Business Accounts in Vermont | New England Federal Credit Union

This Is How We Do Business Checking

Unlimited Check Writing
Debit Card Access
Owner-Controlled Online Access for Staff

Real-time Alerts and Reminders
Mobile Deposits
Dividends on Balances Over $500

Business Share Draft Checking

A Business Checking account at NEFCU is the core of your organization’s cash management.

Count on NEFCU for all the business services that you expect, plus easy access, competitive fees, and expert guidance. Direct deposit, BillPay, automated and manual transfers, ATM access… you name it!

You know your business. We know banking. Let’s work together!

Check Our Business Pricing Schedule

ATM Access for Business Deposit Accounts

Global ATM access
Unlimited access to NEFCU ATMs
Surcharge-free access at Falcon, SUM and CO-OP Network ATMs
Four free non-NEFCU ATM transactions per account per month

Global Visa ATM Locator

Find an ATM near you, wherever you are in the world.

Filter by 24-hour access, wheelchair accessible, balance inquiry, braille & audio support, deposits, and more.

Search for Visa ATM

Where to Put Your Cash

When cash in is greater than out, you might want to move your extra funds into a NEFCU Power money market account or a savings account.

Power Account (Money Market)

Start your Power Account with $1,000 or more and earn money market rates when your balance stays at least $1,000. Dividends are compounded and paid monthly. You can direct deposit to your Power Account. This account has no monthly fee.

Power Account Rates

Table data for Business Plus Power Account
03-30-2023
	Minimum to Open & Earn Annual Percentage Yield	Dividend Rate	Annual Percentage Yield ¹
Average Balance of $1,000 - $49,999	$1,000	1.15%	1.16% ²

Average Balance of $50,000 - $99,999	$1,000	1.50%	1.51% ²

Average Balance $100,000 - $249,000	$1,000	1.50%	1.51%

Average Balance of $250,000 - $499,000	$1,000	1.75%	1.76%

Average Balance $500,000 and above	$1,000	1.75%	1.76%

Savings Account

Start it off with $5.00 or more and your entire balance will earn dividends. Need to move money out? It's easy to transfer funds to your checking account when NEFCUOnline is standing by 24/7. You can also visit a branch to do a transfer.

Savings Account Rates

Table data for Savings
03-30-2023
	Minimum to Open & Earn APY	Dividend Rate	APY ³
Savings Account	$5	.20%	.20%

Learn About NCUA Deposit Insurance

For full business account pricing information, please see the Business Pricing Schedule, or speak to any Member Service Representative.

Your deposits are federally insured up to $250,000 by the National Credit Union Administration For additional information, please see details and restrictions.

Disclosures

¹ Rates are subject to change after account opening.

² A minimum average daily balance of $1,000 must be maintained in your account each day to obtain the disclosed APY.

³ APY: Annual Percentage Yield. Interest is compounded monthly. Fees may reduce earnings. Rates are subject to change after account opening.

NEFCU Online

Business Deposits