General Electric Credit Union (GECU) has 11 branches in Ohio and one branch opening soon in Kentucky. Its small business offerings include business savings and checking accounts, lending, credit cards, investment services, legal services, insurance and more. It’s rated A+ by the Better Business Bureau and four stars on WalletHub.
You are eligible to become a member of GECU if you live, work, worship or attend school in one of the following counties in Ohio: Adams, Brown, Butler, Clark, Clermont, Clinton, Darke, Fayette, Greene, Hamilton, Highland, Miami, Montgomery, Preble, Shelby or Warren. You are also eligible if you’re an immediate family member of a current member, if you live and share household expenses with a current member or if you meet any of these other requirements.
General Electric Credit Union Business Checking Rates & Fees
|Business Simplified Checking||Business Premier Checking|
|Monthly Fee||No monthly fee||$20 per month if balance falls below requirement|
|Minimum Balance Requirement||No minimum balance requirement||$10,000 daily balance|
|Transaction Fee||200 free transactions per month; 25 cents each transaction thereafter||400 free transactions per month; 25 cents each transaction thereafter|
|Wire Transfer Fee|
Outgoing (international): $50
|Cash Deposit Fee||25-cent fee per $100 above the monthly cash deposit limit of $5,000||25-cent fee per $100 above the monthly cash deposit limit of $10,000|
General Electric Credit Union Network
GECU has 11 branches in Ohio and one branch opening soon in Kentucky. You can use its branch locator to see which locations are closest to you.
General Electric Credit Union Additional Business Banking Services
GECU also offers the following business services: business savings and money market accounts, lines of credit, business term loans, credit cards, Small Business Administration funding, commercial real estate financing and 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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