Cal State L.A. FCU offers two Checking options for businesses in our field of Membership:
Basic Business Checking
A low-cost option for businesses or organizations that expect to have a low volume of transactions, this account does not pay dividends. It features:
- Minimum to open: $100
- Minimum to avoid monthly fee: $1,000
- 50 free transactions per month
If the minimum balance is not met, the monthly fee is $8.00. After 50 transactions, the per transaction fee is 50 cents each.
Business InteresT Checking
A step up from our Basic Business Checking, this account is for businesses that maintain higher balances and have more transactions. It features:
- Minimum to open: $100
- Minimum to avoid monthly fee: $5,000
- Minimum to earn dividends: $10,000
- 100 free transactions per month
If the minimum balance is not met, the monthly fee is $15.00. After 100 transactions, the per transaction fee is 25 cents each. Please see the Fee Schedule for other costs.
Please see the Fee Schedule for other costs. All programs subject to change. A Business Savings account is required for membership.
To open a Business Checking account, please visit the Credit Union. Not sure what documents you will need to open a Business account? Please call 323-505-2600 x101.
