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Sally V.(Makeup Artist), Rochelle R. (Actress), and James F. (Filmmaker)

Business Checking

Fuel Success

Improve your bottom line.

Give your business an edge.

Simplify your cash management with our Business Essential and Advantage checking accounts.

Open an account for your L.A. County business.

Enjoy all the benefits of your business membership, including convenient banking services.

Business Essential Checking

Designed for smaller businesses with a limited amount of transactions per month.

  • Seamless Integration with Quicken® and Quickbooks®
  • Minimum Opening Deposit of $100
  • 150 Transactions Allowed Per Month: Deposits, Deposited Items, and Drafts (Checks)
  • 50 ACH Transactions Allowed Per Month (Credits and Debits)
  • $7,500 Monthly Allowance for Cash Deposits
  • Monthly Service Charge of $16 is Waived with a Minimum Average Daily Balance of $1,000

Business Advantage Checking

Designed for a business with a higher amount of transactions per month.

  • Seamless integration with Quicken® and Quickbooks®
  • Minimum Opening Deposit of $500
  • 300 Transactions Allowed Per Month: Deposited Items, and Drafts (Checks)
  • 100 ACH Transactions Allowed Per Month (Credits and Debits)
  • $10,000 Monthly Allowance for Cash Deposits
  • Monthly Service Charge of $22 is waived with a Minimum Average Daily Balance of $5,000

Get today’s best rate.

Business Checking

Account Type

Minimum Opening Balance

Minimum to Earn APY

APY*

*APY = Annual Percentage Yield. APY is based on the assumption that dividends remain on deposit for the entire dividend period.

Account Type

Business Essentials Checking

Minimum Opening Balance

$100.00

Minimum to Earn APY

n/a

APY*

n/a

Account Type

Business Advantage Checking

Minimum Opening Balance

$500.00

Minimum to Earn APY

n/a

APY*

n/a

Business Term Savings Certificates

Term

$1,000 Minimum

$25,000 Minimum

$100,000 Minimum

* Annual Percentage Yield: APY is based on the assumption that dividends remain on deposit for the entire dividend period.

** APY=Annual Percentage Yield. Rate and term valid as of June 10, 2024, for a 13-month Term Savings Certificate only. New 13-month Term Savings Certificate minimum balance required of $2,500 or more to earn 5.10% APY. The maximum total deposit amount for a 13-month Term Savings Certificate is $5,000,000.00 per member. New and existing funds qualify for this offer. After the account is opened, additional deposits to the account are not permitted. Dividends accrue daily and are paid monthly and at maturity, but penalties for early withdrawal may apply. At the end of the promotional 13-month term, funds will roll over to a standard non-promotional 12-month Term Savings Certificate at the then current rate. See the Term Savings (Certificate) Account Agreement and Disclosure for terms and conditions. Rate and offer are subject to change at any time without notice. Must be a member or qualify for membership to open a certificate.

Rates and yields listed above apply only to the dates listed above and are subject to change without notice. All accounts are insured up to at least $250,000 by the NCUA, a U.S. Government Agency.

Fees and penalties may reduce principal.

Term

6 Months

$1,000 Minimum

2.05% APY*

$25,000 Minimum

2.20% APY*

$100,000 Minimum

2.35% APY*

Term

1 Year

$1,000 Minimum

2.35% APY*

$25,000 Minimum

2.50%*

$100,000 Minimum

2.65% APY*

Term

Special 13 Month Promo

$1,000 Minimum

n/a

$25,000 Minimum

5.10% APY** ($2,500 minimum, new and existing funds)

$100,000 Minimum

5.10% APY** ($2,500 minimum, new and existing funds)

Term

2 Years

$1,000 Minimum

2.60% APY*

$25,000 Minimum

2.75% APY*

$100,000 Minimum

2.90% APY*

Term

3 Years

$1,000 Minimum

2.85% APY*

$25,000 Minimum

3.00% APY*

$100,000 Minimum

3.15% APY*

Term

4 Years

$1,000 Minimum

3.10% APY*

$25,000 Minimum

3.25% APY*

$100,000 Minimum

3.40% APY*

Term

5 Years

$1,000 Minimum

3.35% APY*

$25,000 Minimum

3.50% APY*

$100,000 Minimum

3.65% APY*

Open a Business Checking Account today.

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Disclosures

Terms and conditions apply. For completes, please refer to the Business Account Agreement & Disclosure (BAAD) or contact our Business Banking Team at BusinessBanking@firstent.org.