Business Checking

Peak Credit Union offers three accounts that are designed to complement your business needs.

Checking accounts that help businesses move forward

Businesses face many unique challenges and opportunities. That's why our business checking accounts have features tailored to meet the needs of businesses such as lower monthly fees and higher transaction limits. They also provide access to other popular business banking product services like remote deposit and merchant services.  

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Business Checking Accounts

Innovator

For organizations with limited monthly transactions

Monthly Fee
$5

(waived for average aggregate balances greater than $500 and non-profit entities)

Free Deposits/Checks*
50

Free Cash Deposits**
Up to $5,000
Dividends
No
Explorer

For growing businesses with higher transaction counts transactions

Monthly Fee
$10

(waived for average balances greater than $15,000)

Free Deposits/Checks*
100

Free Cash Deposits**
Up to $10,000
Dividends
Yes
Voyager

A complete business checking solution for larger businesses transactions

Monthly Fee
$15

(waived for average balances greater than $25,000)

Free Deposits/Checks*
250

Free Cash Deposits**
Up to $25,000
Dividends
Yes
*Number of deposited items and written checks free. $0.15 per item thereafter.
**First $5,000 free - $10 per month if $5,000 is exceeded.
***Amount of cash deposits per month free. $0.05 per $1,000 thereafter.

IOLTA Trust Checking does not have overdraft or insufficient funds fees and is currently only available in Washington state.

Business Checking Rates

Rates as of: 7/1/25

Account
Balance Range
APY*
Voyager Business Checking
$0.00 - $10,000
0.05%
$10,000.01 – $100,000
0.10%
$100,000.01 and up
0.15%
Explorer Business Checking
$0.00 and up
0.05%
IOLTA Trust Checking**
$0.00 and up
0.75%

*APY = Annual Percentage Yield. Rates may vary by region. Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Dividends are compounded monthly and will be credited monthly. Fees may reduce earnings. Rates may vary by region. Call Peak at (800) 258-3115 for details. All rates and programs are subject to change at the discretion of administration. Business (Explorer or Voyager) Checking Accounts earn dividends. IOLTA Trust Checking: Business (Explorer, Voyager & IOLTA Trust) Checking Accounts earn dividends. Minimum balance needed to receive dividends. For more information see Business Deposit Disclosures.

**IOLTA Trust Checking is currently only available in Washington state.

Federally insured by NCUA.

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