Think of these accounts as essential tools to help your small business grow and thrive.
Open business checking account online navy federal.
2 members with free active duty checking accounts will receive their direct deposit of net pay ddnp one business day early.
To open a navy federal business checking account you ll need to have business membership of the credit union.
3 monthly service fee waived if average daily balance is 5 000 or more.
Building blocks for your business.
For business membership eligibility all owner s of the business must have an existing individual membership with navy federal.
1 as of 5 1 20 rates range from 9 15 apr to 18 apr are based on creditworthiness and will vary with the market based on the wall street journal prime rate.
15 if you don t maintain a minimum balance of 1 500 or link your total business checking account to a chase private client checking or chase premier platinum checking account.
The best part is that all accounts earn dividends.
12 if you fail to maintain a 1 500 balance but opt for electronic statements transaction fee.
First 100 free then 40 cents per transaction.
It also provides benefits to your customers and employees.
Each transaction thereafter will cost 25 cents.
4 up to 10 in atm fee rebates per statement period.
3 up to 10 per statement period.
You ll also have to deposit 100 in the business account at the time of opening.
Offering rates may change.
Business checking accounts include the first 30 transactions for free.
Atm cash advance fees.
You ll receive your starter checks in 7 to 10 business days.
1 non electronic transactions are defined as checks processed and in branch transfers deposits and withdrawals.
Choose the right checking account for me.
Open a business account when you re ready to start accepting or spending money as your business.
A 5 minimum business membership savings account must be opened to establish a navy federal business membership in the business entity s legal name.
Direct deposit required to receive atm fee rebates for flagship checking.
Navy federal credit union business checking and accounts provide essential financial building blocks for your business.
This means that you ll first need to be an individual member with an account in good standing.
2 rates on variable rate accounts could change after account opening.
A business bank account helps you stay legally compliant and protected.
5 for flagship checking no monthly service.
For many small businesses a critical step is opening a business checking and savings account.
1 up to 20 00 in atm fee rebates per statement period.
Your account comes with a navy federal debit card the combination debit and atm card that s accepted worldwide at millions of locations.
This is not required for sole proprietorships.
Open a checking account online.
Fees may reduce earnings.
Up to 12 checks for deposit at a branch will count as one transaction.
