Sascu Business Checking

Account Features

Sascu business checking tiers are built around actual usage patterns, not arbitrary thresholds. Each tier earns its place through what it delivers for the monthly cost.

Sascu Business Basic

Designed for sole proprietors, freelancers, and startups that need core banking without complexity. Sascu Business Basic includes 150 free transactions per month — deposits, checks paid, ACH debits and credits, and internal transfers all count. There is no ongoing minimum balance requirement, though a $50 opening deposit establishes the account. Every Business Basic account includes a Sascu Visa business debit card, free Sascu online banking access, and mobile check deposit through the Sascu mobile app. Incoming domestic wires arrive at no charge, and the monthly maintenance fee runs $10, waived entirely if you maintain a $1,500 average daily balance.

Sascu Business Plus

Growing organizations hit a point where 150 free transactions no longer cover a typical month. Business Plus raises the ceiling to 500 free transactions and adds outgoing wire capability — domestic wires at $15, international at $35 — directly from the Sascu online banking dashboard without a phone call or branch visit. Multi-user access with role-based permissions lets you give the operations manager authority to approve ACH batches up to a dollar limit you define while reserving wire transfers for owner-level sign-off. Business Plus carries a $25 monthly maintenance fee, waived at a $10,000 average daily balance.

Sascu Analyzed Business Checking

Organizations processing high volumes of transactions each month benefit from an analyzed structure rather than a flat fee. Sascu Analyzed Business Checking calculates an earnings credit on your average collected balance — currently tied to the 91-day Treasury bill rate — and applies that credit against monthly service charges. If your collected balance generates credits exceeding the monthly fee, the surplus carries forward. Analyzed accounts include unlimited transaction processing, domestic and international wire capabilities, ACH origination, positive pay with daily exception review, and dedicated support from a Sascu business banking representative.

Business Checking Comparison

A side-by-side look at what each Sascu business checking tier delivers relative to its cost, so you can match the account to your actual needs rather than guessing.

Who Qualifies for Sascu Business Checking

Eligibility for a Sascu business checking account hinges on a few straightforward criteria, not on revenue minimums or years in operation. Sascu membership is available to any business that operates, owns property, or maintains a physical presence within the communities Sascu serves. Sole proprietors, partnerships, LLCs, corporations, and nonprofit organizations all qualify if the business is registered in the United States and maintains a valid EIN. The account opening process requires formation documents, an operating agreement or bylaws for multi-member entities, a government-issued ID for each authorized signer, and the initial deposit.

What You Need to Open

Gather your EIN confirmation letter from the IRS, your state-issued business registration certificate, and photo identification for every person who will have signing authority on the account. If the business is less than six months old, Sascu may also request a personal credit check for the primary owner — a soft pull that does not affect credit scores. Most Sascu business checking applications complete review within two business days. Once approved, the account activates immediately upon funding, and your Sascu business debit card ships within five to seven business days.

How Sascu Business Checking Compares to Personal Checking

The distinction matters beyond just the account name. Sascu personal checking accounts are designed for individual consumers with transaction patterns centered on daily expenses, direct deposit of payroll, and occasional person-to-person transfers. Business checking at Sascu adds the infrastructure that organizations depend on: the ability to process batch ACH payroll, accept merchant card settlement deposits, assign tiered account access to multiple employees, and generate transaction reports formatted for tax preparation. Personal accounts also cap monthly transaction volumes that businesses routinely exceed, triggering per-item fees that erode margins. Separating business and personal banking is not just a bookkeeping best practice — it keeps your liability protections intact if your business is structured as an LLC or corporation.

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