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  San Mateo Credit Union Business Checking Account
San Mateo Credit Union Business Checking Account Unaffiliated

San Mateo Credit Union Business Checking Account

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Highlights
Monthly Fee $0 - $15
(Verified 08/04/2023)
ATM Fee: Out-of-Network N/A
APY (Annual Percentage Yield) 0.00%
(Verified 08/04/2023)
Minimum Balance to Avoid Monthly Fee N/A

San Mateo Credit Union Business Checking Account Review

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

Key Takeaways

  • 0% APY. As with most checking accounts, San Mateo Credit Union Business Checking Account does not pay interest.
  • Charges a monthly fee. This account charges a monthly service fee of up to $15.
  • $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
  • No ATM fees. San Mateo Credit Union Business Checking Account does not charge fees on ATM transactions.

San Mateo Credit Union Business Checking Account Pros & Cons

Pros Cons
  • Available in all 50 states.
  • Insured by NCUA.
  • No signup bonus.
  • Does not earn interest
  • Does not offer mobile check deposits.
  • Does not come with a debit card
  • Higher than average wire transfer fees.
  • Monthly service charge.

San Mateo Credit Union 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 Business Checking Account offer?

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

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

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

San Mateo Credit Union Business Checking Account Account Minimums
Description Amount
Minimum Initial Deposit $100

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

This account charges a monthly maintenance fee of up to $15.

San Mateo Credit Union Business Checking Account Fees
Description
ATM Fee: In-Network $1
Monthly Fee $0 - $15
NSF Fee $30
Paper Statement Fee $2
Stop Payment Fee $25
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Outgoing) $45

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

This account includes the following features:

  • Fraud monitoring - San Mateo Credit Union Business Checking Account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Mobile Banking Services - San Mateo Credit Union Business Checking Account allows you to manage your money online.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.
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Other Business Checking Accounts by San Mateo Credit Union

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Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Minimum Opening Deposit Starting at $100
ATM Fee: In-Network $1
Monthly Fee $0 - $15
(Verified 08/04/2023)
NSF Fee $30
Paper Statement Fee $2
Stop Payment Fee $25
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Outgoing) $45
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Account Features
  • No ATM Fees
  • Nationwide ATM Network
  • Mobile Banking
  • Fraud Monitoring
  • Insured by NCUA
APY (Annual Percentage Yield) 0.00%
(Verified 08/04/2023)

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