Our Business Checking Accounts are designed for the way you manage your cash flow. No matter your business size or volume of checking activity, we have an account that is right for you.
Which Business Checking Account is right for you?
Account Type
Good For
businesses with low to moderate activity
businesses with more active checking need
businesses with heavy transaction activity or use of a broad range of our services
businesses who want to scan and deposit checks from the convenience of their office
Opening Deposit
$200
$200
$200
Dividends
earned on balances
> $50,000
Monthly Paid Items
150
300
300
Monthly Deposits
20
30
30
Monthly Maintenance Fee
$5
waived with an average daily balance of $1,000 or enrollment in eStatements
$15
waived with an average daily balance of $2,500
$18
can be offset with earnings credits
$35
waived with an average daily balance of $50,000
Processing Fee for items above monthly limit
$0.25 per item
$0.25 per item
$0.25 per item
Overdraft Protection
Fee for deposits above the monthly limit
$1
$1
$1
Visa® Business Debit Card
ATM
Digital Banking
Opening a Business Account
Please review the and our helpful resources to get started. To open an account or to schedule an appointment, please contact our Business Banking Department at (800) 293-6494 or you may visit any one of our branches across Southern California.
Important Notice About Procedures for Opening an Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies all business entities and each person who is an authorized signer on an account. What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
Business Visa® Debit Card
Easily make business purchases. More convenient than cash or checks.
- No finance charges or annual fees
- A debit card can be issued for each account signer
- Make withdrawals, transfers and balance inquiries at millions of ATMs worldwide
- Make deposits at designated credit union and 85,000+ CO-OP® network ATMs worldwide
- Pay for purchases and services wherever ATM or debit cards are accepted
- Can be added to your Digital Wallet
For more information or to request a debit card, please contact our Business Banking Department at (800) 293-6494 or you may visit any branch.
Visa® Click to Pay
We’ve partnered with Visa® Click to Pay to make your online purchases simple, fast and secure.
Spotlight: Analyzed Business Checking, with Sweep and Zero Balance Accounts
Put your money to work and maximize your savings
For the business with higher account balances, the Analyzed Business Checking Account can offer a great value. With qualifying balances each month, your business can receive an earnings credit to cover some or all fees for services used during each statement cycle, such as cash deposits, check writing, ACH and wire transfers, stop payments and more. This account has no minimum balance requirement.
Our Analyzed Business Checking Account offers integrated monthly activity analysis. Earn dividends for funds not in use and maximize your use of funds with Sweep Accounts and Zero Balance Accounts.
Use this worksheet to see if Analyzed Business Checking is a good option for your business.
Sweep Accounts
Put your excess cash to work earning dividends while avoiding overdraft charges.
- Get increased returns and earn higher dividends with automatic investment of idle account balances into a Sweep Account
- Keep funds liquid
- Save time
- No per-transfer charges
- Easy setup - establish a target minimum checking balance to avoid fees
- Learn how a Sweep Account works
Zero Balance Accounts (ZBAs)
Maximize your use of funds and increase your account control.
- Separate statements for easy account management
- Maintain greater disbursement control and flexibility
- A convenient way to enhance your cash flow
- Learn how a Zero Balance Account (ZBA) works
Frequently Asked Questions
Yes, opening a business checking account at a credit union is an excellent choice for most business owners. Here are some of the benefits of a credit union business account:
- Lower fees and better rates: Credit union business checking accounts typically offer lower monthly maintenance and transaction fees than traditional banks. Many also provide higher dividend rates on your deposits, helping your money work harder for your business.
- Personalized service: Credit unions focus on offering members personalized attention and services to build a strong community.
- Additional business resources: Many credit unions provide valuable extras like financial counseling and resources for small businesses and entrepreneurs. They often offer educational resources and tips for small business success to help you manage and grow your company effectively.
- Community focus: Credit unions are member-owned institutions that prioritize community development. This means they’re often more willing to work with local businesses and can provide more flexible solutions when you need to grow or adapt your business. Their commitment to the local economy often translates into more supportive banking relationships.
- Digital banking capabilities: Modern credit unions offer sophisticated online and mobile banking platforms comparable to large banks. These digital tools help streamline your business operations with features like mobile check deposits, online wire transfers and integrated accounting software connections.
Using a personal checking account for your LLC is not recommended and could create serious problems for your business. When you mix personal and business finances, you could potentially lose the liability protection that an LLC gives you. This could make you personally responsible for business debts or legal issues.
Additionally, combined accounts make it harder to track business expenses, complicate tax preparation and may raise red flags with the IRS.
Ready to get started? Open a business checking account with California Credit Union today.
Before starting your application for a credit union business checking account, gather all necessary documentation to ensure a smooth process. Here’s what you’ll need to open a business checking account:
- Business documentation: You must provide your business formation documents, EIN (Employer Identification Number) and any relevant business licenses or permits. These prove your business’s legal existence and operating authority. You can find more information on the required documents to open a business account here.
- Personal identification: Bring a government-issued photo ID, your Social Security number and proof of address.
- Financial information: Prepare your initial deposit amount and any financial statements the credit union might require. Using a starting a business calculator can help determine your starting balance needs.
- Additional business records: Bring recent bank statements if you’re switching from another financial institution and any relevant financial projections or business plans. These documents can help the credit union better understand your business’s financial health and banking needs.
Tools & Resources to help make your day-to-day more manageable.
Business Digital Banking
Access all of your financial tools for your business wherever you are, 24/7.
We’re here to take your financial confidence to the next level.
Dive into our Learn Center to explore various financial topics or to learn a little more about our practices.
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Banking Basics
3 Benefits of a Credit Union
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Banking Basics
Debit Card Security Tips
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Banking Basics
Revitalize Your Business Routine
Terms and Conditions
All ATMs in the CO-OP and Allpoint networks are fee-free to members. CO-OP and Allpoint are worldwide networks of over 85,000 surcharge-free ATMs owned by credit unions, as well as participating retailers and 7-Eleven® store ATMs. Based on the level of activity on your account, we reserve the right to convert your account to another type of checking. We will give you 30 days’ notice if we elect to convert your account. Programs (including but not limited to fees, rates, and features) are subject to change without notice. After the account is opened, dividend rate and APY may change at California Credit Union’s discretion. Fees may reduce earnings.
