For Businesses

Whether you're working at your office, traveling cross-country, or paying company bills while on vacation, PSECU makes accessing your business accounts simple and secure.

Apply for a Business Account

Products and Services

We offer all the products and services you need for your business—right at your fingertips. Our approach also gives you 24/7 access to your business accounts.

A trio of smiling businesswomen

Pay bills and accept deposits with this cost-saving account. There’s no minimum required balance nor monthly check limits, and you pay no monthly service charge. Need the safety of no-fee Overdraft Protection Transfer Service? That’s included, too.

Rates and information are subject to change at any time. Fees could reduce earnings on the account(s). The disclosed dividend rates are variable and may change after the member opens the account(s). Business checking accounts require a minimum of $2,500 to earn the advertised Annual Percentage Yield (APY).

PSECU-Website-For-Business-Tab-2-Business-Savings-and-Certificates-1

Make your company’s excess funds work harder by earning dividends. You only need to maintain $500 in Business Savings or $2,500 in a Business Money Market account to earn advertised APY (Annual Percentage Yield). A low $5 minimum balance is required.

 

A smiling business owner holding a tablet device

Get paid faster. Set up your company to accept all major credit cards, as well as debit and ATM cards for customer payments through our partner, Newtek Business Services, Inc. Payment processing benefits include:  

  • Affordable point-of-sale equipment, including wireless and Internet-enabled terminals, as well as all-in-one terminals that support multiple applications
  • Increased cash flow and sales opportunities
  • Tracking and reports available directly from terminal
  • Apply here for instant merchant account approval

 

Get Started
  • A trio of smiling businesswomen

    Pay bills and accept deposits with this cost-saving account. There’s no minimum required balance nor monthly check limits, and you pay no monthly service charge. Need the safety of no-fee Overdraft Protection Transfer Service? That’s included, too.

    Rates and information are subject to change at any time. Fees could reduce earnings on the account(s). The disclosed dividend rates are variable and may change after the member opens the account(s). Business checking accounts require a minimum of $2,500 to earn the advertised Annual Percentage Yield (APY).

Open a PSECU Business Account

Before you open a business account with us, you’ll need to become a PSECU member.

Sole Proprietorship

The following documentation is required to apply for this business account:
Please note: Sole Proprietorships do not need to complete the beneficial ownership section of the business account application.
Apply for a Business Account Business Terms & Conditions
[
Are you a member? If not, to apply for a business account, first open a personal PSECU account.
]
Yes, I'm a Member Become a Member

General Partnership

The following documentation is required to apply for this business account:
Apply for a Business Account Business Terms & Conditions
[
Are you a member? If not, to apply for a business account, first open a personal PSECU account.
]
Yes, I'm a Member Become a Member

Limited Partnership

The following documentation is required to apply for this business account:
Apply for a Business Account Business Terms & Conditions
[
Are you a member? If not, to apply for a business account, first open a personal PSECU account.
]
Yes, I'm a Member Become a Member

Limited Liability Company (LLC)

The following documentation is required to apply for this business account:
Apply for a Business Account Business Terms & Conditions
[
Are you a member? If not, to apply for a business account, first open a personal PSECU account.
]
Yes, I'm a Member Become a Member

Corporation

The following documentation is required to apply for this business account:
Apply for a Business Account Business Terms & Conditions
[
Are you a member? If not, to apply for a business account, first open a personal PSECU account.
]
Yes, I'm a Member Become a Member

Add a Service

To add another service to your PSECU business account, use this application. Please note: Sole
Proprietorships do not need to complete the beneficial ownership section of the Application for Additional Business Products & Services.

    • Business Stop Draft Payment or ACH Stop (single check or ACH item): A $25.00 non-refundable fee is assessed to your account per stop payment order.
    • Business Stop Draft Payment Series or ACH Permanent Stop: A $30.00 non-refundable fee is assessed to your account per permanent stop payment order.
    • Business Return Deposit: $7 per item
    • Copy of cleared check/cancelled check: $1
    • PIN Mailer (if account PIN is requested more than two times in a six-month period): $1
    • Paper Statement Copy (Note: the most recent quarterly statement or last two $5 per account
      monthly statements are free.): $5 per account
    • Dormant Accounts: An account is considered dormant if there has been no activity or account owner and/or agent initiated correspondence for at least one year. PSECU will assess a $2 monthly fee to these accounts. If an account has $2 or less, the total amount remaining will be charged and the account closed. To avoid the fee, account owners and/or agents can simply make a deposit/withdrawal or contact PSECU: $2 per month
    • Bad Address (PSECU will assess this service charge if you move and fail to tell us your new address after 12 months of moving to the new address.): $10
A smiling businessman wearing glasses

Achieve More with PSECU

More gimmes + less gotchas = modern digital banking. Become a member today, and let your money live in the 21st century.

Become a Member