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Transit Employees Federal Credit Union

Business Checking

TEFCU can help you succeed financially...


by offering all of the small business financial services you need in a single package so you have more time to do what you do best, run your business.

Premier Business Checking Account


  • Monthly penalty fee of $8.95 if the balance falls below the minimum checking account balance.
  • Minimum checking account balance of $500.00.
  • Member must open a business savings account with the required $25.00. The savings account dividend rate will be the same dividend rate as our current share savings.
  • Overdraft protection is available for your Business Checking Account from your Business Savings Account*
  • Online Banking
  • Limit of 50 withdrawals per month (includes withdrawals from Checking, PTM, ATM and/or Visa debit cards). There will be a $1.00 charge per transaction after 50 withdrawals.

Elite Business Checking Account


  • Monthly penalty fee of $10.00 if the balance falls below the minimum checking account balance.
  • Minimum checking account balance of $2,500.00.
  • Member must open a business savings account with the required $25.00. The savings account dividend rate will be the same dividend rate as our current share savings.
  • Overdraft protection is available for your Business Checking Account from your Business Savings Account* 
  • Online Banking
  • Unlimited withdrawals
  • Monthly dividend rate
  • Complimentary business checks

* Restrictions may apply.