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  Members First Credit Union Texas Business Accounts
Members First Credit Union Texas Business Accounts
in Business Checking Accounts from Members First Credit Union - Texas · Insured by NCUA
Unaffiliated

Members First Credit Union Texas Business Accounts

Unaffiliated
in Business Checking Accounts from Members First Credit Union - Texas · Insured by NCUA
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Highlights
Monthly Fee $0
ATM Fee: Out-of-Network Starting at $0
Minimum Balance to Avoid Monthly Fee Starting at $0
APY (Annual Percentage Yield) 0%

Members First Credit Union Texas Business Accounts Review

Members First Credit Union Texas Business Accounts is offered by Members First Credit Union - Texas, a credit union founded in 1938 and based in Corpus Christi, TX. Members First Credit Union Texas Business Accounts is available in 1 state across the USA.

Key Takeaways

  • 0% APY. As with most checking accounts, Members First Credit Union Texas Business Accounts does not pay interest.
  • $0 monthly fee. This account does not charge a monthly Service Charge.
  • No ATM fees. Members First Credit Union Texas Business Accounts does not charge fees on ATM transactions.

Members First Credit Union Texas Business Accounts Pros & Cons

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.

Members First Credit Union Texas Business Accounts FAQ

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

Yes, your Members First Credit Union - Texas 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 Credit Union Texas Business Accounts offer?

Members First Credit Union Texas Business Accounts is not an interest-bearing account.

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

Members First Credit Union Texas Business Accounts Account Minimums
Description Amount
Minimum Initial Deposit $

What fees does Members First Credit Union Texas Business Accounts charge?

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

Members First Credit Union Texas Business Accounts Fees
Description
ATM Fee: In-Network $0
ATM Fee: Out-of-Network Starting at $0
Check Cashing Fee $3
Check Copy $3
Debit Card Replacement Fee $5
Early Account Closure $15
Monthly Fee $0
NSF Fee $25
Online Bill Pay Fee $4.95
Overdraft Item Fee $25
Overdraft Protection Fee (per transfer) $2
Paper Statement Fee $2
Returned Deposit Fee (Domestic) $2
Stop Payment Fee $25
Wire Transfer Fee - Domestic (Outgoing) $15
Wire Transfer Fee - International (Outgoing) $35

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

This account includes the following features:

  • Fraud monitoring - Members First Credit Union Texas Business 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.
  • Mobile Banking Services - Members First Credit Union Texas Business Accounts 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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Message From Members First Credit Union - Texas

At Members First we offer Business Accounts that have no unnecessary fees! As a business account holder, you will have no monthly maintenance fees, no per check deposit fees, and no withdrawal fees! Check around and you'll see Members First is one of the only financial institutions that offer FREE business accounts. You can also pair your Business Checking with free CU Online & E-Statements, free Visa Check Cards and now Business Bill Pay!  Below are the different types of business, church, or organization accounts that we open and the items you will need to bring with you when opening one of these accounts.

Availability

  Available in 1 state
Texas
Availabile in all of Texas

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $0
Minimum Balance to Earn APY $0
ATM Fee: In-Network $0
ATM Fee: Out-of-Network Starting at $0
Check Cashing Fee $3
Check Copy $3
Debit Card Replacement Fee $5
Early Account Closure $15
Monthly Fee $0
NSF Fee $25
Online Bill Pay Fee $4.95
Overdraft Item Fee $25
Overdraft Protection Fee (per transfer) $2
Paper Statement Fee $2
Returned Deposit Fee (Domestic) $2
Stop Payment Fee $25
Wire Transfer Fee - Domestic (Outgoing) $15
Wire Transfer Fee - International (Outgoing) $35
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Recent Pay Stubs
  • Proof of Income
  • Proof of Identity
  • Business Formation Documents
  • Government Issued Photo ID
  • Social Security Number
  • Employer Identification Number
Account Features
  • No ATM Fees
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Nationwide ATM Network
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card Lock/Unlock
  • Fraud Protection
  • Debit Card
  • Insured by NCUA
  • Branch Access
APY (Annual Percentage Yield) 0%

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