free
Coin Counting
Free
Zipper Bag
Night Depository
Bonus Business Checking

 

$1,500

Earned daily
(see rates below)

No monthly charge (If daily balance falls below $1,500 during the month then $7.50 monthly fee assessed.)

Free Online Bill Pay
Free first order of duplicate deposit slips
Unlimited check writing
Overdraft protection available

No per item charges for items deposited
Free Debit Card
Free 24 Hour Phone Banking
Free Online Banking
Free
Notary Service
Free
Coin Counting
Free
Zipper Bag
Night Depository

Non-Profit Checking

 

None

Earns dividends if the monthly balance is $500 or more
(see rates below)

None

Convenient Online Bill Pay
Free Personal Size Checks
Unlimited check writing
Overdraft protection available
No per item charges for items deposited
Free Debit Card
Free 24 Hour Phone Banking
Free Online Banking
Free
Notary Service
Free
Coin Counting
Free
Zipper Bag
Night Depository

 

Business Checking Dividend Rates
 

Account

APY*

Basic Business Checking

0.00

Bonus Business Checking $1,500 - $3,499

0.50

Bonus Business Checking $3,500 - $9,999

0.75

Bonus Business Checking $10,000 - $19,999    

1.05

Bonus Business Checking $20,000+

1.25

Non-Profit Checking $500+

0.45


*APY is Annual Percentage Yield
 
Your business is eligible for membership if either: 
  • At least one equity owner of the business is a member or
  • The business entity is located within our field of membership: Pennington, Lawrence, Meade, Custer, Lyman, Todd, Tripp, Gregory, or Mellette Counties.

Contact our Business Financial Service Representative for more information.

Phone: 888-923-1400
Email:
dobusiness@sentinelfcu.org

 

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