MSU Federal Credit Union

Business Sweep Account

The Business Sweep Account is designed to be used with our Sweep Feature. This account enables you to earn higher dividends on excess funds or avoid minimum balance fees associated with your Business Checking account. If you have 25 transactions a month or less, then this is the account for you.

• Free unlimited sweep transactions
• 24/7 account access
• Increased investment earnings
• Reduces business line-of-credit balances

Click the button below to open your Business Sweep account and mail all supporting materials to:

Business Services Department
Michigan State University Federal Credit Union
3777 West Road East Lansing, Michigan 48826-1208

Download Business Application

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What is required to open a business account?

1. Print and complete MSUFCU's Business Application, please sign where indicated.

2. Include any necessary supporting materials: DBA, Partnership agreement, Articles of incorporation, Articles of organization (LLC), or Operating agreement (LLC).

3. Drop off your application to any MSUFCU branch location or mail to:

• To any MSUFCU branch
• Through our Message Center (even if non-member)
• By mail:
Business Services Department
Michigan State University Federal Credit Union
3777 West Road
East Lansing, Michigan 48826-1208

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What are the fees associated with a Business Sweep account?

There is a $0 minimum balance to open a Business Sweep account.

• Minimum Balance to Avoid a Fee: None
• Complimentary Transactions: 25
• Monthly Minimum Balance Fee: None
• Excess Transaction Fee: $0.25

Dividend Rate Tier Structure:
• $2,000 - 9,999.99
• $10,000 - 49,999.99
• $50,000 - 99,999.99
• $100,000 - 499,999.99
• $500,000 - 999,999.99
• $1,000,000 - 1,999,999.99
• $2,000,000 +

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I need to make changes to my existing business account, how do I do that?

We have gathered our most requested forms for business account changes here.

To process these requests -

• Mail to:
MSUFCU: Business Department
PO Box 1208
East Lansing, MI 48826-1208

• Fax to: 517-664-4865

• Bring to any MSUFCU Branch

Didn't find the form you're looking for? Call 517-333-2424 or toll-free: 800-678-4968 and press 7.

View All FAQs

Disclosures

Business Account Terms and Conditions

Business Account Schedule of Service Charges

Equal Housing Opportunity

Federally Insured by NCUA

Equal Housing Opportunity

Federally Insured by NCUA

Equal Housing Opportunity

Federally Insured by NCUA

NMLS: 405297

MSU Federal Credit Union savings are Federally insured to at least $250,000 by the and backed by the full faith and credit of the United States Government. APR = Annual Percentage Rate. APY = Annual Percentage Yield. and read our disclaimer regarding links to other sites.

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