Last Updated: 04/18/2025
Cy-Fair Federal Credit Union Business Premier Checking Account
Unaffiliated
Last Updated: 04/18/2025
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Highlights
Monthly Service Fee
$20(Verified 03/19/2025)
ATM Fee: Out-of-Network (within the U.S.)
$2
Minimum Average Balance to Avoid Monthly Service Fee
$5,000
APY (Annual Percentage Yield)
0.05% - 0.15%(Verified 06/21/2024)
Cy-Fair Federal Credit Union Business Premier Checking Account Review
Cy-Fair Federal Credit Union Business Premier Checking Account is offered by Cy-Fair Federal Credit Union, a credit union founded in 1956 and based in Houston, TX. Cy-Fair Federal Credit Union Business Premier Checking Account is available in 50 states and Washington, DC.
Key Takeaways
- Higher than average APY. Cy-Fair Federal Credit Union Business Premier Checking Account has an annual percentage yield of up to 0.15% (depending on balance), which is higher than the national average interest rate on savings accounts.
- Waivable monthly maintenance fee. * Monthly Service Fee $20 per month charge. * If balance falls below $5,000 the account will incur a $5 per month charge.
- $1,000.00 minimum opening deposit. This is a typical minimum initial deposit.
- No ATM fees. Cy-Fair Federal Credit Union Business Premier Checking Account does not charge fees on ATM transactions within its network but there is a fee of $2.00 for out-of-network ATM transactions .
- Bill pay. Pay your bills to practically anyone in the United States when you enroll in Cy-Fair Federal Credit Union mobile or online banking.
Cy-Fair Federal Credit Union Business Premier Checking Account Pros & Cons
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Cy-Fair Federal Credit Union Business Premier Checking Account FAQ
Are business checking accounts from Cy-Fair 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 Cy-Fair Federal Credit Union Business Premier Checking Account offer?
Cy-Fair Federal Credit Union Business Premier Checking Account offers an APY starting at 0.05% and ranging up to 0.15% (APY stands for annual percentage yield, rates may change).
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.05% - 0.15% |
What are the account minimums for Cy-Fair Federal Credit Union Business Premier Checking Account?
Cy-Fair Federal Credit Union Business Premier Checking Account requires a minimum initial deposit of $1,000.00 to open an account.
| Description | Amount |
| Minimum Initial Deposit | $1000.00 |
| Minimum Balance to Avoid Monthly Fee | $5,000.00 |
What fees does Cy-Fair Federal Credit Union Business Premier Checking Account charge?
This account charges a monthly maintenance fee of $20.00.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $20.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Paper Statement Fee | Starting at $2.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ATM Fee: In-Network | Starting at $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ATM Fee: Out-of-Network (within the U.S.) | $2.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSF Fee | $29.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Overdraft Item Fee | Starting at $29.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Returned Deposit Fee (Domestic) | Starting at $29.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Card Replacement Fee (Standard Delivery) | Starting at $6.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Online Bill Pay Fee | Starting at $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stop Payment Fee | Starting at $29.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Check Copy | $3.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wire Transfer Fee - US Domestic (Outgoing) | Starting at $20.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wire Transfer Fee - International (Outgoing) | Starting at $40.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wire Transfer Fee - International (Incoming) | Starting at $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Wire Transfer Fee - US Domestic (Incoming) | Starting at $0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Returned Deposited Check | $29.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What features and perks does Cy-Fair Federal Credit Union Business Premier Checking Account offer?
This account includes the following features:
- Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
- Mobile Banking Services - Cy-Fair Federal Credit Union Business Premier Checking Account allows you to manage your money online. This includes depositing checks in your account with your smartphone.
- Nationwide ATM network - Conveniently transact at a nearby ATM.
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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
9:00AM - 1:00PM