Business Elite
Operating Account
Our Business Elite Operating Account offers unlimited specified debit transactions so you can bank as much as you need to at no extra cost.

As your business grows, you’ll need an account with the flexibility to grow with you. That's why we're sure you'll love our Business Elite Operating Account, offering unlimited specified transactions so you can bank as much as you need to at no extra cost.

Key Features


  • Account Fees: The monthly account fee is only $70 and includes unlimited specified debit transactions.
  • eStatements: Electronic statements are free and accessible through digital banking. If you prefer paper statements, there’s no additional charge.
  • Free Deposits: It’s always free to deposit money using our mobile app, ATMs, Interac e-Transfer® or in-branch. 
  • Interac e-Transfer: Interac e-Transfers are free to receive but cost $1.50 to send.
  • Deposit Guarantee: The deposits of Encompass Credit Union members are 100% guaranteed by the Credit Union Deposit Guarantee Corporationand the Province of Alberta.

Account Details

  • Account Fee: $70.00 / month
  • Minimum Monthly Balance: N/A
  • # of Free Debits / Month: Unlimited
  • Per Item Debit Fee: N/A
  • Paper Statement: No charge
  • In-Branch Deposits: Unlimited; No charge
  • Deposit (any credit union): Unlimited; no charge
  • Inquiry (any credit union): Unlimited; no charge
  • Bill Payments (any credit union): Unlimited; No charge
  • Transfer (any credit union): Unlimited; No charge
  • Withdrawal (any credit union)*: Unlimited; No charge
  • Withdrawal (other financial institution)*: $1.50
  • Withdrawal (international)*: $3.00
  • AFT (Automated Funds Transfer): Unlimited; No charge
  • Cheque: Unlimited; No charge
  • Direct Payment / Point of Sale Purchase: Unlimited; No charge
  • In-Branch Cash Withdrawal or Transfer Unlimited; No charge
  • In-Branch Bill Payment: Unlimited; No charge
  • Online Bill Payments: Unlimited; No charge
  • Inquiries: Unlimited; No charge
  • Loan Payments: Unlimited; No charge
  • Transfers (Immediate, Scheduled, Recurring): Unlimited; No charge
  • Receive Interac e-Transfer®: Unlimited; No charge
  • Send Interac e-Transfer®: $1.50/transfer
  • View Images of Cleared Cheques: Unlimited; No charge
  • eStatements: Unlimited; No charge
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