This is not required for sole proprietorships.
Open business checking account online navy federal.
1 as of 5 1 20 rates range from 9 15 apr to 18 apr are based on creditworthiness and will vary with the market based on the wall street journal prime rate.
1 up to 20 00 in atm fee rebates per statement period.
Fees may reduce earnings.
Atm cash advance fees.
Your account comes with a navy federal debit card the combination debit and atm card that s accepted worldwide at millions of locations.
5 for flagship checking no monthly service.
15 if you don t maintain a minimum balance of 1 500 or link your total business checking account to a chase private client checking or chase premier platinum checking account.
Direct deposit required to receive atm fee rebates for flagship checking.
Offering rates may change.
To open a navy federal business checking account you ll need to have business membership of the credit union.
1 non electronic transactions are defined as checks processed and in branch transfers deposits and withdrawals.
For many small businesses a critical step is opening a business checking and savings account.
Open a checking account online.
Think of these accounts as essential tools to help your small business grow and thrive.
3 monthly service fee waived if average daily balance is 5 000 or more.
Each transaction thereafter will cost 25 cents.
4 up to 10 in atm fee rebates per statement period.
You ll receive your starter checks in 7 to 10 business days.
3 up to 10 per statement period.
A 5 minimum business membership savings account must be opened to establish a navy federal business membership in the business entity s legal name.
2 members with free active duty checking accounts will receive their direct deposit of net pay ddnp one business day early.
Business checking and savings.
None if performed at a navy federal branch or atm.
2 rates on variable rate accounts could change after account opening.
Up to 12 checks for deposit at a branch will count as one transaction.
Building blocks for your business.
Business checking accounts include the first 30 transactions for free.
Choose the right checking account for me.
Navy federal credit union business checking and accounts provide essential financial building blocks for your business.
This means that you ll first need to be an individual member with an account in good standing.
A business bank account helps you stay legally compliant and protected.
12 if you fail to maintain a 1 500 balance but opt for electronic statements transaction fee.
First 100 free then 40 cents per transaction.
Open a business account when you re ready to start accepting or spending money as your business.
For business membership eligibility all owner s of the business must have an existing individual membership with navy federal.
Otherwise 0 50 per domestic transaction or 1 00 per foreign transaction.
