Essential Federal Credit Union has seven branches in Louisiana and thousands of surcharge-free ATMs nationwide. It offers business savings and checking accounts, lending, merchant services, and more. We compiled Essential Federal Credit Union reviews and found that it has an A+ rating from the Better Business Bureau and positive and negative reviews online.
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Essential Federal Credit Union Business Checking Rates & Fees
|Monthly Fee||No monthly fee|
|Minimum Balance Requirement||No minimum balance requirement|
|Transaction Fee||200 free items per month|
|Wire Transfer Fee||Incoming: $10|
Outgoing (domestic): $20
Outgoing (international): $40
|Cash Deposit Fee||Information not available|
|Overdraft Fee||$34 each|
|ATM Fee||$2 per foreign ATM transaction|
Essential Federal Credit Union Network
Essential Federal Credit Union has seven branches in Louisiana. Its members may also access their funds from thousands of surcharge-free ATMs nationwide through the CULIANCE, MoneyPass, and Allpoint ATM networks. You may view its branch locator to check which locations are closest to you.
Essential Federal Credit Union Additional Business Banking Services
Essential Federal Credit Union also offers the following business services: business savings and money market accounts, lines of credit, term loans, commercial real estate financing, Small Business Administration (SBA) funding, LED guarantee loans, and credit cards. It currently does not offer wealth management. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
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