Love Your Personal Credit Union Accounts? You'll Love Our Business Accounts, Too!
Are your Business accounts constantly hit with per-item fees, monthly fees, and fees for every service you use? If you are a Business owner and a member of the credit union, or are
eligible for membership in the credit union, then you have a valuable alternative.
CPFCU Business Checking Accounts feature:
• No minimum balance (other than $5.00 Share Savings balance)
• No monthly fees
• No per-item or transaction fees
• No limit on number of checks written or deposits made
• No fees for coin purchases
• No fees for electronic debits or deposits (ACH)
• Free e-Services like
Express Line automated telephone banking,
• Monthly statements by mail (unless e-Statements are elected)
Business Accounts are offered to Associations, Corporations, Limited Liability Companies, Partnerships, and Sole Proprietorships.
Contact a Member Service Representative for more information on services and limitations, and for required documentation.
NOTICE: Unlawful Internet Gambling Enforcement Act (UIGEA) Policy - Regulation GG
The Unlawful Internet Gambling Enforcement Act of 2006 (effective June 1, 2010) implemented regulations which prohibit commercial/ business members from receiving deposits or other credits of any kind relating to their operation of an illegal Internet gambling business. Coosa Pines Federal Credit Union is required to enforce that prohibition.
It is Coosa Pines FCU’s policy to not open or maintain any account for commercial/ business members held with the intent to conduct or engage in Internet gambling activity, whether legal or illegal. If the credit union discovers or determines that an existing commercial member transacts or engages in Internet gambling activity as defined by the UIGEA, the credit union reserves the right to restrict services or terminate the account relationship.
Accounts will be charged the standard Overdraft fee of $28 for handling each overdraft created by check, ACH, Point-of-Sale, ATM withdrawal, in-person withdrawal, or other electronic item that is paid and $28 for items returned. An overdrawn balance must be repaid within 30 days. We may not pay items under your overdraft privilege if you do not maintain your account in good standing by bringing your account balance to a positive balance within every thirty (30) day period for a minimum period of 24 hours, if you default on any loan or other obligation to Coosa Pines Federal Credit Union or if your account is subject to any legal or administrative order or levy.
