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Checking Accounts

Business Checking Accounts


A P1FCU business checking account provides you with a simple, cost-effective way to manage your cash flow and process your daily cash receipts and disbursements. We can give you basic options for a small business, or more complex capabilities for you as your business grows.

Business Non Profit

For your specific needs

Features

  • $0 Minimum Balance
  • $0 Monthly Maintenance Fee
  • Dividends Paid
  • $0 Check Writing Fee
  • $0 Deposit Fee
  • $0 Cash Deposit Fee
  • Debit Mastercard
  • Online Banking

Business No Fee

Just the Basics

Features

  • $0 Minimum Balance
  • $0 Monthly Maintenance Fee
  • $0 Check Writing Fee
  • $0 Cash Deposit Fee
  • Debit Mastercard
  • Online Banking

Business Premium

for more complex banking needs

Features

  • $0 Minimum Balance
  • $10 Monthly Maintenance Fee
  • Dividends Paid*
  • $0 Check Writing Fee
  • $0 Deposit Fee
  • $0 Cash Deposit Fee
  • Debit Mastercard
  • Online Banking
    (Enhanced Online Banking available - $20 per month)
  • EZ Office Deposit

Business Non Profit

  • $25 Non-Sufficient Funds Fee
  • $25 Paid Overdrafts Fee
  • $20 Stop Payment Fee

Business No Fee

  • No Dividends Paid
  • $0.20 Deposit Fee per item over 50 deposit items per month
  • $25 Non-Sufficient Funds Fee
  • $10 Returned Item Fee
  • $25 Paid Overdrafts Fee
  • $20 Stop Payment Fee

Business Premium

  • $25 Non-Sufficient Funds Fee
  • $10 Returned Item Fee
  • $25 Paid Overdrafts Fee
  • $20 Stop Payment Fee

*Dividends paid when the minimum balance is maintained. No fee is accrued if balance falls below $1000.
**Special dividends apply to balances $25,000.01+.
 

Dividend Details

Non-Profit APY*
$0.01 + 0.15%

Business No Fee APY*
Not qualified to earn dividends on any dollar amount 0.00%

Business Premium APY*
Business (Premium Account Only, minimum $1000 balance to earn dividends)
$0.00 - $999.99 0.00%
$1000.00 - $25,000 0.15%
$25,000.01+ 0.20%
Effective 11/24/2021
*APY - Annual Percentage Yield. Rates and terms subject to change without notice.
 

Other Benefits


Debit Mastercard Businesscard®

A Debit Mastercard Businesscard® allows you to enjoy purchasing flexibility, benefits, and built-in tools.
 

Online Banking

Our Online Banking solution includes an all new array of business functions to make running your business on the go as easy as the push of a button. 

Standard Features Include:

  • Alerts
  • eStatements
  • External Transfers
  • Download to your Quicken & Quickbooks software
  • Free Bill Pay
  • View Images of Cleared Checks
  • Mobile Deposit
  • EFTPS (Electronic Federal Tax Payment System)

Enhanced Features Include (Premium Checking Only):

  • ($20 monthly maintenance fee)
  • Payroll
  • ACH Payments
  • ACH Collections

EZ Office Deposit

With EZ Office Deposit you can deposit checks electronically from your office. A Premium business checking account is required for this service. Purchase or lease of equipment is required.
 

Not sure what documents to set up an account?

Check out our key documents to bring to get started.

 
Two business people reviewing budgets.

Business loans

Your big plans benefit
from our specialized
loans.

  • Revolving Lines of Credit
  • Commercial Real Estate Purchases & Refinance
  • Commercial Construction