Accounts for Business Whether your organization is a startup, in growth mode, or established, we have a business deposit product to fit your needs. Business Essential Checking Just starting out? Business essential checking is a must-have, as it separates your personal finances from your business funds. Learn more Minimum balance $500 Maintain just a $500 minimum monthly average balance to avoid a $15 monthly maintenance fee Standard transactions 75 Get 75 transactions processed per statement cycle ($0.25 for each item over 75) Premium Business Checking Growing business? Premium business checking is ideal for companies with higher transaction volumes. Learn more Minimum balance $10,000 Maintain a $10,000 minimum monthly average balance to avoid a $20 monthly maintenance fee More transactions 250 Get 250 transactions processed per statement cycle ($0.25 for each item over 250) Community Checking Made just for nonprofits, community checking waives fees for cash deposits and transaction processing. Learn more Lower minimum, more mission $500 Maintain just a $500 minimum monthly average balance to avoid a $5 monthly maintenance fee Convenient benefits Get a free debit card, online and mobile banking, ATM-fee rebates, and much more Commercial Checking Made for high-volume or commercial-sized businesses. Learn more Minimum balance $100,000 Maintain a $100,000 minimum monthly average balance to avoid a $25 monthly maintenance fee More transactions Receive unlimited cash deposits and transaction processing Business Money Market Open a checking account that earns you money on the money you make. Learn more See rates Low minimum balance $1,500 Maintain a $1,500 minimum monthly average balance to earn dividends? and avoid a $10 monthly maintenance fee Withdrawals 6 Make up to six withdrawals per statement cycle ($10 for each transfer or withdrawal over six) Commercial Money Market Watch your savings grow while keeping funds accessible. Learn more See rates Minimum balance $25,000 Maintain a $25,000 minimum monthly average balance to earn dividends? and avoid a $15 monthly maintenance fee Withdrawals 6 Make up to six withdrawals per statement cycle ($10 for each transfer or withdrawal over six) Business Savings Certificates Set your savings aside, and watch your money grow. See rates Higher rates $50K+ Earn higher rates with $50,000 or more ($500 minimum to open) Account benefits 6-60 Choose from terms of six to 60 months Compare Business Checking Accounts Attribute to Compare Business Essential Checking Premium Business Checking Best for Best for Standard business checking needs Best for High monthly transaction volume Minimum balance Minimum balance $500 monthly average Minimum balance $10,000 monthly average Monthly maintenance fee (when below min. balance) Monthly maintenance fee (when below min. balance) $15 Monthly maintenance fee (when below min. balance) $20 Cash deposits Cash deposits $2,500 $0.25 for each additional $100 cash-in processed Cash deposits $5,000 $0.25 for each additional $100 cash-in processed Processed items Processed items 75 $0.25 for each item over 75 Processed items 250 $0.25 for each item over 250 Minimum opening deposit Minimum opening deposit $100 Minimum opening deposit $100 Compare Specialty Business Checking Accounts Attribute to Compare Community Checking Commercial Checking Best for Best for Nonprofits and associations Best for High-volume or commercial-sized businesses Minimum balance Minimum balance $500 monthly average Minimum balance $100,000 monthly average Monthly maintenance fee (when below min. balance) Monthly maintenance fee (when below min. balance) $5 Monthly maintenance fee (when below min. balance) $25 Cash deposits Cash deposits Unlimited Cash deposits Unlimited Processed items Processed items Unlimited Processed items Unlimited Minimum opening deposit Minimum opening deposit $100 Minimum opening deposit $100 Compare Business Money Market Accounts Attribute to Compare Business Money Market Commercial Money Market Best for Best for Getting started Best for Taking your investment to the next level Minimum balance Minimum balance $1,500 monthly average Minimum balance $25,000 monthly average Monthly maintenance fee (when below min. balance) Monthly maintenance fee (when below min. balance) $10 Monthly maintenance fee (when below min. balance) $15 Withdrawals per statement? Withdrawals per statement? 6 Withdrawals per statement? 6 Balance tiers for dividend rate Balance tiers for dividend rate $100-$1,499 $1,500-$9,999 $10,000 or more Balance tiers for dividend rate $100-$24,999 $25,000-$49,999 $50,000-$99,999 $100,000-$249,999 $250,000 or more Minimum opening deposit Minimum opening deposit $100 Minimum opening deposit $100 Annual percentage yield (APY)? Annual percentage yield (APY)? Up to 1.00% Annual percentage yield (APY)? Up to 1.80% Contact Business Services. As your financial partner, we’re committed to providing you with the opportunity and support you need to make your business flourish. Email us Call us at 804-323-6800 Business Resources See more resources Financial Success At Work Resources Virginia Credit Union Financial Success at Work is a program designed for businesses like yours to help your employees achieve financial success. Beneficial Ownership Frequently asked questions about beneficial ownership. Business Online Banking FAQs Our Business Online Banking experience will make managing your business’ finances easier than ever. Check out our Frequently Asked Questions to help make this transition as smooth as possible.
Compare Business Checking Accounts Attribute to Compare Business Essential Checking Premium Business Checking Best for Best for Standard business checking needs Best for High monthly transaction volume Minimum balance Minimum balance $500 monthly average Minimum balance $10,000 monthly average Monthly maintenance fee (when below min. balance) Monthly maintenance fee (when below min. balance) $15 Monthly maintenance fee (when below min. balance) $20 Cash deposits Cash deposits $2,500 $0.25 for each additional $100 cash-in processed Cash deposits $5,000 $0.25 for each additional $100 cash-in processed Processed items Processed items 75 $0.25 for each item over 75 Processed items 250 $0.25 for each item over 250 Minimum opening deposit Minimum opening deposit $100 Minimum opening deposit $100
Compare Specialty Business Checking Accounts Attribute to Compare Community Checking Commercial Checking Best for Best for Nonprofits and associations Best for High-volume or commercial-sized businesses Minimum balance Minimum balance $500 monthly average Minimum balance $100,000 monthly average Monthly maintenance fee (when below min. balance) Monthly maintenance fee (when below min. balance) $5 Monthly maintenance fee (when below min. balance) $25 Cash deposits Cash deposits Unlimited Cash deposits Unlimited Processed items Processed items Unlimited Processed items Unlimited Minimum opening deposit Minimum opening deposit $100 Minimum opening deposit $100
Compare Business Money Market Accounts Attribute to Compare Business Money Market Commercial Money Market Best for Best for Getting started Best for Taking your investment to the next level Minimum balance Minimum balance $1,500 monthly average Minimum balance $25,000 monthly average Monthly maintenance fee (when below min. balance) Monthly maintenance fee (when below min. balance) $10 Monthly maintenance fee (when below min. balance) $15 Withdrawals per statement? Withdrawals per statement? 6 Withdrawals per statement? 6 Balance tiers for dividend rate Balance tiers for dividend rate $100-$1,499 $1,500-$9,999 $10,000 or more Balance tiers for dividend rate $100-$24,999 $25,000-$49,999 $50,000-$99,999 $100,000-$249,999 $250,000 or more Minimum opening deposit Minimum opening deposit $100 Minimum opening deposit $100 Annual percentage yield (APY)? Annual percentage yield (APY)? Up to 1.00% Annual percentage yield (APY)? Up to 1.80%
Financial Success At Work Resources Virginia Credit Union Financial Success at Work is a program designed for businesses like yours to help your employees achieve financial success.
Business Online Banking FAQs Our Business Online Banking experience will make managing your business’ finances easier than ever. Check out our Frequently Asked Questions to help make this transition as smooth as possible.