Our business account products include basic daily operating accounts and an interest bearing savings account. Our business accounts pay competitive tiered interest rates on your credit balances. Interest is calculated on the daily closing balance and paid monthly.

Business Chequing Account

• A basic account for the day-to-day operation of your business.
• Deposits, withdrawals and other account transactions are calculated according to service usage and charged monthly.
• An account maintenance fee is applied to each account per statement cycle.

Business Banking Packages

A selection of plan options designed for small to mid-sized business members who require the convenience of a comprehensive business banking package with corresponding fixed monthly fees.

Business Economy Package

• $25.00 per month (fee waived with minimum balance $15,000)
• Includes 35 transactions
• Cash handling fee: no charge up to $1,000 per month

Business Advantage Package

• $50.00 per month (fee waived with minimum balance $30,000)
• Includes 75 transactions + 2 e-transfers
• Cash handling fee: no charge up to $5,000 per month

Business Deluxe Package

• $75.00 per month (fee waived with minimum balance of $40,000)
• Includes 125 transactions + 2 e-transfers
• Cash handling fee: no charge up to $5,000 per month

Professionals Plan Package

• $15.00 per month – up to 20 transactions
• $35.00 per month – unlimited transactions
• Tiered Interest Rates paid on positive balances

Business & Community Unlimited

• $125.00 per month (fee waived with min. balance $65,000)
• Includes unlimited transactions + e-transfers
• Cash handling fee: no charge up to $20,000 per month

Electronic Package

• $8.00 per month
• Includes unlimited electronic credits and debits + 10 e-transfers
• Cash handling fee: $2.50 per $1,000 per month

Business Savings Account

• A flexible savings account with no minimum balance requirement or monthly maintenance fee
• The cost of deposits and other account transaction services are calculated according to the standard service fees and charged monthly.

Business High Interest Savings Account

• A high-interest savings account with no minimum balance required
• Two free debits per month, then $5.00 per debit transaction
• No fees for deposit/credits
• Tiered Interest Rates paid on positive balances

Whether you are a local organization or a registered charity, we have an account to meet your needs.

Community Account

• Designed for small local organizations and clubs.
• Interest bearing chequing account.
• Deposits, withdrawals and other account transaction fees are calculated according to service usage and charged monthly.
• Discounted deposit and monthly maintenance fee for community organizations.

Registered Charity Account

• Designed for organizations with a registered charitable tax number.
• Interest bearing chequing account.
• Standard service charges and monthly maintenance fee waived.
• Miscellaneous account fees will apply.

Our trusts offer competitive rates, easy access to your money, and full compliance with regulatory requirements.

Cemetery Trust Accounts

• A Care & Maintenance Fund – designed for proceeds from selling, assigning or transferring interment rights. (i.e., right to a land lot)
• Fully compliant with The Funeral, Burial and Cremation Services Act 2002.

Statutory Trust Accounts

• Designed for lawyers and real estate professionals who administer client funds.
• Fully compliant with The Real Estate and Business Brokers Act, 2002 (real estate trust)

Lottery Trust Accounts

• Designed for proceeds derived from lottery events licensed by the Registrar of Alcohol and Gaming

Note: in order to open a Business Trust Account with Kawartha Credit Union, the general operating account of the business entity must also be held with Kawartha Credit Union.