Business Flex Money Management
Business Flex is a money management account, for WORK! Open in person with an investment of $2,000 or more from another financial institution. Watch your savings grow with up to 1.40% APY on balances of $25,000 or more.*1
- Balances up to $24,999 earn a competitive tiered rate.*2
- Dividends are compounded monthly and calculated on your daily balance.
- Access is available 24/7 via mobile app and online at mobiloilcu.org.*3
- No minimum balance requirement.
- Link Business Flex as an overdraft source to your Mobiloil Credit Union Checking Account.*4
Business Flex Rates:
|Balance||Annual Percentage Yield||Dividends Paid|
|$0.00 – $9,999.99||0.50%||Monthly|
|$10,000.00 – $24,999.99||0.75%||Monthly|
Minimum opening deposit is $2,000 or more. Business Flex has no maintenance fee or minimum balance. 1) APY is annual percentage yield. Rates are subject to change without notice. 2) Less than $10,000 earns .50% APY, $10,000.00 – $24,999.99 earns .75% APY, $25,000.00 and up earns 1.40% APY. 3) Per Reg D withdrawal guidelines; online and in app transactions are limited to 6 per month. A maximum of 3 checks are allowed per month . A $15 fee is assessed for withdrawals beyond allowable limit. Unlimited withdrawals are allowed in person at any Mobiloil CU location. 4) Mobiloil CU allows automatic transfers from a linked account be used to pay overdrafts when necessary. A $5.50 fee is accessed when an overdraft transfer is initiated. Federally Insured by NCUA.