Business Checking
Open the MAFCU checking account that's right for you.

Manage your business finances your way with your choice of business checking accounts from Mid-Atlantic Federal Credit Union (MAFCU). Designed to meet the needs of Montgomery County businesses, at MAFCU, you're sure to find the checking account that works for your business-and the bottom line.

  • Business Checking - Offers a full suite of features to make managing your business finances hassle-free. This easy-to-use, non-interest bearing account is designed for businesses with low transaction volume per cycle.
  • Commercial Checking - Provides your thriving business with flexibility and a broad array of resources to meet your financial demands.  Designed for businesses with moderate to high transaction volume, this account offers an attractive earnings credit allowance to offset service charges.
Name Deposit to Open
Business Checking $100.00
Commercial Checking $100.00
  • Business Checking

    Managing a business in Montgomery County, Maryland can be tough. Managing your business banking should not be. That is why MAFCU offers Business Checking. A full suite of features to make managing your business finances hassle-free. This easy-to-use, non-interest bearing account is designed for businesses with low transaction volume per statement cycle.

    • Minimum opening deposit of $100
    • Free Business Visa® Check Card
    • Free Online Banking
    • Enhanced BIll Pay Solution
    • Access to Over 75,000 Free ATMs Nationwide
    • Free Business Visa® Credit Card
    • Free First Order of Duplicate Wallet Paper Checks
    • Free Mobile Deposit
    • $500 minimum average daily balance to avoid the $15 fall below minimum monthly fee
    • Includes 200 items paid and/or deposited per month, $0.30 per-item fee thereafter
    • $5,000 Monthly Cash Deposit Limit with a $0.12 fee per $100 thereafter
  • Commercial Checking

    If your business has a higher monthly transaction activity, MAFCU Commercial Checking could be the best choice for you. This account features:

    • Minimum opening deposit of $100
    • Monthly Maintenance Fee of $20
    • Earnings Credit Allowance **
    • Free Business Visa® Check Card
    • Free Online Corporate Banking
    • Enhanced BIll Pay Solution
    • Access to Over 75,000 Free ATMs Nationwide
    • Free Business Visa® Credit Card
    • Free First Order of Checks up to a $75 Value
    • Includes 500 items paid and/or deposited per month, $0.25 per-item fee thereafter
    • $35,000 Monthly Cash Deposit Limit with a $0.12 fee per $100 thereafter.
    • Remote Deposit Capture (RDC) Services Available
    • Merchant Services Available
    • Automated Clearing House (ACH) Services Available

    ** Earnings Credit Calculation: The earnings credit is derived by taking the average collected balance times the number of days in the month times the earnings credit rate divided by the number of days in the year, minus the average uncollected balance times the number of days in the month times the uncollected funds rate divided by the number of days in the year, minus any monthly fees. The earnings credit rate is based on the WOW checking account rate plus .10%. The uncollected funds rate is based on CitiGroup Prime + 2% as listed in the Wall Street journal as of the 25th of the preceding month. If the calculation result is negative, it will be posted as a fee and deducted from your account on the first day of the following month.