Purpose Checking

This custom-built business checking account is designed to help nonprofit organizations spend less time juggling finances and more time creating community impact.

With a streamlined account structure and enhanced treasury management features, Purpose Checking helps improve operational efficiency while ensuring donor-friendly practices to optimize fundraising. Plus, it’s #PoweredByREV—so your account is automatically insured up to $500,000 for greater peace of mind.

Business checking account designed to help nonprofit organizations.

Purpose checking offers streamlined account structure and enhanced treasury management features.

  • $2,000 Minimum Balance1

  • Up to 125 transactions monthly, including deposits2

  1. Monthly Maintenance Charge $19.95, Average daily balance to avoid Monthly Charge $2,000.00
  2. First 125 checks deposited, no charge. $.25 per item fee over monthly limit.
  3. Your account is automatically insured up to $500,000 for greater piece of mind. Your funds are protected up to $250,000 by the NCUA and REV provides an additional $250,000 in coverage through ESI. Both are included in your membership at no cost to you. Positive Pay and Reverse Positive Pay included at no cost to non-profit. Remote Deposit Capture included at no cost to non-profit. #UpTheGood debit card included. Minimum Opening Deposit $250.00. Minimum Daily balance to earn stated APY* $5,000.00. See Business Deposit Truth in Savings disclosure for more information.
*APY= Annual Percentage Yield. Checking dividends may change after the account is opened and are subject to change at any time.