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Business Checking Accounts
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Last Updated: 04/18/2025

HFCU Platinum Business Checking Account

in Business Checking Accounts from Houston Federal Credit Union

Last Updated: 04/18/2025

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Monthly Service Fee

$0 - $10(Verified 03/19/2025)

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

N/A


Minimum Average Balance to Avoid Monthly Service Fee

Starting at $5,000

APY (Annual Percentage Yield)

0.03%(Verified 06/21/2024)

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HFCU Platinum Business Checking Account Review

HFCU Platinum Business Checking Account is offered by Houston Federal Credit Union, a credit union founded in 1960 and based in Sugar Land, TX. HFCU Business is available in 50 states and Washington, DC.

Key Takeaways

  • Low annual percentage yield (APY). The maximum annual percentage yield for this account is only 0.03% .
  • $0 monthly account fees available. This account charges a monthly fee of up to $10, but the fee may be waived if you keep a minimum balance of$5,000.
  • $100 minimum opening deposit. This is a typical minimum initial deposit.
  • No ATM fees. HFCU Platinum Business Checking Account does not charge fees on ATM transactions .
  • Bill pay. Pay your bills to practically anyone in the United States when you enroll in Houston Federal Credit Union mobile or online banking.

HFCU Platinum Business Checking Account Pros & Cons

HFCU Platinum Business Checking Account FAQ

Are business checking accounts from houston 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 HFCU Platinum Business Checking Account offer?

HFCU Platinum Business Checking Account offers an APY of 0.03% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $5000.

What are the account minimums for HFCU Platinum Business Checking Account?

HFCU Platinum Business Checking Account requires a minimum initial deposit of $100 to open an account.

What fees does HFCU Platinum Business Checking Account charge?

The good news is that this account does not have a monthly service charge.

What features and perks does HFCU Platinum Business 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 - HFCU Platinum Business Checking Account allows you to manage your money online.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters

16320 Kensington Dr
Sugar Land, TX 77479
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
8:00AM - 2:00PM

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