Special Offer: Get $150 for opening a new Dividend Business Checking account! Details...
Avoid the hassles of sweeping your funds in and out of your savings with a business checking account* that earns dividends. Provident offers business accounts to all businesses that have little or no need for cash.
- Competitive tiered rate of dividends on both checking and savings
- No annual fees
- No monthly fee
- No restrictions on transaction limits
- No check or deposit fees
- Overdraft Protection**
- Use your Visa® Business card to save on qualifying purchases with Visa SavingsEdge®
|Financial Institution||Account||Monthly Cash Limits||Monthly Transaction Limits (combined deposits and withdrawals)||Monthly Fee||Min. Balance Requirement to Avoid Service Fee||APY*|
|Provident Credit Union||Dividend Business Checking||Unlimited||Unlimited||$0||N/A||Up to 0.20%|
|Citibank||Citibusiness Interest Checking||$5,000||25||$18||$10k min. average monthly balance||Up to 0.01%|
|Bank of the West||EASY Business Interest Checking||$2,500 ($.20 per $100 coins)||100||$20||$10k min. daily balance or $25k average monthly balance||Up to 0.01%|
|Bank of America||Business Interest Checking||$7,500||150||$17||$5k min. daily balance or $10k average monthly balance||Up to 0.02% ($10k min. monthly balance)|
|Wells Fargo||Platinum Business Checking||$20,000||500||$40||$25k min. daily balance or $40k combined monthly balance||Up to 0.06% (Requires Platinum Savings account)|
Once your business has joined Provident by opening a Business Savings account, you can then open a Business Checking account.
Note: We do require that our business members have a track record of at least two years of operation to open an account with Provident.
Click here for a checklist [pdf] of all documents and information you'll need to open your Provident Business account(s).
Provident Credit Union is committed to supporting non-profit organizations in reaching their mission by providing financial services that support the unique needs of charitable institutions. Serving the banking needs of nonprofits is just one way Provident Credit Union supports the efforts of these organizations to build stronger communities.
The minimum deposit to open a Dividend Business Checking account is $100.00. No dividends are paid on balances below the balance minimum specified for the lowest balance tier. See rate sheet. See service charge schedule for a complete list of fees.
APY = Annual Percentage Yield. Rates retrieved 3/22/2016 and are subject to change.
* Business Savings account required to open a business checking account.
** Traditional overdraft only. In the event of an overdraft, if you have selected certain accounts to be used for overdraft and the funds are available, they are automatically transferred from your other accounts and are subject to a per-item overdraft fee. Restrictions apply. (Click for details.) Courtesy Pay is not available for this account.
Which Feature Matters Most to You?
Do you need assistance selecting the checking account that's right for you? Using the icons below, and we can recommend an account based on the features most important to you.
No Monthly Fees
Choose an account without ATM fees. Super Reward Checking
To Open a New Checking Account:
To open a new Health Savings Account, use the forms on the Health Coverage application page.