Business Flex Money Management
Business Flex is a money managemnt account, for WORK! Open online or 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|
Business Flex is a business money managment account. Minimum opening deposit is $2,000 or more. Business Flex has no maintenance fee or minimum balance. Access is limited to online, in app, by phone or in person. 1. APY is annual percentage yield. Rates are subject to change without notice. 2. Less than 10,000 .50% APY 10,000 – 24,999 .75% APY. 25,000 and up 1.40% APY. Rates subject to change without notice. 3. Per Reg D withdrawal guidelines; online and in app transactions are limited to 6 per month. A $15 fee is assessed for withdrawals beyond allowable limit. Unlimited withdrawals are allowed in person at any Mobiloil CU location. However, a $7 fee may be assessed after 3 in person withdrawals. 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.