Business Savings1,2

$5 minimum balance, $100 minimum balance earns dividends; dividends paid quarterly. ATM card1 is available.

Share Certificates

Fixed certificate terms are available from six (6) months to five (5) years. A $500 minimum certificate is required.

Business Checking Options

Non-Profit Organizational Checking Basic Business Checking Deluxe Business Checking
No Minimum Balance No Monthly Service Fee No Minimum Balance No Monthly Service Fee $5000 average daily balance avoids Monthly Service Fee
Earns Dividends on Balances over $2,000 Non-Interest Bearing Earns Dividends on Balances over $5,000
Allows 100 transactions per month 10¢ per item over limit Allows 300 free transactions per month 10¢ per item over limit Allows 300 free transactions per month 10¢ per item over limit
Penny Online, Penny Mobile3 & Penny Mobile Deposit3,4 Available Penny Online, Penny Mobile3 & Penny Mobile Deposit3,4 Available Penny Online, Penny Mobile3 & Penny Mobile Deposit3,4 Available
Penny Bill Pay Available Penny Bill Pay Available Penny Bill Pay Available
Visa Debt Card1 Available Visa Debt Card1 Available Visa Debt Card1 Available
See MBS Rate & Fee Schedule (PDF, opens new window) for full details.

Penny Business Bill Pay

Sign Up or View Demo (external website)

  • Pay your business's bills and view payment activity anytime, anywhere
  • Delegate the payment responsibilities you want to
  • Set permission controls so you maintain the final say
  • Quickly run customized reports with the information your business needs
  • Reduce your paperwork and bookkeeping
  • Maintain more control over cash flow
  • Increase your security over mailing checks

Penny Business Bill Pay with Payroll Automation

Automate your payroll and expense reimbursement, saving time, improving organization and enhancing control. That means no more manual calculations, spreadsheets or check writing.

  • Online access so you can handle payroll anytime, anywhere.
  • Payroll history that's automatically updated and stored for you
  • Filter options that allow you to set salaried and hourly employee compensation parameters
  • Reminder emails that help you stay on top of when payroll is due

Remote Deposit Capture

Save time and money by depositing checks with digital image technology without leaving your office.

Express Deposit

Save time making multiple check deposits, drop off your deposit at our teller line and it will be verified later that day.

Penny Mobile Banking

Connect to your account with our App to check balances, view transaction history, transfer funds between Penn State Federal accounts and locate branches and ATM's.
Download our App at the App Store (external website) or Google Play (external website).

Penny Mobile Deposit 3,4

Save a trip to the Credit Union! With Penny Mobile App you can deposit checks now – with no fees, plus transfer money, check account balances and make loan payments.

Check Reorder

Need to reorder checks? Click here for details about reordering. (external website)

1 Other financial institution ATM fees may apply.

2 Share saving accounts are considered non-transactional and therefore the number of automatic preauthorized & telephone transfers are restricted by Regulation D to six (6) per month.

3 Data rates may apply.

4 Account must be open, active and in good standing for six (6) months to qualify.