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Business Checking Accounts
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Last Updated: 04/18/2025

San Mateo Credit Union Basic Business Checking Account

in Business Checking Accounts from Monterra Credit Union

Last Updated: 04/18/2025

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Highlights

Monthly Service Fee

$7.50(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%(Verified 06/21/2024)

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San Mateo Credit Union Basic Business Checking Account Review

San Mateo Credit Union Basic Business Checking Account is offered by Monterra Credit Union, a credit union founded in 1952 and based in Redwood City, CA. San Mateo Credit Union Checking is available in 50 states and Washington, DC.

Key Takeaways

  • 0% APY. As with most checking accounts, San Mateo Credit Union Basic Business Checking Account does not pay interest.
  • Charges a monthly fee. This account charges a monthly fee of $7.50.
  • $100 minimum opening deposit. This is a typical minimum initial deposit.
  • No ATM fees. San Mateo Credit Union Basic Business Checking Account does not charge fees on ATM transactions .

San Mateo Credit Union Basic Business Checking Account Pros & Cons

San Mateo Credit Union Basic Business Checking Account FAQ

Are business checking accounts from san mateo 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 San Mateo Credit Union Basic Business Checking Account offer?

San Mateo Credit Union Basic Business Checking Account is not an interest-bearing account.

What are the account minimums for San Mateo Credit Union Basic Business Checking Account?

San Mateo Credit Union Basic Business Checking Account requires a minimum initial deposit of $100 to open an account.

What fees does San Mateo Credit Union Basic Business Checking Account charge?

This account charges a monthly maintenance fee of $7.50.

What features and perks does San Mateo Credit Union Basic Business Checking Account offer?

This account includes the following features:
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

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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

P.O Box 910
Redwood City, CA 94064
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
9:00AM - 2:00PM

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