Business Accounts
No matter how big or small, we have accounts that are right for
your business.
Choose your business account
US Business Chequing
Perfect for your business if…
Your business deals regularly in US currency. Are you frustrated with the hassles and costs of exchanging money? We can help lower this cost with an account to manage your US funds.
Key features
-
More Convenient - if your business deals in US dollars, a YOUR US Chequing account can help you manage exchange rate fluctuations.
- Saves Money - the US funds are always at your fingertips and can help you save the expense of converting to Canadian dollars and back again
-
Pay for only what you need - transactions charged on per-item basis
-
Convenient access to money by visiting credit union, writing cheques in US dollars, TeleService® telephone banking(inquiry only), MemberDirect® online banking (view and print only)
HISA Business
Perfect for your business…
Key features
- High interest rate
- Interest is calculated daily on closing balance and paid monthly
- Free Unlimited online or electronic transfers to other Mosaik Credit Union accounts using the following services:
-MemberDirect
-Teleservice
-Credit Union/EXCHANGE® ATM - Transactions other than online or electronic transfers are subject to a per item fee of $5.00 including but not limited to:
-In-branch transactions
-Pre-authorized debit
-Bill payments
-ATM Withdrawals - No monthly fee
Your Business Chequing
Perfect for your business if…
you're looking for an account that allows Business Owners to only pay for the services they use.
This account benefits Business Owners who make relatively few transactions.
Key features
- Interest calculated on daily closing balance, paid monthly.
- Interest calculated based on the rate for the highest tier attained, on the total balance in your account.
- Easy access to your money with MemberDirect® online banking, MemberCard® Debit Card, TeleService® telephone banking, Inter-Credit Union Services (ICU), pre-authorized payments, direct deposits, in-branch service, cheques and statement options.
- Monthly Fee: $12.00
- Transactions charge on per-item basis $1.00
- Credit Union network ATMs: Surcharge-free access to over 2,700 AccuLink® and THE EXCHANGE® ATMs throughout Canada
- Free monthly e-statements Optional $5.00 fee for mailed monthly statement
- Overdraft Protection: available OAC
Your Business Chequing 25
Perfect for your business if…
You make less than 25 transactions a month.
Key features
The transactions included are:
- Interact Debit Payment
- CU-affiliated ATM (Acculink, Exchange) transactions
- TeleService
- Pre-authorized payments
- Bill Payments
- Global Payment MasterCard purchases and cash advances
- Cheques
- In-Branch account transactions(e.g., withdrawals, deposits, and transfers)
- ICU transactions
- Unlimited MemberDirect online access (Inquiries)
- Optional Cheque Image and Statement return $5.00
- Free online banking e-statements
- Overdraft protection (available based on approved credit)
- Monthly Fee: $20.00
*Per item fee of $1.00 for each transaction in excess of 25 transactions
Your Business Chequing 75
Perfect for your business if…
you make less 75 transactions a month.
Key features
- Interac Direct Payment
- CU-affiliated ATM (AccuLink, Exchange) transactions
- TeleService
- Pre-authorized payments
- Bill payments
- Cheques
- In-Branch account transactions (e.g., withdrawals, deposits, and transfers)
- Bill payments
- ICU transactions
- Unlimited MemberDirect online service (Inquiry)
- 2 free Interac ATM transactions a month
- Optional Cheque Image and Statement mailed $5.00
- Overdraft protection (available based on approved credit)
- Free online banking e-statements
- Monthly Fee: $55.00
*Per item fee of $1.00 for transactions in excess of 75
Your Business Chequing 150
Perfect for your business if…
you make less than 150 transactions a month.
Key features
- Interac Direct Payment
- CU-affiliated ATM (AccuLink, Exchange) transactions
- TeleService
- Pre-authorized payments
- Bill payments
- Cheques
- In-Branch account transactions (e.g., withdrawals, deposits, and transfers)
- Bill payments
- ICU transactions
- Unlimited MemberDirect online service (Inquiry)
- 2 free Interac ATM transactions a month
- Optional Cheque Image and Statement mailed $5.00
- Overdraft protection (available based on approved credit)
- Free online banking e-statements
- Monthly Fee: $99.00
*Per item fee of $1.00 for transactions in excess of 150
Your Business Electronic Chequing
Perfect for your business if…
you manage your account using self-service options such as TeleService, MemberDirect or ATM's. Unlimited transactions included.
Key features
- Interac Direct Payment
- CU-affiliated ATM (AccuLink, Exchange) transactions
- TeleService
- MemberDirect
- Pre-authorized Payments and Direct Deposits
- 2 Free PLUS ATM transactions
- 5 Free Interac ATM transactions a month
- Optional Cheque Image and Statement mailed $5.00
- Overdraft protection (available based on approved credit)
- Free online banking e-statements
- Monthly Fee: $40.00
*Per item fee for non-electronic, including cheques and over the counter transactions $1.50 each
Your Community Account
It is our way of acknowledging the important role of volunteer-led, non-profit organizations in our community.
The objectives of these community-based organizations are in keeping with one of our Co-operative Principles: Concerrn for Community.
The Your Community Account is for non-profit organizations meeting all of the following criteria
- Is a Not-For-Profit organization
- Is a Local organization supporting the community through social programs contributing to the well-being of the community
- Is managed by a Volunteer Board of Directors or Committee
- The majority of Funding is through fundraising & donations
- Is a Registered charitable Organization
Key features
- FREE Unlimited debit transactions including: in-branch, ICU, Pre-authorized Payment and Direct Deposits
- FREE Unlimited Money Orders
- FREE Night/Wallet Deposit Service
- FREE Optional E-Statement
- FREE convenient 24 hour access to accounts by TeleService, MemberDirect, and ATM(Deposits Only)
- FREE Cheques (once per year)
- Interest EARNED on account balance, calculated daily, paid monthly
- Chance to WIN an annual draw for a cash donations(certain conditions apply)
Your Non-Profit Chequing
Perfect for …
Non-Profit Organizations who make relatively few transactions.
Key features
- 4 complimentary debit transactions per month
- Per transaction fee of $1.00 for each additional transaction
- Overdraft protection available based on approved credit
- Non-interest bearing
- Access Merchant MasterCard System
- Monthly statement and cheque return
- FREE online banking e-statements
- Optional Cheque Image and Statement mailed $5.00
- Monthly Fee: $2.00
*Cost $1.00 per transaction after the first 4, unless otherwise noted.
Not sure which business account to choose?
For more information on our Business Packages, click here.
If you have any questions, we’ll be happy to help you pick the option that best suits your business needs.
Select Image
Bank for your business however works best
On your mobile device
Take your business banking with you wherever you go using our mobile app on your smartphone or tablet.
On your computer
Manage your business finances via online banking anytime, whether you're in office or relaxing at home.
Using Deposit Anywhere™
Deposit cheques without the need to come in-branch. Simply snap a photo on your mobile device.
Via 3,000+ ATMs
Use our Canada-wide ATM network to access the money you need whenever you need it - surcharge-free.
