1 non electronic transactions are defined as checks processed and in branch transfers deposits and withdrawals.
Open business checking account online navy federal.
Business checking accounts include the first 30 transactions for free.
1 up to 20 00 in atm fee rebates per statement period.
12 if you fail to maintain a 1 500 balance but opt for electronic statements transaction fee.
2 members with free active duty checking accounts will receive their direct deposit of net pay ddnp one business day early.
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.
It also provides benefits to your customers and employees.
Up to 12 checks for deposit at a branch will count as one transaction.
Navy federal credit union business checking and accounts provide essential financial building blocks for your business.
To open a navy federal business checking account you ll need to have business membership of the credit union.
2 rates on variable rate accounts could change after account opening.
Choose the right checking account for me.
You ll also have to deposit 100 in the business account at the time of opening.
3 monthly service fee waived if average daily balance is 5 000 or more.
You ll receive your starter checks in 7 to 10 business days.
Building blocks for your business.
Your account comes with a navy federal debit card the combination debit and atm card that s accepted worldwide at millions of locations.
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.
Each transaction thereafter will cost 25 cents.
4 up to 10 in atm fee rebates per statement period.
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.
5 for flagship checking no monthly service.
Fees may reduce earnings.
Otherwise 0 50 per domestic transaction or 1 00 per foreign transaction.
For many small businesses a critical step is opening a business checking and savings account.
None if performed at a navy federal branch or atm.
Offering rates may change.
A business bank account helps you stay legally compliant and protected.
Business checking and savings.
3 up to 10 per statement period.
The best part is that all accounts earn dividends.
This is not required for sole proprietorships.
Direct deposit required to receive atm fee rebates for flagship checking.
For business membership eligibility all owner s of the business must have an existing individual membership with navy federal.
Atm cash advance fees.
First 100 free then 40 cents per transaction.