Metro Credit Union Launches Innovative Business Checking Account

Metro Credit Union Introduces New Business Checking Account

Metro Credit Union, the largest state-chartered credit union in Massachusetts, is excited to introduce its new Metro Business Checking account, tailored specifically for the diverse needs of business owners. This account is available in two distinct tiers: Essential and Premium, both aimed at enhancing the banking experience for entrepreneurs.

Features That Set the Account Apart

In a statement, Robert Cashman, President and CEO of Metro Credit Union, emphasized their mission behind the new account. "Our goal is to simplify banking for our business owner members while providing high-quality services and features that enhance accessibility," he said. The Essential and Premium tiers both allow for unlimited transactions and come with zero transaction fees, ensuring businesses can operate smoothly without the burden of hidden costs.

Exclusive Benefits for Business Owners

The Metro Business Checking account includes additional perks designed to create added value for members. Metro has collaborated with StrategyCorps to provide BaZingBiz, a specialized suite of benefits exclusively offered to holders of its business checking accounts. This suite is designed to enhance the everyday operations of business owners, providing options that can lead to potential savings and conveniences.

Essential Business Checking Features

For businesses opting for the Essential tier, the features are set to accommodate the basic yet essential needs of business operations. Key features include:

• Free mobile check deposits that allow for easy banking on the go.
• A debit card with a generous daily withdrawal limit of $3,000.
• Access to BaZingBiz benefits that can be valued up to $2,400 annually, enhancing the account’s value.

Premium Business Checking

For those businesses seeking advanced features, the Premium Business Checking tier offers additional benefits which include:

• A competitive tiered interest rate structure that allows for potential earnings on deposits.
• Bonus interest rates on Business Membership Savings, helping businesses grow their savings with ease.
• A higher debit card daily limit set at over $5,000.
• Free basic checks and same day ACH services, enabling efficient cash management.
• BaZingBiz benefits, valued significantly at up to $3,000, which can contribute greatly to business growth.

About Metro Credit Union

Established in 1926, Metro Credit Union has grown to be a vital financial resource within Massachusetts, boasting assets totaling approximately $3.4 billion. It serves nearly 200,000 members across various regions, providing a comprehensive range of financial products. The credit union has a notable presence, operating branch offices in numerous locations and fostering relationships through its Metro@work program, where it collaborates with over 1,200 companies.

Metro Credit Union has also been recognized with the Juntos Avanzamos designation, demonstrating its commitment to serving Hispanic and immigrant communities, which is vital in today's diverse banking landscape. Recently, it has been highlighted as one of the most charitable companies in Massachusetts, reflecting its dedication to community support and empowerment.

Frequently Asked Questions

What is the Metro Business Checking account?

The Metro Business Checking account is a tailored banking solution designed for business owners, offering two tiers: Essential and Premium, each with unique features and benefits.

What are the main features of the Essential Business Checking?

The Essential tier includes free mobile check deposits, a debit card with a $3,000 daily limit, and access to BaZingBiz benefits worth up to $2,400 annually.

How does the Premium Business Checking differ from the Essential tier?

The Premium tier offers additional perks such as competitive interest rates, higher daily debit card limits, and enhanced BaZingBiz benefits valued at up to $3,000.

Who can avail of the Metro Business Checking account?

Any business owner looking for a reliable and beneficial banking solution can avail of the Metro Business Checking account, provided they meet the credit union's membership requirements.

How long has Metro Credit Union been serving its members?

Metro Credit Union was founded in 1926, and over the years, it has provided a wide range of services to nearly 200,000 members across Massachusetts and New Hampshire.

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