Checking

Manage your finances quickly and easily

Discover Wasatch Peaks Credit Union's Business Account options that will help you start, organize, and grow your business. 

We offer Business Checking, Savings, High Yield Money Market Accounts, Member Business Loans, Business Visa Credit Lines, Merchant Services, Online Banking, QuickBooks, and much more.

Sole Proprietorships, Partnerships, Corporations, For Profit, Non-Profit, Limited Liability Companies (LLC), and Association/Organization Accounts can enjoy the benefits that will deliver business solutions today and into the future.

To be eligible for Wasatch Peaks Credit Member Business Services, at least one account signer must be eligible to join Wasatch Peaks Credit Union. Membership is open to everyone who lives, works, worships, volunteers or attends school in Weber, Davis, and Morgan Counties.

Features

Business Basic

Business Advantage
Required Opening Balance $5 $5
Monthly Statement Fee (waived with e-Statements) $2 $5
# of Free Checks Deposited 250 ($0.20 each item thereafter) 0 ($0.10 each item)
# of Free Checks Written 250 ($0.25 each item thereafter)  0 ($0.25 each item) 
# of Free ACH Transactions 5 ($0.15 each item thereafter)   0 ($0.25 each item) 
Free Mobile Banking √ 
Free Mobile Deposit √  √ 
Free Online Bill Pay √ 
Free Business VISA® Debit Cards
Money Market Savings √ 
Certificates of Deposit √ 
Lines of Credit (OAC) √ 
Business Cash Back VISA® (OAC) √ 
Merchant Services √ 
Free Single-User Online Banking √  √ 
Multiple Online Banking Users   $2 each user monthly 
ACH Origination Capability   $100 one-time charge 
ACH NACHA / Payroll File Uploads   $10 per file 
Online Wire Transfers   $10 per wire 
Remote Deposit Capture (scanner at your business)   $25 per month 
Credit Union Sends Checks to Collection Services   $25 per month 

  

Listed are the definitions of business accounts offered:

  • Sole ProprietorshipFor a person with exclusive business ownership. Requires a Social Security Number a Federal Tax Identification Number, State Registration and a Business License.
  • PartnershipFor two or more people contractually associated in a business venture. Requires a Federal Tax Identification Number and Partnership Agreement. Limited partnership agreements are typically required to be filed with the governing state.
  • Corporation (For-profit)For a business owned by stockholders. Requires a Federal Tax Identification Number, Articles of Incorporation filed with the governing state, state registration, and a Business License.
  • Corporation (Non-profit)For an official non-profit corporation. Requires a Federal Tax Identification Number, Articles of Incorporation filed with the governing state, state registration, and a Business License.
  • Limited Liability Company (LLC)For a business owned by members. Requires a Federal Tax Identification Number, Articles of Organization filed with the governing state, state registration, and a Business License.
  • Small Association/OrganizationalFor associations, clubs, religious, charitable, and educational entities. Requires a Federal Tax Identification Number or Social Security Number. 

 

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