Start Your Business Membership
Every Business Membership at Royalwells Credit Union begins with a Business Savings Account, providing all the benefits of membership.
- Earn competitive dividends and help your business grow
- Convenient account access
- Each account insured up to $250,000 by American Share Insurance (ASI)
- Minimum balance to open and earn dividends | $5
Sweep Account
Let Us Help Your Money Work Harder
Royalwells Credit Union offers Sweep Accounts to small businesses to ensure your money really works for you. A Sweep Account is an automated cash management tool that can help maximize your business’ idle cash.
The Sweep Account automatically links your Royalwells Credit Union Business Checking Account to an ASI-insured Royalwells Credit Union Savings Account (Sweep Account). Set a target balance in your Business Checking Account and on a daily basis, balances higher than your pre-determined target are swept into your Sweep Account. If your Business Checking balance falls below your target, funds are swept from the Sweep Account back into your Business Checking Account.