Business Checking

Cyprus business checking accounts offer competitive dividends, low fees, and the tools you need to take your business to the next level.

 

 

 BUSINESS SAVINGS     BUSINESS LENDING     BUSINESS SERVICES

 

 

Home Banking

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Essential Small
Business Checking

Our Essential Small Business Checking account is an ideal solution for businesses with smaller deposits and fewer transactions.

  • No monthly fees
  • No fees on first $5,000 of cash/coin transactions per month*
  • Free check writing/deposits on first 100 checks per month**
  • Free ACH transactions on first 100 ACHs per month†
  • Free, unlimited ATM transactions at Co-op ATMs
  • Overdraft protection available
  • Minimum deposit of $50 required to open

* For each additional $1,000 of cash or coin deposits/withdrawals after the initial $5,000, a fee of 35¢ will be incurred.
** For each check deposited or written after the first 100, a 15¢ fee will be incurred.
† For each ACH debit/credit after the first 100, a 10¢ fee will be incurred.

Choice Business
Checking

Choose between a Choice Interest or Choice Earnings account. While Choice Interest accounts earn dividends, Choice Earnings accounts earn credits to help offset the monthly maintenance and transaction fees (these credits replace dividends). Both account types include/require:

  • No fees on first $5,000 of cash/coin transactions per month††
  • Free, unlimited ATM transactions at Co-op ATMs
  • Overdraft protection available
  • Minimum deposit of $50 required to open
  • 5¢ charge per check deposited/written
  • 2¢ charge per ACH debit/credit
  • Monthly fee of $10

†† For each additional $1,000 of cash or coin deposits/withdrawals after the initial $5,000, a fee of 35¢ will be incurred.

Nonprofit
Checking

This low-fee account is a great option for youth activity groups, church organizations, public funds, PTAs, and other nonprofit organizations.

  • No monthly fees
  • No setup fees
  • Free, unlimited check writing/deposits
  • Overdraft protection available
  • Free, unlimited ATM transactions at Co-op ATMs
  • Minimum deposit of $50 required to open

card

Visa Business Debit Card with Rewards

  • Use your card wherever Visa is accepted. Funds will be automatically deducted from your checking balance.
  • Withdraw cash nationwide at more than 30,000 surcharge-free Co-op ATMs.
  • Earn one point for every $4 you spend.
  • Easily manage your Cyprus Business debit and credit cards in Home Banking with Card Controls.


 

 

Contact Us

Schedule a free, one-on-one consultation with our dedicated local experts to discuss how we can help your business thrive. 

To get started or to ask questions, contact our team of business bankers at 801-260-7600 ext. 5150 or email BusinessBanking@CyprusCU.com. 

             

OPEN A BUSINESS ACCOUNT   BUSINESS SAVINGS & LOAN RATES   APPLY FOR A BUSINESS LOAN

 

 

Schedule a meeting with a Cyprus Business Banker

Select Location for Scheduling

Select a Location to Schedule Your Appointment

 

FAQs

What do I need to open a business account?  
Opening an account at Cyprus CU is as easy as bringing your personal identification (driver's license, passport, etc.), ensuring your business is registered with the State of Utah, and providing us your business Tax ID Number. 
Do I have to physically visit a branch to open an account? 
While you may be required to sign documentation in person, we can typically start the account opening process over the phone. Call or email our business banking team to get started.  
Can I run my business transactions through my personal account instead of opening a Business Checking account? 
Separating business and personal accounts is crucial to maintaining clear financial records and simplifying the accounting process for you and your business. Business accounts typically have higher transaction limits to allow your business to grow seamlessly.  
What are the benefits of opening a Business Checking Account at Cyprus Credit Union? 
At Cyprus Credit Union, we work hard to provide a one-stop shop for both your personal and business accounts. We provide dedicated Business Banking Officers who are available to help you every step of the way along your business journey. With us, it is more than a checking account, it is a relationship where we want to help you grow. 

 

 

Business Money Market

APY AS HIGH AS 4.65%

Business Growth Money Market

APY AS HIGH AS 4.00%

Business Visa Platinum Rewards

APR as low as 13.74%
The products and services on this page are offered through LPL Financial or its affiliates by Registered Representatives of LPL Financial. These products and services are not credit union deposits, not credit union guaranteed, not insured by NCUA or any other government agency, and may lose value. Cyprus Credit Union is a separate entity and is not affiliated with LPL Financial.
Links from the Cyprus Credit Union web site to other web sites are provided solely as a convenience to visitors. If you use these links, you will leave the Cyprus Credit Union web site.

The Credit Union does not have any responsibility or control over any of these external web sites, their content or their privacy policies. We do not endorse or make any representations about third-party external web sites, including any information, products, materials or results that may be obtained from using them.

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