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Members First Community Credit Union Business Checking Accounts

in Business Checking Accounts from Members First Community Credit Union · ncua

Unaffiliated

Members First Community Credit Union Business Checking Accounts

Unaffiliated

in Business Checking Accounts from Members First Community Credit Union · Insured by NCUA

Not enough votes for recommendation

Highlights
Monthly Fee	N/A
ATM Fee: Out-of-Network	N/A
Minimum Balance to Avoid Monthly Fee	N/A
APY (Annual Percentage Yield)	0.1%

Members First Community Credit Union Business Checking Accounts Review

Members First Community Credit Union Business Checking Accounts is offered by Members First Community Credit Union, a credit union founded in 1954 and based in Quincy, IL. Members First Community Credit Union Business Checking Accounts is available in 1 state across the USA.

Key Takeaways

Higher than average APY. Members First Community Credit Union Business Checking Accounts has an annual percentage yield of up to 0.1%, which is higher than the national average interest rate on savings accounts. Note that you must keep a minimum balance of $2500.
Bill pay. Pay your bills to practically anyone in the United States through Members First Community Credit Union.

Members First Community Credit Union Business Checking Accounts Pros & Cons

Pros	Cons
Dividend-yielding account Insured by NCUA. Access to physical branches. No charge on incoming domestic or international wire transfers.	No signup bonus. Does not provide access to a nationwide ATM network. Does not come with a debit card Not FDIC-insured. Only available in one state.

Members First Community Credit Union Business Checking Accounts FAQ

Are business checking accounts from Members First Community Credit Union federally insured?

Yes, your Members First Community 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 First Community Credit Union Business Checking Accounts offer?

Members First Community Credit Union Business Checking Accounts Rates & Terms
Description
APY (Annual Percentage Yield)	0.1%

Members First Community Credit Union Business Checking Accounts offers an APY of 0.1% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2500.

What are the account minimums for Members First Community Credit Union Business Checking Accounts?

Members First Community Credit Union Business Checking Accounts Account Minimums
Description	Amount
Minimum Initial Deposit	$
APY Minimum Balance	$2,500

What fees does Members First Community Credit Union Business Checking Accounts charge?

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

Members First Community Credit Union Business Checking Accounts Fees
Description
Online Bill Pay Fee	$0
Stop Payment Fee	$15

What features and perks does Members First Community Credit Union Business Checking Accounts offer?

This account includes the following features:

Fraud monitoring - Members First Community Credit Union Business Checking Accounts 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 First Community Credit Union Business Checking Accounts allows you to manage your money online. This includes depositing checks in your account with your smartphone.

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