Business Savings Options |Business Checking Options| Business Loans | Business Credit Card
CFCU -A Free Employee Benefit | Direct Deposit or Payroll Deduction
Business Services
We want your business to prosper!
Carter Federal offers a full range of products to meet your business needs, both deposit accounts and loans. On the deposit side, we offer checking, savings, money market accounts and more. On the loan side, we have both secured and unsecured loans to meet your long-term and short-term borrowing needs. We would like the opportunity to work with you. Please contact us for any of your business needs.
Business Savings Accounts
Designed especially for your business
- Earn interest on balances over $500
- $2 monthly fee
- $25 initial deposit
- $100 minimum balance required to avoid monthly charge
- Interest paid and compounded monthly
- Up to two withdrawals per month ($10 charge for additional withdrawals)
Business Money Max Account
- $2,500 initial deposit
- $2,500 minimum balance to avoid fee
- $8 service charge — waived if minimum $2,500 balance is maintained AND have no more than 3 withdrawals, checks or transfers per month
- Multiple deposit tiers for higher earning potential
Business Checking Accounts
As a Small Business Administration (SBA) Lender we can assist you with all of your business needs. Carter Federal Credit Union makes business management as easy as possible by offering a customized package of products for businesses tailored to their unique business needs. Business types available for membership include Sole Proprietorships, Corporations, Limited Liability Companies and Partnerships.
Commercial Checking
This account is specifically for those businesses with a monthly volume of more than 500 items.
- Commercial Checking
- Requires opening deposit of $100
- Non-dividend bearing
- $75.00 monthly service charge
Small Business Checking
For businesses with less than 500 items per month, this account provides the flexibility you need.
- Requires opening deposit of $100
- Non-dividend bearing
- $5 monthly service charge – fee waived with monthly usage our eServices.
Not for Profit Checking
Available for non-profit groups. It is an ideal solution for associations, clubs and churches. It features unlimited transactions with no fees, easy record keeping, and no monthly service charges.
- Requires opening deposit of $100
- No monthly fee
Business Equipment Loans
At Carter Federal we value your membership and want to help your business grow. We offer affordable equipment financing at competitive rates!
- Machinery & Equipment
- Commercial Vehicles
Business Real Estate Loans
Finance existing or new space; make improvements with flexible terms and competitive rates.
- Acquisition and Development
- Construction
- Land Only
- Agricultural
- Owner/Non-Owner Occupied
Business Secured Loans
- Listed Stocks
- Cash Secured
- U. S. Treasury Securities
Business Unsecured Loans
Business Platinum VISA Credit Card Loans
Carter Federal’s Platinum Rewards VISA credit card benefits your business or non-profit association. Powerful credit lines. Competitive interest rate. Use your Platinum VISA credit card anywhere VISA is accepted. Plus, much more!
- No Annual Fee
- Rates as Low as 9.9% APR*
- NO Balance Transfer or Cash Advance Fees
- Credit Line up to $25,000
- Up to 1% Cash Back on Purchases
- $0 Fraud Liability
Free Employee Benefit
Get great financial benefits for your employees - at no cost to you or your company – through membership with Carter Federal Credit Union.
Give your employees access to free checking, fewer transaction and ATM fees, accounts, and more! Credit Unions are not-for-profit institutions with typically lower rates on loans, higher rates on savings and a much higher level of customer service and member satisfaction.
Credit Union membership can also be very helpful to you as a business owner, sending an important message to your employees. We can schedule regular onsite visits, known as “Appreciation Days” with your employees. Providing this on-the-job access to Carter Federal simply shows that your employees’ financial well-being is important to you. Studies have shown that employees who feel that their employer cares about him/her are happier, which, results in higher productivity and lower employee turnover. Schedule an “Appreciation Day” for your employees!
Carter Federal is committed to providing the best personal service, with an educational core, that will give your employees the knowledge they need to make the most of the financial products and services available to them through the credit union.
We look forward to assisting you and your employees with any financial services you and your employees may need with Carter Federal Credit Union, YOUR True Employee Benefit.
Direct Deposit or Payroll Deduction
Enjoy the convenience of Direct Deposit when your paycheck is posted automatically to your Carter Federal Checking Account. Funds are available on payday, saving the time, gas and effort of making deposits in person!
Other checks which may be deposited via Direct Deposit include federally-recurring checks, such as Social Security, Pension, and certain corporate payroll checks. Your joint account owner may also deposit directly to his or her Carter Federal account. Ask your company's Payroll Department for details or use our Switch Kit to sign up today!
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