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Mobiloil Credit Union

Business Plus Checking

Your business has unique financial needs.

Business Plus Checking is smart money management, made simple. So, whether you are an established business owner or just starting out, Business Plus gives you everything you need in a checking account!

$100 deposit establishes Business Plus Checking upon verification of eligibility.

Earn up to 2.5%APY*(1) on eligible balances (2) when the four activity qualifiers below are met each month.(3)  It’s your account; you control how it works for you.

  • $2,500 in ACH transactions per month. Enjoy worry free deposits of your merchant payments and receivables. Pay vendors and others electronically.  Combined monthly ACH debits and/or credits must equal $2,500 or more.
  • Complete 20 transactions per month.(4) Operate your business easily with the flexibility of unlimited transactions.  Get access to your money from anywhere with a VISA Business Debit Card.  Build credit when you use a Business Mastercard Credit Card for everyday purchases. (5)
  • Login to the Mobile App or Online Account Access at least once per month. Perform transactions on  your desktop, tablet or mobile device, 24/7.
  • Go Paperless with E- Statements. The fast, secure way to receive important notices and monthly statements.

We’re working harder to help you bank smarter.  Take advantage of these other account perks.

  • Business VISA Debit Card
  • Bill Payment
  • Snap Deposit (6)
  • Overdraft Protection (7)
  • No Minimum Balance
  • No Monthly Service Charge
  • Unlimited check writing privilege
  • 24-hour accessibility using Mobile App, Online Account Access, Automated Access (touch-tone phone)
  • Merchant and Payroll Services
  • Business Lending (Subject to credit approval)

Anyone who lives, works, worships or attends school in our 8 county service area is eligible for membership along with the businesses and organizations of such persons.   Subject to credit approval.

  1. APY is annual percentage yield.
  2. $1000.01– $25,000.00 2.50% APY, $25,000.01 and up .50% APY. Dividends are calculated monthly on your daily balance. Rates subject to change without notice.
  3. Activity Qualifiers trigger interest rate calculation on eligible balances. They are not required in order to use the account.
  4. Excludes fees and dividends. Transactions include:  All deposits, checks paid, VISA debit card transactions,  as well as all incoming/outgoing ACH (electronic) debit and credits. Business Mastercard Credit Card transactions are included in transaction counts.
  5. Must meet credit granting criteria for acceptance of a Business Mastercard Credit Card.
  6. Eligible after 60 days when account is in good standing.
  7. Overdraft Protection Solutions vary. See CU for details.

Additional Business Services

We also offer Business Savings and Business Lending services to help take your business to the next level!

Email our Business Services Team directly at BusinessServices@mofcu.org.

Have a question? Contact us online, give us a call at 409.892.1111, Toll Free at 800.892.1111 or stop by a location close to you for any questions you may have. We’re here to help.