Business Accounts
Savings The first Business Account you open at Atomic will be your primary savings. Your initial deposit of $5.00 will remain in your account as long as you are a member. Savings dividends are calculated using the average balance method, and dividends are paid on the last day of each quarter. Checking
Money Management Want more bang for your buck? Our high-interest savings account is the answer. With higher rates than a traditional account and no terms or penalties for early withdrawal, you get a great rate with anytime access to your money. • Minimum balance of $2,500
Once your Business Savings has been established, you then have the option of adding your checking account. There are no per-item fees for deposits or withdrawals! • Online and Mobile Banking, with Bill Pay • Business Debit Mastercard • Business employee Debit cards, with customizable purchasing limits • Merchant services, including card processing, check imaging, gift cards, and more
• Three free withdrawals per month • Higher balance = higher dividends • Online and Mobile Banking
• Direct deposit availability • Insured up to $750,000
Certificates of Deposit Whether you are working on a short-term or long-term savings plan, emergency fund, or saving for a specific expense, we can help you reach your goal! • Minimum deposit of $1,000 • Choose from 3-60 month terms • Dividends are paid monthly • Penalties apply for early withdrawal • Insured up to $750,000
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ACH Corporate Agreements Business account members are eligible to transmit payroll through ACH upon Upper Management approval. Simply reach out to your nearest branch or contact our Funds Management Department to draft a Corporate Agreement to meet the needs of your business. Payroll can be personalized through your business account based on exposure limits, frequency, and types of entry (credit or debit). Once the Corporate Agreement is completed and signed by both parties, the business account may begin initiating entries to their employees. The Corporate Agreement will provide the ODFI (Originating Depository Financial Institution) Processing Schedule, Authorized Signature Form, Holiday Schedule, as well as Direct Deposit Authorization forms for the business’ employees. A Transmittal sheet containing the settlement date, item amount, and total will be provided to the Funds Management Department for processing by the business member via email or fax based upon the frequency agreement. 12
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