Buying Your First Home

Learn about buying your first home from Vlad Karman, one of UCU's most experienced lenders. In this webinar, Vlad does a deep dive on everything you need to know when you decide to buy your first home.

UCU Small Business Accounts – a Chequing Account for Each Stage of Your Business

 

Starting a small business involves creativity, planning, and a lot of hard work. But one of the first things a small business owner should do when starting a new business is to open a Business Chequing Account. A separate bank account for your business will set the foundation for future growth. It is necessary for:

• Accurate bookkeeping
• Building your business credit
•  Provides a clear trail of your business revenue and expenses
• Simplifies your taxes
• Protects your liability
• Builds a business banking relationship
• Manage cash flow

As your business grows - so do your banking needs

UCU has a tailored business account that will provide targeted banking services for each stage of your business.

As your business grows, UCU will support your increasing business needs.

Stop paying for business banking services you do not use – select from a list of UCU Business Accounts that are designed to fit your specific business profile at a price that will help your small business grow.

Choose a ucubiz account that is right for your business

ucubiz Basic

The business chequing account for the small or new business that has relatively simple banking needs. Perfect for the business that makes a few transactions per month.

What it Offers:

• 5 free eligible transactions per month
• Service Charge for each additional transaction after the first 5
• Free Internet Banking
• Free Mobile Banking
• Optional Business Overdraft Protection

What it Costs:

•  $6.00 per month
•  Monthly fee is waived if the minimum account balance is $5,000 or more

ucubiz Advantage

The business chequing account for your growing business needs. Ideal for the small business that makes up to 30 transactions per month.

What it Offers:

• 30 free eligible transactions per month
• Service Charge for each additional transaction after the first 30
• Free Internet Banking
•  Free Mobile Banking
• Optional Business Overdraft Protection

What it Costs:

• $25 per month
• Monthly fee is waived if the minimum account balance is $50,000 or more

ucubiz Premium

The best value business chequing account for businesses whose banking needs require up to 60 transactions per month.

What it Offers:

• 60 free eligible transactions per month
• Service Charge for each additional transaction after the first 60
•  Free Internet Banking
•  Free Mobile Banking
• Optional Business Overdraft Protection

What it Costs:

•  $35 per month
• Monthly fee is waived if the minimum account balance is $250,000

ucubiz Power

For the growing business that performs up to 150 monthly transactions. Power your business with more transactions and fewer fees.

What it Offers:

• 150 free eligible transactions per month
• Service Charge for each additional transaction after the first 150
•  Free Internet Banking
•  Free Mobile Banking
• Optional Business Overdraft Protection

What it Costs:

• $85 per month

ucubiz Quantum

The most comprehensive banking option for the business with a high monthly transaction rate. Ideal for the established business that requires more flexible, cost-efficient banking services.

What it Offers:

• 300 free eligible transactions per month
•  Service Charge for each additional transaction after the first 300
•  Free Internet Banking
• Free Mobile Banking
• Optional Business Overdraft Protection

What it Costs:

•  $175 per month

More information about UCU Business Account can be found on the UCU website. 

 

ucubiz Virtual Account – a Small Business Banking Solution for Your E-Commerce Needs

 

The COVID -19 pandemic has changed the way Canadians shop and many storefront retailers have been quick to respond to the changing economic landscape by shifting their daily operations to online sales.

Since small businesses were forced to shut their doors during the COVID -19 lockdown, many of them have turned to e-commerce to keep their businesses afloat.

Curbside pick-up and contactless delivery of products have surged – and as a result, many small businesses are considering making e-commerce a permanent component of their daily operations.

Grow Your Business and Your Business Savings

The ucubiz Virtual Account is a small business account for Members who want an online banking solution that will complement their growing e-commerce business.

This small business account is operated and managed by you online - you can move money and pay your bills with your ucubiz virtual account using your computer, smartphone, or tablet.

You will save time and money by not having to visit your local branch to conduct your business transactions – time and money that you can put towards growing your business instead.

No Monthly Fee – No Minimum Balance – No Service Charges

ucubiz Virtual Account is designed for small business owners who prefer to conduct their banking transactions online.

No Monthly Fees will be applied to your account - most banking transactions will be performed by you and not your local Branch teller.

No Minimum Balance required to maintain your account.

No Service Charges will be added to your account for transactions using:

• UCU and Exchange Network ATM
• Electronic Credits
• Online Banking
•  Mobile Banking

Added Features

• Two FREE in-branch banking transactions each month
•  Business Overdraft Protection option

ucubiz Virtual High-Interest Savings Account

When you open an ucubiz Virtual Small Business Account you will automatically receive a ucubiz Virtual Savings Account. This is a higher interest savings account that will allow your business savings to grow.

• Current interest rate is 0.25%

For more information about the ucubiz Virtual Small Business Account, please visit the UCU website. ucubiz

 

 

ucubiz Community Account – the Business Account for your Community or Not-For-Profit Organization

 

For over 75 years, UCU has supported the maintenance and growth of many Ukrainian cultural, educational, religious, and recreational organizations. UCU has sponsored and promoted many organizations that have contributed to the vibrant Ukrainian community life we experience today.

As UCU recognizes the impactful work of each group – it also helps many local community organizations and registered charities with their banking needs.

Most Community-Based Organizations Need Their Own Business Account

If you run a community organization or not-for-profit charity then it is advantageous to have a bank account in your organization’s name.

With an ucubiz Community Account your organization can:

• Keep track of your organization’s money
• Apply for government grants
• Collect donations or fees

ucubiz Community Account – No Fee Business Account

With the ucubiz No-Fee Community Account, your organization and charity can keep more of its money since there is no fee for day-to-day transactional banking.

Some charges will be applied if your organization requires additional banking items such as:

• Certified cheques
•  Bank drafts
• Personalized chequebook
• Send Interac e-mail transfer

ucubiz Community Account May Benefit Your Organization

Open an ucubiz Community Account if your community organization or not-for-profit is one of the following:

• Cultural – dance groups, choirs or theatre groups 
• Sports - recreational youth and adult sports teams
• Educational – Ukrainian based education activities or publications
• Church – religious groups that support local churches
•  Registered Charity

ucubiz Community Account – Supports your  Organization as it Grows

UCU will support your organization or charity as it grows by offering additional electronic payment options such as Merchant and Cash Management Services.

For more information please visit our website