A Simpler Way to Save
Businesses and nonprofit organizations look no further: Ripco’s Business Savings Account makes saving easy and accessible. Enjoy competitive rates and access to our suite of online services.
Business Savings Account Features
- Minimum amount to open: $5.00
- Minimum balance to maintain: $5.00
- Fees: none
- Interest earned quarterly when balance is above $25.00
Other Primary Savings Account Benefits
During any month, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of a preauthorized; automatic; or computer transfer, telephonic order or instruction, or similar order to a third party. If you exceed the transfer limitations set forth above, your account will be subject to closure by the credit union.
For each withdrawal in excess of six during a month, in addition to being subject to closure, your account may be subject to a fee in an amount to be determined from time to time by the credit union. Also, your access to electronic services and overdraft protection may be temporarily or permanently suspended when transfer limitations are exceeded.