Business Services

Convenience, financial value, and personal

service can benefit your business

Business Checking

Enjoy extended cut-off times and a simple fee structure when you choose a CEFCU Business Checking account. Plus, you can select the Checking account that fits your business and your needs.

CEFCU's Basic Business Checking is perfect for small businesses with limited transaction needs.

Benefits

  • No monthly charge for first 30 checks written, first 20 bagged deposits, first 50 deposited items.
  • No monthly service fee for average daily balances more than $2,500.
  • Extended cut-off times for deposits.
  • Secure, 24/7 access to Online Banking.
  • Access to CEFCU Bill Pay.
  • Use of CEFCU Debit Card.
  • Options for overdraft protection and coverage.

Find out more about which Checking account is right for your business and how CEFCU can help you. Contact us for more information.

Our Business Checking account is ideal for medium to large businesses with higher transaction volume and balances.

Benefits

  • Monthly service charges offset by maintaining target balance.
  • Extended cut-off times for deposits.
  • Secure, 24/7 access to Online Banking.
  • Access to CEFCU Bill Pay.
  • Use of CEFCU Debit Card.
  • Options for overdraft protection and coverage.

In addition, this account has a Sweep service option — only what you need stays in Checking, while the rest earns interest in an Insured Money Market Account.

Find out more about which Checking account is right for your business and how CEFCU can help you. Contact us for more information.

Business Dividend Checking* is ideal for businesses that maintain higher balances. Dividends are paid on a tiered rate system for average daily balances at $2,500, $5,000, and $10,000.

Benefits

  • No monthly charge for first 30 checks written, first 20 bagged deposits, first 50 deposited items.
  • Extended cut-off times for deposits.
  • Secure, 24/7 access to Online Banking.
  • Access to CEFCU Bill Pay.
  • Use of CEFCU Debit Card.
  • Options for overdraft protection and coverage.

Find out more about which Checking account is right for your business and how CEFCU can help you. Contact us for more information.

*Minimum balance requirement to open or convert to Dividend Checking is $2,500. A Dividend Checking Account will be charged a $6.00 fee for each statement period that the average daily account balance drops below the minimum $2,500 level. Dividends are paid on a tiered-rate system: balances from $2,500 to $4,999; $5,000 to $9,999; and $10,000 or higher. If a Dividend Checking account is closed or converted to a non-dividend Checking account, dividends earned in the current statement period at that time are forfeited. Contact CEFCU for full details. Dividend Checking accounts accrue dividends on a daily basis. Dividends post monthly based on the Checking cycle. To earn dividends and avoid the fee, members must maintain an average daily balance (throughout the entire statement cycle) of at least $2,500.