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Business
CheckingThe Hardest Worker Your
Business Will Have
Owning a small business is the ultimate full-time job, and no one sweats the details like an owner. When it comes to what’s most important for business checking, we know that convenience and affordability take the cake, but you also need to make your money grow as your business grows. That’s why we have two everyday business checking options: a basic Business Checking Account and a dividend-bearing High-Yield Business Checking Account.
Business Checking
If you’re looking for a cost-effective way to get all your business checking handled in one place, you’ll find it here. It’s a simple account that comes with a lot — direct deposit, Grow Online and Mobile Banking, Bill Pay, and a Grow Visa® debit card with added Visa benefits — all with no monthly service fee or minimum balance.
High-Yield Business Checking
If earning a little extra is on your to-do list, take advantage of our dividend-earning High Yield Business Checking Account. Unlike many other interest-bearing checking accounts out there, we give you the freedom to make withdrawals whenever you need to without transaction limits. So why have your extra cash sitting around when it could be working for you? View current rates.
If you’re looking for a cost-effective way to get all your business checking handled in one place, you’ll find it here. It’s a simple account that comes with a lot — direct deposit, Grow Online and Mobile Banking, Bill Pay, and a Grow Visa® debit card with added Visa benefits — all with no monthly service fee or minimum balance.
If earning a little extra is on your to-do list, take advantage of our dividend-earning High Yield Business Checking Account. Unlike many other interest-bearing checking accounts out there, we give you the freedom to make withdrawals whenever you need to without transaction limits. So why have your extra cash sitting around when it could be working for you? View current rates.
Business Checking Accounts Business Checking High-Yield Business Checking Monthly service fee $0 $0 if average daily balance is $10,000 or more
$15 if average daily balance is below $10,000Minimum balance $0 $0 Earns dividends No Yes, on $10,000 or more Online & mobile banking1 Yes Yes eStatements & alerts Yes Yes Access to 70,000 surcharge-free ATMs2 Yes Yes Daily deposits and withdrawals in-store or by night deposit Yes, up to $3,500 daily3 Yes, up to $3,500 daily3 Monthly service fee $0 Minimum balance $0 Earns dividends No Online & mobile banking1 Yes eStatements & alerts Yes Access to 70,000 surcharge-free ATMs2 Yes Daily deposits and withdrawals in-store or by night deposit Yes, up to $3,500 daily3 Monthly service fee $0 if average daily balance is $10,000 or more
$15 if average daily balance is below $10,000Minimum balance $0 Earns dividends Yes, on $10,000 or more Online & mobile banking1 Yes eStatements & alerts Yes Access to 70,000 surcharge-free ATMs2 Yes Daily deposits and withdrawals in-store or by night deposit Yes, up to $3,500 daily3 Monthly service fee Minimum balance Earns dividends Online & mobile banking1 eStatements & alerts Access to 70,000 surcharge-free ATMs2 Daily deposits and withdrawals in-store or by night deposit Open a Business Checking Account
When you’re ready to open an account, reach out to our Business Solutions team or stop by a Grow store near you.
Contact Our Business Team1Additional data charges may apply. Please see your wireless carrier for more information.
2There is no fee for transactions made at ATMs in the Grow Financial, CU24/CU HERE or CO-OP networks. Transactions from non-network ATMs will carry a $2.00 service charge, in addition to any fees charged by the operating institution.
3Refer to Business Fee Schedule for fees that may apply beyond the daily limit of $3,500.
Important Information About Procedures for Opening a New 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 each person who opens an account. What does this mean 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.
Accounts are subject to approval.
How to Find Your Routing & Account Numbers
When you make a payment online, by phone or on a mobile device, you may be asked for our routing number and your checking account number. Credit unions and banks use these numbers to identify accounts and make sure money gets where it’s supposed to be. You’ll also need to provide your routing and checking account numbers for:
- Direct deposits
- Electronic checks
- Military allotments
- Wire transfers
Where to Find Your Routing & Checking Account Numbers
Your personal checks include both our routing number and your account number, as shown on the Grow check example below.
Don’t have a Grow check? No worries.
Visit any Grow store and ask for a Direct Deposit Form. It lists both your routing number and checking account number.
Making a Loan Payment
When it comes to making payments, we try to make it as painless as possible to pay your loan every month. We have several different ways to pay, including convenient online options.
Pay Online
You have two ways to pay online by transferring funds from another bank or credit union.
- Grow Online Banking (Preferred payment method for any loan)
This is the simplest way to pay your loan. You can make one-time payments or set up automatic recurring payments in Grow Online Banking. Once you log in, select “Transfer/Payments” from the menu. If you’re not enrolled in Grow Online Banking yet, you can set up your account in just a few minutes.
Log In
- Debit Card or ACH (Available for auto, personal loans and HELOCs)
Note: ACH and debit card payments are not available for credit cards or most mortgages, except HELOCs.
We accept ACH payments with no additional fees or Mastercard® and Visa® debit cards with a convenience fee of $4.95. To get started with an online ACH or debit card payment, select Pay Now below.
Pay Now
Pay by Mail
You can also pay any Grow loan by check through the mail. Please remember to include your account number and Grow loan number on the check. (For credit card payments, please do not write your 16-digit credit card number on the check, which can cause a delay in processing the payment.)
Address for auto, credit card, personal loan and HELOC payments:
Grow Financial Federal Credit Union
P.O. Box 75466
Chicago, IL 60675-5466Address for personal first or second mortgages and home equity payments:
Grow Financial Federal Credit Union
P.O. Box 11733
Newark, NJ 07101-4733You Are About To Leave GrowFinancial.org
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