Business Checking
For businesses with low monthly transaction volume
- No fees for the first 125 transactions
- No minimum balance required
- Business Premium Overdraft Protection–must qualify; some restrictions apply
- Business Cash Back loyalty reward--our way of thanking you for choosing us
Business Interest Checking Plus
Interest-bearing business checking account
- No fees for the first 250 transactions
- Minimum balance required to avoid monthly fee
- Business Premium Overdraft Protection–must qualify; some restrictions apply
- Business Cash Back loyalty reward--our way of thanking you for choosing us
Non-Profit Checking
If your organization is a qualifying non-profit entity, this account might be the perfect fit for you. Enjoy the freedom of unlimited check writing without maintenance fees. Our goal is to help your non-profit organization grow and prosper.
- Minimum to open $500
- Unlimited check writing
- No per item charges
Note: our business products could also pay Cash Back to qualified members each January.
Cash Back is one-half percent (0.50%) of your average yearly business loan and deposit balances. Example: For every $100,000 in average yearly business loan and deposit balances, receive $500 in Cash Back (up to a maximum of $10,000).
How to Open a Business Deposit Account
Special Services for Business Checking Accounts
Business debit Mastercard®
- Fast secure banking tool to access funds from your DFCU business accounts
- Save potential ATM fees and use your Business debit card to receive cash at merchants instead of making an extra trip to an ATM
- Fee-free ATM deposits/withdrawals at DFCU Financial ATMs or at more than 1,700 fee-free ATMs in Michigan, and nearly 30,000 nationwide, via the CO-OP ATM Network.
- Business debit Mastercard® Guide to Benefits
Business Premium Overdraft Protection (BPOD)
- Available to qualified businesses for the rare occasion when funds run short
- BPOD allows select businesses to overdraw a DFCU Business Checking account by up to $500, or DFCU Business Checking Plus account by up to $750; per item fees apply
- For business checking accounts and/or a debit card transactions that require more funds than are available, BPOD saves you from merchant fees on returned items and the hassle of returned checks
- BPOD doesn't replace overdraft coverage on draw accounts but is accessed only if accounts do not have funds available to cover a transaction
- Business signers may opt out of BPOD at any time by visiting a DFCU branch
| Tier |
APY1 |
| $0 to $2,499 |
0.01% |
| $2,500 to $9,999 |
0.01% |
| $10,000 to $24,999 |
0.01% |
| $25,000 to $49,999 |
0.01% |
| $50,000 to $74,999 |
0.02% |
| $75,000 to $99,999 |
0.02% |
| $100,000 and up |
0.02% |
Rates effective as of 9/28/2023
Note: Business deposit balances NCUA federally insured up to $250,000
1Dividends are paid from current income and available earnings, after required transfers to reserves have been made. These are prospective APYs (Annual Percentage Yields) and dividend rates expected to be paid. Dividend rates are determined by the principal balance when your certificate is opened. Dividend payments will not affect the dividend rate during the term even if the minimum balance for the next tier is met. All APY rates are based on $1,000 or minimum balance requirements, whichever is higher. Please refer to your statement for actual Annual Percentage Yield. All savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States government by the National Credit Union Administration, a US Government agency. Rates are subject to change without notice.