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Last Updated: 04/18/2025

Levo CU Business Checking Accounts

from Levo Credit Union

Last Updated: 04/18/2025

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Highlights

Monthly Service Fee

$0(Verified 03/19/2025)

ATM Fee: Out-of-Network (within the U.S.)

N/A


Minimum Average Balance to Avoid Monthly Service Fee

N/A


APY (Annual Percentage Yield)

0.05% - 0.07%(Verified 06/26/2024)

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Levo CU Business Checking Accounts Review

Levo CU Business Checking Accounts is offered by Levo Credit Union, a credit union founded in 1934 and based in Sioux Falls, SD. Levo Credit Union Business Checking Accounts is available in 50 states, 5 US territories, and Washington, DC.

Key Takeaways

  • Low annual percentage yield (APY). The maximum annual percentage yield for this account is only 0.07% .
  • No monthly maintenance fees. This account does not charge any monthly account fees.
  • Large minimum initial deposit. You need a minimum deposit of $2,000 to open an account. This is a relatively large minimum initial deposit when compared to the other accounts that we track.
  • No ATM fees. Levo CU Business Checking Accounts does not charge fees on ATM transactions .
  • Bill pay. Pay your bills to practically anyone in the United States when you enroll in Levo Credit Union mobile or online banking.

Levo CU Business Checking Accounts Pros & Cons

Levo CU Business Checking Accounts FAQ

Are business checking accounts from Levo Credit Union federally insured?

Yes, your business checking accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What APY does Levo CU Business Checking Accounts offer?

Levo CU Business Checking Accounts offers an APY starting at 0.05% and ranging up to 0.07% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2000.

What are the account minimums for Levo CU Business Checking Accounts?

Levo CU Business Checking Accounts requires a minimum initial deposit of $2,000 to open an account.

What fees does Levo CU Business Checking Accounts charge?

The good news is that this account does not have a monthly service charge.

What features and perks does Levo CU Business Checking Accounts offer?

This account includes the following features:
  • Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Levo CU Business Checking Accounts allows you to manage your money online.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

700 E 14th St
Sioux Falls, SD 57104
(605) 334-2471
Visit Site

Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed

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SuperMoney Net Recommendation Score

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The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

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