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Business Checking Accounts
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Last Updated: 04/18/2025

Carolinas Telco FCU Business Platinum Checking

in Business Checking Accounts from Carolinas Telco Federal Credit Union

Last Updated: 04/18/2025

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Monthly Service Fee

$15(Verified 03/19/2025)

ATM Fee: Out-of-Network (within the U.S.)

$0.20

Minimum Average Balance to Avoid Monthly Service Fee

N/A


APY (Annual Percentage Yield)

0.30% - 1.81%(Verified 08/13/2024)

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Carolinas Telco FCU Business Platinum Checking Review

Carolinas Telco FCU Business Platinum Checking is offered by Carolinas Telco Federal Credit Union, a credit union founded in 1934 and based in Charlotte, NC. Carolinas Telco FCU Business Platinum Checking is available in 50 states, 5 US territories, and Washington, DC.

Key Takeaways

  • Up to 1.81% annual percentage yield (APY). This account offers an annual percentage yield of up to 1.81%, which is much higher than the average for the checking accounts that we track However, you must keep a minimum balance of $100.
  • Charges a monthly fee. This account charges a monthly fee of $15.
  • $100 minimum opening deposit. This is a typical minimum initial deposit.
  • No ATM fees. Carolinas Telco FCU Business Platinum Checking does not charge fees on ATM transactions within its network but there is a fee of $0.20 for out-of-network ATM transactions .
  • Bill pay. Pay your bills to practically anyone in the United States when you enroll in Carolinas Telco Federal Credit Union mobile or online banking.

Carolinas Telco FCU Business Platinum Checking Pros & Cons

Carolinas Telco FCU Business Platinum Checking FAQ

Are business checking accounts from Carolinas Telco Federal Credit Union federally insured?

Yes, your business checking accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What APY does Carolinas Telco FCU Business Platinum Checking offer?

Carolinas Telco FCU Business Platinum Checking offers an APY starting at 0.30% and ranging up to 1.81% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $100.

What are the account minimums for Carolinas Telco FCU Business Platinum Checking?

Carolinas Telco FCU Business Platinum Checking requires a minimum initial deposit of $100 to open an account.

What fees does Carolinas Telco FCU Business Platinum Checking charge?

This account charges a monthly maintenance fee of $15.

What features and perks does Carolinas Telco FCU Business Platinum Checking offer?

This account includes the following features:
  • Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Carolinas Telco FCU Business Platinum Checking allows you to manage your money online.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

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Contact

Headquarters

3921 Tuckaseegee Rd
Charlotte, NC 28208
Visit Site

Hours of Operation

Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed

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