Business Checking

ETFCU offers three business checking accounts to meet the needs of any business.

Evansville Teachers Federal Credit Union offers a variety of checking accounts to meet the specific needs of both large and small businesses and organizations. Each account type offers free online banking and bill pay.

We began offering the business checking account types below in March 2012. If you have an existing business checking account established before that date, you may continue to use it or convert it to one of our newer options under your current member number.

TypesBusiness Economy CheckingBusiness Dividend CheckingBusiness Advantage Checking
Minimum to open$50$100$500
Minimum balance$0$0$0
Complimentary transactions200*100*500*
Monthly fee$0$10$15
Minimum balance to avoid fee$0$5,000 average monthly balance$15,000 average monthly balance
Earns dividendsNoYes**No
Excess transaction fee$0.35 per item$0.35 per item$0.35
Electronic ServicesFreeFreeFree
Debit CardsFreeFreeFree
Business Visa®AvailableAvailableAvailable

*Transactions include checks paid, withdrawals, deposits, deposited items, and electronic (ACH or POS) debits and credits. Transactions in excess of the free amount are subject to a fee of $.35 per item.

**The checking account will be credited all dividends earned during the statement period. See the rate sheet for dividend rates and calculations. Dividends are computed on the daily balance and paid monthly for those days in which the minimum balance is on deposit. Fees may reduce earnings.

ETFCU verifies the past checking history of applicants with ChexSystems, a national consumer reporting network. Information obtained from the report could result in checking account denial. Federally Insured by the National Credit Union Administration. This information is current as of 3/14 and may change after that date.

Our business and organization checking account fee schedule is available here.