Checking Accounts
Looking for increased efficiency? We'll empower your company or organization with a checking account tailored to the way you do business.
There's an account for companies of every size
You want solutions that are more than just one-size-fits-all. That's why Commonwealth Credit Union offers three different checking accounts. Choose the one that best fits you based on your volume of business, or your nonprofit organization's daily needs. Every account includes a free debit card for easy, anytime access to funds. If you haven’t yet switched your accounts to Commonwealth Credit Union, we make that easy, too.
You might run a small business, but you have big plans. This account works hard for sole proprietors and business owners with lower volume needs.
- No minimum balance requirement and no monthly fee
- 250 free items permitted monthly, $0.30 per item thereafter
- Free Passage Debit Card you can connect to your mobile wallet for quicker, more secure transactions
- Manage your account easily using Online and Mobile Banking
- Does not earn dividends
- Overdraft Privilege*
- Reorder checks anytime through Deluxe or within online banking
* Overdraft Privilege is a discretionary overdraft service, requiring no action on your part, that provides you a safety net up to an automatically assigned overdraft limit. Your Overdraft Privilege Intelligent limit may be available for checks and other transactions made using your checking account number, such as an automatic (ACH) payment transaction, automatic bill payment or recurring debit card payment. If you request us to do so (opt in), we may authorize ATM transfers or withdrawals and everyday debit card purchases using your available balance and your Overdraft Privilege limit. For business accounts the limit may be available for ATM and everyday debit card transactions with no action required. Balances displayed do not include the Overdraft Privilege limit. There is no additional cost associated with Overdraft Privilege unless you use it. If you do use the Overdraft Privilege limit, you will be charged our paid item OD Privilege fee of $32 for each overdrawn item created by checks and other transactions made using your checking account number, such as an automatic payment (ACH) transaction, automatic bill payment, or recurring debit card payment.
Growing businesses benefit most from this account tailored to companies running at higher volumes.
- Earns dividends when you maintain the required balance
- 350 free items permitted monthly, $0.30 per item thereafter
- Free Passage Debit Card you can connect to your mobile wallet for quicker, more secure transactions
- Manage your account easily using Online and Mobile Banking
- $15 monthly fee waived with average daily balance of $5,000
- Overdraft Privilege*
- Reorder checks anytime through Deluxe or within online banking
* Overdraft Privilege is a discretionary overdraft service, requiring no action on your part, that provides you a safety net up to an automatically assigned overdraft limit. Your Overdraft Privilege Intelligent limit may be available for checks and other transactions made using your checking account number, such as an automatic (ACH) payment transaction, automatic bill payment or recurring debit card payment. If you request us to do so (opt in), we may authorize ATM transfers or withdrawals and everyday debit card purchases using your available balance and your Overdraft Privilege limit. For business accounts the limit may be available for ATM and everyday debit card transactions with no action required. Balances displayed do not include the Overdraft Privilege limit. There is no additional cost associated with Overdraft Privilege unless you use it. If you do use the Overdraft Privilege limit, you will be charged our paid item OD Privilege fee of $32 for each overdrawn item created by checks and other transactions made using your checking account number, such as an automatic payment (ACH) transaction, automatic bill payment, or recurring debit card payment.
We believe in the good works done by non-profits, civic organizations, and local associations. This checking account supports them.
- No minimum balance requirement and no monthly fee
- 350 free items permitted monthly, $0.30 per item thereafter
- Free Passage Debit Card you can connect to your mobile wallet for quicker, more secure transactions
- Manage your account easily using Online and Mobile Banking
- Does not earn dividends
- Overdraft Privilege*
- Reorder checks anytime through Deluxe or within online banking
* Overdraft Privilege is a discretionary overdraft service, requiring no action on your part, that provides you a safety net up to an automatically assigned overdraft limit. Your Overdraft Privilege Intelligent limit may be available for checks and other transactions made using your checking account number, such as an automatic (ACH) payment transaction, automatic bill payment or recurring debit card payment. If you request us to do so (opt in), we may authorize ATM transfers or withdrawals and everyday debit card purchases using your available balance and your Overdraft Privilege limit. For business accounts the limit may be available for ATM and everyday debit card transactions with no action required. Balances displayed do not include the Overdraft Privilege limit. There is no additional cost associated with Overdraft Privilege unless you use it. If you do use the Overdraft Privilege limit, you will be charged our paid item OD Privilege fee of $32 for each overdrawn item created by checks and other transactions made using your checking account number, such as an automatic payment (ACH) transaction, automatic bill payment, or recurring debit card payment.
Before Opening your Business Checking Account
Let's work together to make your experience as seamless as possible. Before arriving at one of our branches, please read our Business Member Service Agreement.
Then, please be sure you have the proper paperwork in hand. You can find out what you need to bring using these account opening guides based on your business or organization type:
Partnerships Opening Guide | Corporations Opening Guide | Sole Proprietorships Opening Guide | Limited Liability Company (LLC) Opening Guide | Group/Association
And these two documents will be necessary to open your account.
Schedule An Appointment
Ready to open an account? One our Business Specialists can help you get started.
Discount on First Check Order
Contact us to receive 50% OFF your first check order from Deluxe.
Fraud Prevention Services
If you are contacted by our fraud monitoring company, we encourage you to return their call at 866.798.3369 to verify any transactions. The service will clearly identify itself as “Commonwealth Credit Union Fraud Prevention Services.” Follow the prompts, and at any time during this call, you may press zero to speak to a live representative.
Visa Checkout
Online payments are quicker and more secure using Visa Checkout. All you do is enroll your business credit card in Visa Checkout to save time using your tablet, smartphone, or computer. You no longer have to type in your card and shipping information. And with multiple layers of security, Visa Checkout provides peace of mind you need.
Exclusive Discounts
As a Commonwealth Credit Union business member, you enjoy valuable discounts on various products and services through the Love My Credit Union rewards program. For example, save 40% on a one-year membership to Sam's Club, which you can use to stock up on your important office supplies.
live video
teller access
A Live Video Teller machine looks like an ATM, but there’s one big difference: members can choose to have a real time, face-to-face interaction with a Commonwealth Credit Union teller. Thanks to longer business hours, as well as Saturday hours, Live Video Teller Machines make personalized assistance for you and your business that much easier.
Deluxe solutions
Ordering checks is what they're known for, but Deluxe does so much more. From website design and hosting to retail packaging, Deluxe offers more than checks.
Frequently Asked Questions
How do I order checks for my business?
You may be wondering, "Where do I order checks?" If this is your first order, please call or stop by your local branch.
How do I reorder checks for my business?
You may be wondering, "Where do I order checks?" If you've already placed a check order for your business, you can reorder checks within online banking.
Commonwealth Credit Union is a full-service, not-for-profit financial institution with branches throughout Kentucky, serving as the official credit union of the University of Louisville.