Members 1st Credit Union Business Checking is offered by Members 1st Credit Union,
a credit union
founded in 1936 and based in Redding, CA.
Members 1st Credit Union Business Checking is available in
1 state across the USA.
0% APY. As with most checking accounts, Members 1st Credit Union Business Checking does not pay interest.
Charges a monthly fee. This account charges a monthly service fee of $5, but the fee is waived if you keep a minimum balance of $2,500.
No ATM fees. Members 1st Credit Union Business Checking does not charge fees on ATM transactions.
Bill pay. Pay your bills to practically anyone in the United States through Members 1st Credit Union.
Members 1st Credit Union Business Checking Pros & Cons
Insured by NCUA.
Access to physical branches.
Free debit card and the option to lock/unlock the card if lost or stolen
No signup bonus.
Does not earn interest
Only available in one state.
Higher than average wire transfer fees.
Monthly service charge.
Members 1st Credit Union Business Checking FAQ
Are business checking accounts from Members 1st Credit Union federally insured?
Yes, your Members 1st Credit Union 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 Members 1st Credit Union Business Checking offer?
Members 1st Credit Union Business Checking is not an interest-bearing account.
What are the account minimums for Members 1st Credit Union Business Checking?
Members 1st Credit Union Business Checking requires a minimum initial deposit of $25 to open an account.
Members 1st Credit Union Business Checking Account Minimums
Minimum Initial Deposit
Minimum Balance to Avoid Monthly Fee
What fees does Members 1st Credit Union Business Checking charge?
This account charges a monthly maintenance fee of $5.
Members 1st Credit Union Business Checking Fees
ATM Fee: In-Network
ATM Fee: Out-of-Network
Starting at $0
Check Cashing Fee
Debit Card Replacement Fee
Early Account Closure
Online Bill Pay Fee
Paper Statement Fee
Returned Deposit Fee (Domestic)
Returned Deposit Fee (International)
Stop Payment Fee
Wire Transfer Fee - Domestic (Incoming)
Wire Transfer Fee - Domestic (Outgoing)
Wire Transfer Fee - International (Incoming)
Wire Transfer Fee - International (Outgoing)
What features and perks does Members 1st Credit Union Business Checking offer?
This account includes the following features:
Fraud monitoring - Members 1st Credit Union Business Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
Mobile Banking Services - Members 1st Credit Union Business Checking 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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